Low Unemployment Rate Supports Australian Banks in Home Loan Market
The CEOs of Australia’s two biggest banks said on Thursday a…
ECB's Visco Suggests Peak in Interest Rates is Approaching
The European Central Bank is “not very far” from a peak in…
Dollar Weakens in Response to US Disinflation Signals as Fed Nears the End of Hiking Cycle
The dollar sank to its lowest since April 2022 on Thursday, as…
Africa's Largest Bank Aims to Embrace Crypto as a "Fast Follower"
Africa’s biggest bank is watching developments in crypto currencies but isn’…
Hong Kong Sets Plan to Increase Bank Deposit Protection Starting in 2025
Hong Kong plans to raise the maximum protection on bank deposits in…
Peru Maintains Key Rate at Two-Decade High Amidst Decreasing Inflation
Peru held interest rates at a 22-year high on Thursday as…
Barclays Said to be Considering Selling Its German Consumer Finance Business
Barclays Plc is preparing the sale of its consumer-finance business in…
Bank of Korea's Rhee Maintains Hawkish Bias Following Interest Rate Hold
The Bank of Korea stuck resolutely to its hawkish stance of holding…
Bank of America Utilizes AI and Metaverse for New Hire Training
When you arrive at Bank of America’s new-employee boot camp…
Barclays and Yes Bank Raise India's Inflation Projection in Response to Price Jump
A higher-than-expected India inflation reading in June has prompted some…
Grab and Sea Urge Singapore to Remove Deposit Cap for Digital Banks
Singapore’s new digital banks backed by Grab Holdings Ltd. and Sea…
China's Central Bank Confronts Complex Policy Path amid Impending Deflation
The People’s Bank of China hinted at more policy support for…