UniCredit to Intensify Cuts as Inflation Expenses Exceed $1 Billion
UniCredit SpA plans to cut an additional €500 million in costs by…
Banking
Nigerian Bank Looks for More Opportunities After Acquiring StanChart Assets
Nigeria’s biggest lender is seeking more acquisitions in a bid to…
Vietnam Central Bank Adopts Cautious Approach on Rate-Cut Amid Risks
A month or so ago, Vietnam’s central bankers were rushing to…
Bank of America Reports Earnings Season Starts with Strong Performance
US earnings season opens with strong bank performance as major institutions benefit from higher rates and resilient consumer spending.…
Adani's Trusted Bankers at Barclays Take a Cautious Approach After Hindenburg Issue
For more than a decade, Barclays Plc has been the go-to…
Dimon Suggests Tougher Bank Rules Delight Private Equity Giants
JPMorgan Chase executives warned Friday that tougher regulations in the wake of…
Bank Earnings and Inflation Kick Off Earnings Season with a Bang
Earnings season began last week, with 12 S&P 500 companies…
G20 Finance and Bank Chiefs Unite to Address Debt Crisis
G20 finance ministers and central bank chiefs opened talks on Monday discussing…
Banks Set to Regulate Interest Rates After Eliminating Cartelization
Banks have individually determined their interest rates following the cancellation of an…
Michele Bullock Takes the Helm at RBA with a 'Reform Agenda': Gallagher
The incoming Reserve Bank governor is expected to bring “reform agenda” to…
Fed Remains Open to Further Rate Hike Following Anticipated Increase This Month
Federal Reserve policymakers are primed to resume raising interest rates this month…
Nigeria Slashes Merchant Banks' Cash Reserve by 70% to Foster Loan Growth
Nigeria’s central bank slashed the mandatory cash reserve requirement for merchant…