Central Banks Increase Gold Reserves Amid Accelerated De-Dollarisation Efforts
Central banks across the world may continue with the gold buying spree…
Banking
Wells Fargo Informs Customers: Missing Deposits Glitch Now Fixed
The Wells Fargo glitch that made some customers’ direct deposits disappear from…
Unlawful 'De-Banking' to Be Probed as Certain Communities Raise Concerns About Disproportionate Effects
The Financial Conduct Authority (FCA) has promised to investigate unlawful bank closures…
CBE Anticipates Inflation to Peak in H2 2023 in Egypt
The Central Bank of Egypt (CBE) expects inflation rates to reach their…
Gulf Bank Facilitates Local Currency Payments at 350+ Merchants for Kuwait Visitors
Gulf Bank has announced a strategic partnership with Fexco International – a global…
Tabby Receives Approval from Saudi Central Bank to Operate in Fintech
CAIRO: Saudi Arabia is fast becoming an attractive destination for regional fintech…
Qatar Central Bank Issues Notification on BNPL Licenses
Residents in Qatar will soon have access to buy now, pay later…
Americans Reach Record $1 Trillion Credit Card Debt
Credit card debt hit $1 trillion for the first time on record,…
Fed's Bowman Suggests More Hikes May Be Necessary to Tackle Inflation
Federal Reserve Governor Michelle Bowman said the US central bank may need…
US Small Banks Not Fully Prepared for Emergency Borrowing from Fed
The lightning-fast collapse of Silicon Valley Bank this spring laid bare an…
Exclusive: UBS Approaches Significant Restructuring of Investment Bank
UBS Group AG (UBSG.S) is poised to make sweeping changes to…
Factbox: US Banks' Forecasts on Costs for Replenishing FDIC's Deposit Insurance Fund
U.S. banks have started to detail the expected impact to their…