Finma Advocates for Increased Powers Following Credit Suisse's Collapse
Credit Suisse came near collapse months before its eventual bailout, the Swiss…
Banking
Japan's Interest Rates in Spotlight: A Comparison That Puts Others in Perspective
Major banks in Japan have started raising interest rates on time deposits…
Smart Interaction Granted Saudi License for Finance Integration Services
Saudi fintech firm Smart Interaction has obtained a license to provide finance…
Bunq, the Neobank, Launches Customer-Facing General AI Tool
Bunq on Tuesday became the latest neobank to fold generative artificial intelligence…
Santander Acquires 20% Stake in $9 Billion Signature Multifamily Portfolio
Signature Bridge Bank, under receivership of the Federal Deposit Insurance Corp., sold…
Swiss National Bank Welcomes Two New Deputy Rate-Setters
Switzerland’s government has enlarged the number of deputies for the Swiss…
Central Bank's Monetary Body Gets Crypto Specialist in Erdogan's Recent Appointment
Turkey President Recep Tayyip Erdogan has appointed Fatma Ozkul, a professor who…
IMF Data Reveals Decline in Dollar's Share in Central-Bank Reserves
The dollar’s share in global central-bank reserves dropped in the three…
Peru's Central Bank Foresees Economic Shrinkage After Significant Adjustment
Peru central bank chief Julio Velarde said the nation’s gross domestic…
Bank of Montreal Modifies Loan Agreement for Warburg's Everise Stake
A group of banks led by Bank of Montreal had to rework…
Goldman Sachs Distinctive in Predicting Turkish Rates Have Reached their Peak
Goldman Sachs expects Turkey’s interest rate hike on Thursday to be…
Barclays Anticipates BoE to Implement Rate Cut in May 2024
Barclays said on Friday it expects the Bank of England (BoE) to…