Richest Asian Banker Kotak Under Pressure to Choose Outsider Successor, Say Sources
India’s banking regulator is nudging Kotak Mahindra Bank Ltd. to select…
Banking
Barclays and Deutsche Bank Struggle to Deliver Results
NatWest Group Plc got all the bad publicity last week after a…
Oldest Philippine Bank Aims for 50 Million Users in E-Wallet Competition
Bank of the Philippine Islands, Southeast Asia’s oldest lender, is targeting…
Major Gold Seller Among Central Banks Poised to Offload More
In a turnaround that’s already taken it from one of the…
Weak Second Quarter Makes SNB Payout to Switzerland Less Likely
A Swiss National Bank payout to the Swiss government and cantons for…
Understanding the Bank of England's Plight and the Need for Empathy
The Bank of England finds itself in a tricky position leading up…
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Rapid Changes in Banks: Outdated Systems Struggle to Keep Up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…