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Egypt Central Bank Maintains Steady Interest Rates Amidst Dropped Growth
Banking

Egypt Central Bank Maintains Steady Interest Rates Amidst Dropped Growth

Egypt’s central bank kept its overnight interest rates unchanged on Thursday
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Pete Sadler
Enhanced Security: RBI Guides Banks to Roll Out Card-on-File Token Facility for Customers
Banking

Enhanced Security: RBI Guides Banks to Roll Out Card-on-File Token Facility for Customers

The RBI has issued a circular to all banks for introducing the
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Pete Sadler
Citigroup Announces Closure of Global Distressed-Debt Unit as Part of CEO Jane Fraser's Restructuring Plan
Banking

Citigroup Announces Closure of Global Distressed-Debt Unit as Part of CEO Jane Fraser's Restructuring Plan

Citigroup is shuttering another Wall Street business as CEO Jane Fraser pushes
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Pete Sadler
Optimistic Outlook: Global Banks Foresee No Recession, While US Companies Exercise Caution
Banking

Optimistic Outlook: Global Banks Foresee No Recession, While US Companies Exercise Caution

Heading into 2024, analysts say the U.S. recession they’d been
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Pete Sadler
Impressive Surge: UPI Transactions Skyrocket by 118% in Semi-Urban and Rural Stores
Banking

Impressive Surge: UPI Transactions Skyrocket by 118% in Semi-Urban and Rural Stores

Transactions on the Unified Payments Interface (UPI) platform rose 118% year-on-year at
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Pete Sadler
Warning Signs: US Banks at Risk of $160 Billion in Losses Amid Commercial Real Estate Downturn
Banking

Warning Signs: US Banks at Risk of $160 Billion in Losses Amid Commercial Real Estate Downturn

The commercial real estate sector is at risk of seeing its biggest
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Pete Sadler
Czech Central Bank Poised to Initiate Rate-Easing Cycle on Thursday
Banking

Czech Central Bank Poised to Initiate Rate-Easing Cycle on Thursday

The Czech National Bank was expected to make its first interest rate
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Pete Sadler
Bankers Prepare for Continued Japan Share Sale Revival Extending Into 2024
Banking

Bankers Prepare for Continued Japan Share Sale Revival Extending Into 2024

Equity capital market bankers in Japan are bracing for another busy year
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Pete Sadler
Wells Fargo Makes History: First Major US Bank to See a Unionized Branch
Banking

Wells Fargo Makes History: First Major US Bank to See a Unionized Branch

Wells Fargo & Co. is now the first major US bank to
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Pete Sadler
End of an Era: Bank Indonesia Nears the Conclusion of its Tightening Measures
Banking

End of an Era: Bank Indonesia Nears the Conclusion of its Tightening Measures

Bank Indonesia will probably keep borrowing costs unchanged and mark the end
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Pete Sadler
Korean Banks Take Action: $1.5 Billion Pledged Amid Profit-Sharing Pressure
Banking

Korean Banks Take Action: $1.5 Billion Pledged Amid Profit-Sharing Pressure

Commercial banks in South Korea will provide at least a combined 2
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Pete Sadler
Central Bank of Egypt Set to Conclude 2023 with Interest Rate Discussion on Thursday
Banking

Central Bank of Egypt Set to Conclude 2023 with Interest Rate Discussion on Thursday

The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) will
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Pete Sadler
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