The bank discount rate is a calculation of the interest investors earn on short-term instruments such as Treasury bills.

Digitalization is shaping the future of money, but traditional central bank money housed in commercial banks will remain dominant, Moody’s predicted in a new report. Essentially, trust trumps ...

MIDDLETOWN — David W. Glidden, president and CEO of Liberty Bank, recently announced hiring three commercial bankers to expand the bank’s market presence in Connecticut as well as enhance its credit ...

Commercial Bank of Dubai (CBD) has become the first bank in the UAE to fully activate Open Finance into live operational use under the Central Bank of the UAE’s Open Finance Initiative, AlTareq, ...