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Browsing: Banking
RBFA 2023: Global Banking, Fintech Stakeholders To Converge In London
World fintech and banking industry stakeholders will converge in London, United Kingdom (UK) for this year’s edition of the Global…
Banks in UK assess China risks after being stung by Russia sanctions
Big banks in Britain are preparing for any future escalation of Western sanctions on China and have shared their “scenario…
Moody’s: Islamic Banking Industry Remains Underdeveloped In Africa
Despite having around 28 per cent of the world’s Muslim population, Africa’s Shariah compliant banking assets make up only around…
Septimus ‘Bob’ Blake resigns as president of Jamaica Bankers Association
The Jamaica Bankers Association (JBA) today announced the resignation of Septimus ‘Bob’ Blake as president of the association, with effect…
Why are British lender Metro Bank’s shares plunging?
Mid-sized British lender Metro Bank (MTRO.L) saw its shares plunge more than 25% on Thursday following reports it is trying to raise as much…
Turkish Central Bank faces key test on economic turnaround after Erdogan’s reelection
The Turkish central bank faces a key test Thursday on turning to more conventional economic policies to counter sky-high inflation…
Bank of England launches first sector-wide liquidity ‘stress test’
The Bank of England has launched its first system-wide liquidity ‘stress test’ to establish how big banks, insurers, clearing houses…
European Central Bank Raises Rates to Highest Level Since 2001
The European Central Bank raised interest rates to their highest level in more than two decades on Thursday and warned…
Santander appoints Castro e Almeida to drive growth in Europe
Pedro Castro e Almeida has been appointed to replace Antonio Simoes, who has been hired as the new CEO of…
May 31 (UPI) — Efforts to control inflation in the European economy run the risk of creating “vulnerabilities” in…