Global Banking Monitor

Monday, September 25, 2023

ADIB: Best New Digital Feature 2023

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Seamless Saudi Arabia 2023: Highlights and Key Insights

Saudi Arabia is in the midst of...

Tag: bank

Gulf Bank Facilitates Local Currency Payments at 350+ Merchants for Kuwait Visitors

Gulf Bank has announced a strategic partnership with Fexco International – a global leader in innovative payment and currency exchange solutions – to expand...

Tabby Receives Approval from Saudi Central Bank to Operate in Fintech

CAIRO: Saudi Arabia is fast becoming an attractive destination for regional fintech heavyweights thanks to the Kingdom’s carefully regulated operations to ensure ease of...

Qatar Central Bank Issues Notification on BNPL Licenses

Residents in Qatar will soon have access to buy now, pay later services as the country’s central bank issued a notification asking interested companies...

Exclusive: UBS Approaches Significant Restructuring of Investment Bank

UBS Group AG (UBSG.S) is poised to make sweeping changes to the senior ranks of its investment banking division globally as soon as Monday,...

Fed Data Shows Rise in Bank Deposits and Lending in the Latest Week

Bank deposits, and lending rose in week ended July 26, the latest data from the Fed showed. Deposits at large U.S. banks rose by $3.3...

CEO of Bank of America Reverses Recession Call Citing Robust Jobs and Spending

Bank of America Corp. Chief Executive Officer Brian Moynihan said the firm reversed its prediction for a recession in coming months because of strength...

Australia Regulator Blocks $3.2 Billion ANZ-Suncorp Bank Deal

Australia's competition regulator on Friday blocked a A$4.9 billion ($3.2 billion) buyout planned by No.4 bank ANZ Group (ANZ.AX) of insurer Suncorp's (SUN.AX) banking...

Turkish Central Bank Governor and Finance Minister to Attend JPMorgan Investor Meeting on Friday

Turkish Central Bank Governor Hafize Gaye Erkan and Finance Minister Mehmet Simsek will attend a meeting with investors being held by JP Morgan in...

Bank of England Warns of High Rates as Borrowing Costs Reach 15-Year Peak

The Bank of England raised its key interest rate by a quarter of a percentage point to a 15-year peak of 5.25% on Thursday,...

Wells Fargo Customers Complain of Missing Deposits from Bank Accounts

Wells Fargo is dealing with a technical issue that has resulted in customers reporting that their direct deposits had disappeared from their bank accounts. On...

Philippine Central Bank Prepared to Tighten Policy When Necessary

The Philippine central bank said it was ready to tighten monetary policy as necessary to keep a lid on price pressures, after data on...

Mexico’s Central Bank Remains Confident in Current Rate, Regardless of Fed’s Actions

Bank of Mexico board member Jonathan Heath said in an interview published Wednesday he believed Mexico's benchmark interest rate was at the correct level,...

Georgian Central Bank Lowers Key Interest Rate by 25 Basis Points to 10.25%

Georgia's central bank cut its key refinancing rate to 10.25% from 10.5% on Wednesday, citing a decline in inflation, but said that risks remained...

Bank of Japan Deputy Governor Dismisses Possibility of Early Exit from Ultra-Easy Policy

The Bank of Japan's decision last week to tweak its bond yield control policy was aimed at making its massive stimulus more sustainable, not...

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