Chinese Banks Brace for Potential Erosion of Capital Buffers Due to Lingering Weak Market Sentiment
Chinese banks are likely to see further erosion in their capital cushions…
Banking
Central Banks Maintain Steady Rates Amid Market Speculation of Swift Cuts
Markets think it’s all over. After a lengthy and historic monetary…
Rate Hike Era Ends: Federal Reserve Shifts Attention to Timing of Potential Cuts
The Federal Reserve left interest rates unchanged on Wednesday and U.S.…
Saudi Fintech Success: Tamara Secures Unicorn Status with $340 Million Funding Round
Buy now, pay later platform Tamara has become the first Saudi fintech…
GCC Central Banks Align with Fed, Maintain Unchanged Interest Rates
Central banks in the Gulf Cooperation Council region have kept their interest…
2025 Outlook: French Central Bank Anticipates Economic Recovery
French economic activity will only pick up in 2025 as lower inflation…
Credit Suisse Oversight: Swiss Authorities Face Criticism for Mishandling
About six months before Credit Suisse was sold to rival UBS in…
Bank of America Issues Early Warning of Mild Recession at Year's Start
Back in January, Bank of America was one of many investment banks…
Chinese Banks Increase Bad Loan Sales in Response to Escalating Consumer Defaults
Chinese banks are putting bad loans up for sale at a record…
Global Non-Bank Sector Experiences Significant Retreat Amidst Higher Rates
Multi-trillion dollar non-banking finance saw its first major retreat last year since…
Metro Bank Declines to Sell £3 Billion Mortgage Portfolio
Metro Bank Holdings Plc said it’s no longer considering the sale…
Citi's Onshore China Investment Bank Plans Face Delays Due to Data Law
Citigroup Inc.’s push to set up a wholly-owned securities business in…