Central Bank of Myanmar Takes Steps to Stabilize Currency and Tackle Inflation
Myanmar aims to stabilize its currency to control price pressures, the central…
Pete Sadler
BNP Becomes the Latest Bank to Pay Fine in Extensive US Messaging Probe
BNP Paribas SA is set to become the latest bank to pay…
US Bank Regulators Present Comprehensive Plan to Revamp Capital Requirements
US regulators unveiled plans to impose even tighter capital rules on big…
Bank of England's Inflation Fight Raises Worries Among Treasury Advisers
Advisers to Chancellor of the Exchequer Jeremy Hunt are increasingly concerned that…
China Requests Banks to Fund Tech Sector in Effort to Boost Private Industry
China’s central bank called on the financial sector to help fund…
ECB's Decision to Scrap Interest on Reserves Deals $6 Billion Blow to Banks
The European Central Bank will stop paying banks for the money they…
Emirates NBD Surpasses Expectations with Profit Surge Driven by Margins and Deposits
Emirates NBD PJSC’s net income for the second quarter beat estimates…
European Central Bank Raises Interest Rates to Highest Level in 22 Years
Eurozone interest rates have climbed to the highest level for 22 years…
Major Banks Face Capital Hike of Up to 19% as per Proposed US Regulations
US regulators are proposing that big banks increase their capital levels to…
GDP Report: US Economy's Q2 Growth Exceeds Anticipated Rate
The US economy grew at a faster-than-expected pace in the second quarter…
Discover the Array of Banks Extending Student Loan Services
College is expensive. While the federal government offers student loans to help…
Inflation Downtrend Spurs Global Central Banks to Reevaluate Policy Stance
Top central banks continued with another round of interest rate hikes this…