Understanding the Bank of England's Plight and the Need for Empathy
The Bank of England finds itself in a tricky position leading up…
Banking
Tinubu Initiates Probe Into Nigeria's Central Bank Operations
Nigerian President Bola Tinubu, weeks after he suspended the nation’s central…
UK Considers Extending Bank Closure Rules to Business, Reports Telegraph
UK government considers extending bank branch closure rules to protect business customers, potentially slowing the pace of high street banking closures.…
Lebanon Central Bank Deputy to Assume Leadership After Scandal
Lebanon’s central bank first vice-governor said he will take on the…
Swiss National Bank Reports $15 Billion Loss in Second Quarter
The Swiss National Bank reports a 5 billion loss in Q2 2023, driven by currency losses and declining bond valuations amid global monetary tightening.…
Bank of Ireland Raises Forecasts and Targets Higher Dividend
Bank of Ireland lifted its full-year guidance on Monday and said it…
Rapid Changes in Banks: Outdated Systems Struggle to Keep Up
Traditional South African banks, and their associated dated computer systems, were not…
Iraqi Banks Ready to Challenge Dollar Ban Measures
Fourteen Iraqi private banks hit with curbs by the United States over…
Former Bank of Israel Head Warns of Investors Pulling Funds Amid Overhaul Turmoil
Jacob Frenkel, a former Bank of Israel chief and ex-chair of JP…
UK Banks Under Scrutiny Again After Farage Controversy
After more than a decade trying to rehabilitate their image since an…
Fed's Tightening Cycle Endgame Faces Challenges Amid Easing Financial Conditions
Less tight financial conditions as exhibited by the red-hot stock market may…
Central Banker's Remark on Prices Signals Possibility of Rate Hikes in the Philippines
Bangko Sentral ng Pilipinas Governor Eli Remolona said upside risks to inflation…