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Rapid Changes in Banks: Outdated Systems Struggle to Keep Up

Traditional South African banks, and their associated dated computer systems, were not designed for the breadth of operations required in modern banking and are...

Yen Weakens, Dollar Strengthens as Bank of Japan Set to Keep Loose Policy

The yen dropped against the dollar on Friday after Reuters reported the Bank of Japan (BoJ) is leaning toward keeping its key yield control...

Sri Lanka’s central bank to keep rates unchanged as inflation remains elevated

Sri Lanka's central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support the debt-laden economy...

Reuters Poll: Kenya’s Central Bank to Keep Rates Unchanged at 9.50% on May 29

Kenya's central bank will hold interest rates at 9.50% on Monday as authorities have probably done enough to slow consumer price rises, a Reuters...

Bank of Korea Anticipated to Keep Policies Unchanged Despite Growing Challenges

The Bank of Korea is widely expected to stand pat on Tuesday as inflation slows and financial-market jitters remain, with growing views that its...

Bank of Canada to Keep Interest Rates Steady Despite Economic Growth

The Bank of Canada is expected to take in stride surprising recent economic strength and leave interest rates unchanged at its meeting on Wednesday,...

IMF chief presses central banks to keep fighting inflation

Central banks around the world should keep battling inflation by hiking interest rates despite ongoing concerns about financial stability, the head of the International...

ECB will keep raising interest rates, says Knot

The European Central Bank has to continue to raise borrowing costs, according to Governing Council member Klaas Knot, conceding that a slower pace of...

Banks raising savings rates to keep customers amidst SVB crisis

The Silicon Valley Bank crisis has hammered stocks and almost certainly will curtail lending and economic growth this year. But it appears to be...

Fed officials expect to keep interest rates elevated for ‘some time,’ minutes show

Federal Reserve officials reaffirmed their commitment to fighting inflation at their December meeting and indicated that interest rates could remain elevated for some time...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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