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Co-Op Bank of UK Engages in Exclusive Merger Talks with Coventry
bank

Co-Op Bank of UK Engages in Exclusive Merger Talks with Coventry

British lender Co-Operative Bank said it’s in “exclusive discussions” with Coventry
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Pete Sadler
Brazil Central Bank Adjusts Downward 2024 Economic Growth Forecast
2024

Brazil Central Bank Adjusts Downward 2024 Economic Growth Forecast

Brazil’s central bank trimmed its 2024 economic growth forecast as strong
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Pete Sadler
Public Disclosure Policy Introduced by Fed's Regional Banks
Banking

Public Disclosure Policy Introduced by Fed's Regional Banks

The Federal Reserve’s 12 regional banks adopted a limited policy for
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Pete Sadler
RBA Anticipated to Lag Behind Global Peers in Shifting Towards Interest Rate Cuts
anticipated

RBA Anticipated to Lag Behind Global Peers in Shifting Towards Interest Rate Cuts

Australia’s central bank was slow to respond to mounting inflation pressures
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Pete Sadler
Mexico Confronts Unfavorable Inflation Developments Amidst Holiday Spending Spike
amidst

Mexico Confronts Unfavorable Inflation Developments Amidst Holiday Spending Spike

Mexico’s consumer prices rose more than expected in early December as
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Pete Sadler
Royal Bank of Canada Receives Approval for $10 Billion Purchase of HSBC Unit
10%

Royal Bank of Canada Receives Approval for $10 Billion Purchase of HSBC Unit

Canada on Thursday approved Royal Bank of Canada’s (RY.TO) C$
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Pete Sadler
Czech Central Bank Initiates Rate-Easing Cycle with a 25 bps Cut
bank

Czech Central Bank Initiates Rate-Easing Cycle with a 25 bps Cut

The Czech National Bank (CNB) started an interest rate-easing cycle on Thursday
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Pete Sadler
Egypt Central Bank Maintains Steady Interest Rates Amidst Dropped Growth
amidst

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
announces

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
118%

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
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