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Peru’s Central Bank Foresees Economic Shrinkage After Significant Adjustment

Peru central bank chief Julio Velarde said the nation’s gross domestic product will contract this year, marking the first time a government official publicly...

HSBC Issues Apology After Digital Banking Glitch Locks Out Thousands of UK Customers

Thousands of HSBC (HSBA.L) customers in Britain on Friday reported they were unable to access some mobile and online banking services, the latest in...

Binance Witnesses Over $1 Billion Withdrawn by Users After CEO’s Departure and Guilty Plea

Outflows from Binance have amounted to more than $1 billion in the past 24 hours, not including bitcoin, according to data from blockchain analysis...

Lebanon Central Bank Deputy to Assume Leadership After Scandal

Lebanon’s central bank first vice-governor said he will take on the top job on an interim basis as Riad Salameh ends his tenure amid...

UK Banks Under Scrutiny Again After Farage Controversy

After more than a decade trying to rehabilitate their image since an era of bailouts and mis-selling scandals, Britain's banks are once again a...

CEO of Natwest Steps Down After Acknowledging ‘Serious Error’ in Farage Leak

NatWest (NWG.L) CEO Alison Rose on Wednesday stepped down with immediate effect after she admitted a "serious error of judgment" in discussing former Brexit...

British Consumer Confidence Dips After Six Months of Growth

UK consumer confidence fell for the first time in six months, interrupting a rapid rebound in sentiment as the reality of soaring prices emerged...

Nigerian Bank Looks for More Opportunities After Acquiring StanChart Assets

Nigeria’s biggest lender is seeking more acquisitions in a bid to expand outside its home market, days after snapping up some African assets of...

Adani’s Trusted Bankers at Barclays Take a Cautious Approach After Hindenburg Issue

For more than a decade, Barclays Plc has been the go-to bank for Indian billionaire Gautam Adani, leveraging a relationship forged when only a...

Banks Set to Regulate Interest Rates After Eliminating Cartelization

Banks have individually determined their interest rates following the cancellation of an interest rate cartelization scheme by the Nepal Bankers’ Association. The decision, made...

Nomura Predicts Slower Growth for Indian Economy After Unexpected Expansion

India’s strong economic growth momentum could slow in the coming months, making the central bank shift focus from taming inflation to stimulating demand, according...

UK Mortgage Lending Takes a Hit After Unforeseen Interest Rate Rises

UK mortgage approvals fell unexpectedly, and borrowers repaid debt at a historic pace after soaring interest rates increased the cost of serving loans. The figures...

UBS Chairman Foresees Rise in Customer Balances After Credit Suisse’s Rescue

UBS (UBSG.S) has been a net gainer in customer balances following its rescue of Credit Suisse (CSGN.S), Chairman Colm Kelleher said on Wednesday, citing...

Saudi National Bank chair steps down days after Credit Suisse comments prompt sell-off

Saudi National Bank Chairman Ammar al-Khudairy resigned his post on Monday, days after his comments exacerbated the share collapse of troubled bank Credit Suisse. He...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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