In Vietnam, the Ministry of Planning and Investment (MPI) has proposed establishing digital banks from commercial banks within financial centers, starting January 1, 2026. This plan includes adopting international banking standards (Basel III) concurrently. However, the State Bank of Vietnam (SBV) suggests postponing the digital bank launch to January 1, 2027, and aligning Basel III adoption with the roadmap for commercial banks and foreign branches.
In Turkey, Ziraat Bankası is offering newly retired individuals who receive their pensions through the bank numerous discounts, including a 25% discount on safe deposit box rentals.
In the United States, Wealthspire Advisors LLC reduced its holdings in Bank of America Co. (NYSE:BAC) by 20.6% in the fourth quarter, now owning 132,249 shares valued at $5,812,000. Other institutional investors have adjusted their positions, and analysts have issued varied ratings, with an average rating of "Moderate Buy" and a consensus price target of $48.58. Bank of America's last quarterly earnings reported $0.82 EPS, beating estimates, with revenue up 15.0% year-over-year.