Lebanon's Future Interim Central Bank Head Advocates for Reform
The Lebanese central bank’s first vice governor Wassim Mansouri urged the…
Banking
OPay Plans to Launch Digital Bank in Egypt
OPay has announced its intention to apply for a digital bank licence…
Axis Bank Expects Intensified Battle for India Deposits
The battle for deposits among Indian lenders is unlikely to abate, a…
Pakistan Maintains Rates Unchanged Despite IMF's Call for Tightening
Pakistan’s central bank kept its benchmark rate unchanged despite the International…
Banks Suggest Disclosing Only 33% of Capital Markets Emissions
A majority of investment bankers tasked with setting the first industry standards…
Halting Interest on BOE Reserves Could Save UK £1 Billion
The UK government would save about £1 billion ($1.3 billion) a…
Nigeria Grants Exemption to Small Lenders from Cash Withdrawal Limits and Penalties
Nigeria’s central bank exempted mortgage banks and certain microfinance lenders from…
UBS Predicts Departure of Credit Suisse Wealth Veterans in Hong Kong
UBS Group AG has seen a round of exits within its wealth…
Swiss National Bank Records $15 Billion Loss in Second Quarter
The Swiss National Bank (SNBN.S) said on Monday it lost 13.…
Fed Survey Shows US Banks Reporting Tighter Credit, Weaker Loan Demand
U.S. banks reported tighter credit standards and weaker loan demand from…
RBA Holds Rates Steady as Inflation Eases, Leaves Room for Future Hikes
The Reserve Bank of Australia held interest rates steady on Tuesday as…
Bank of Japan Increases Bond Purchases as 10-Year JGB Yields Reach 9-Year High
Japan’s benchmark 10-year government bond yield surged to a nine-year high…