Hong Kong Sets Plan to Increase Bank Deposit Protection Starting in 2025
Hong Kong plans to raise the maximum protection on bank deposits in…
Banking
Peru Maintains Key Rate at Two-Decade High Amidst Decreasing Inflation
Peru held interest rates at a 22-year high on Thursday as…
Barclays Said to be Considering Selling Its German Consumer Finance Business
Barclays Plc is preparing the sale of its consumer-finance business in…
Bank of Korea's Rhee Maintains Hawkish Bias Following Interest Rate Hold
The Bank of Korea stuck resolutely to its hawkish stance of holding…
Bank of America Utilizes AI and Metaverse for New Hire Training
When you arrive at Bank of America’s new-employee boot camp…
Barclays and Yes Bank Raise India's Inflation Projection in Response to Price Jump
A higher-than-expected India inflation reading in June has prompted some…
Grab and Sea Urge Singapore to Remove Deposit Cap for Digital Banks
Singapore’s new digital banks backed by Grab Holdings Ltd. and Sea…
China's Central Bank Confronts Complex Policy Path amid Impending Deflation
The People’s Bank of China hinted at more policy support for…
Philip Lowe to be Replaced as Central Bank Governor in Australia
Australia’s government will not reappoint Philip Lowe as Reserve Bank governor,…
Bank of America Secures First Texas Municipal Deal Following GOP-Backed Law
Bank of America Corp. won a Texas city’s bond deal on…
RBI's Rate Pause Aligned with Global Trends, Proving Beneficial
The markets have been on a high for the past few sessions,…
SVB Announces Sale of Investment Banking Division
SVB Financial Group said on Sunday it has entered into an agreement…