Revolut Issues Delayed Accounts in Effort to Advance Towards UK Bank License
British online bank Revolut Ltd. published its delayed accounts for 2022 on…
Banking
Turkey Implements Another Interest Rate Hike Alongside New Tightening Measures
Turkey’s central bank delivered its seventh straight interest-rate hike as…
China's Big Banks Adjust Deposit Rates, Indicating a Move Towards Policy Easing
China’s biggest state-owned banks are slashing deposit rates again, fueling…
Co-Op Bank of UK Engages in Exclusive Merger Talks with Coventry
British lender Co-Operative Bank said it’s in “exclusive discussions” with…
Brazil Central Bank Adjusts Downward 2024 Economic Growth Forecast
Brazil’s central bank trimmed its 2024 economic growth forecast as strong…
Public Disclosure Policy Introduced by Fed's Regional Banks
The Federal Reserve’s 12 regional banks adopted a limited policy for…
RBA Anticipated to Lag Behind Global Peers in Shifting Towards Interest Rate Cuts
Australia’s central bank was slow to respond to mounting inflation pressures…
Royal Bank of Canada Receives Approval for $10 Billion Purchase of HSBC Unit
Canada on Thursday approved Royal Bank of Canada’s (RY.TO) C$…
Czech Central Bank Initiates Rate-Easing Cycle with a 25 bps Cut
The Czech National Bank (CNB) started an interest rate-easing cycle on…
Egypt Central Bank Maintains Steady Interest Rates Amidst Dropped Growth
Egypt’s central bank kept its overnight interest rates unchanged on Thursday…
Enhanced Security: RBI Guides Banks to Roll Out Card-on-File Token Facility for Customers
The RBI has issued a circular to all banks for introducing the…
Citigroup Announces Closure of Global Distressed-Debt Unit as Part of CEO Jane Fraser's Restructuring Plan
Citigroup is shuttering another Wall Street business as CEO Jane Fraser pushes…