For the first time since January 2022, central banks in major developed nations did not raise interest rates in September, while emerging markets maintained their split…
Browsing: Banking
According to federal prosecutors, Swiss private bank Banque Pictet has admitted to assisting US taxpayers in hiding more than $5.6 billion from the Internal Revenue Service…
Colombia’s central bank board will meet for the final time this year on Tuesday to decide whether to begin cutting the country’s historically high interest rates…
The Czech National Bank (CNB) began an interest rate-cutting cycle on Thursday, cutting the main repo rate by 25 basis points to 6.75%, the first cut…
DBS Group Holdings (DBSM.SI) announced on Friday that it is increasing its stake in China’s Shenzhen Rural Commercial Bank by S$376 million ($284.72 million) in order…
United Overseas Bank (UOBH.SI) of Singapore announced a 74% increase in core profit for the first quarter compared to the same period last year, driven by…
As the German company strengthens ties with the UK corporate customer segment, Numis Corp (NUM.L), a London-based institutional stockbroker and corporate advisor, stated on Friday that…
As profits from its institutional arm surpassed those from its home lending division on Friday, Australian lender ANZ Banking Group Ltd (ANZ.AX) announced that it was…
Australia’s Westpac Banking Corp (WBC.AX) on Monday dropped a cost-cutting goal, blaming inflation, but after easily exceeding first-half profit projections, investors drove the stock higher. May…
The largest publicly traded bank in Portugal, Millennium bcp (BCP.LS), reported on Monday that stringent cost controls and rising interest rates were to blame for a…