On Friday, the Chinese central bank withdrew funds from a medium-term policy loan operation. Additionally, they maintained a key policy rate, demonstrating their sustained emphasis on…
Browsing: Banking
On Wednesday, Metro Bank (MTRO.L), a British lender, reported a lower annual loss. The decrease was attributed to its efforts to reduce costs and the stabilization…
On Monday, the government-run State Bank of India (SBI) requested additional time from the Indian Supreme Court. The request aims to delay the release of the…
On Monday, the Swiss National Bank revealed a substantial annual loss of 3.2 billion Swiss francs ($3.62 billion). The loss was attributed to the significant cost…
On Friday, the embattled payments firm announced that Paytm and its payments bank unit have mutually agreed to terminate various inter-company agreements. This decision aims to reduce dependencies…
On Tuesday, the Australian Competition Tribunal granted approval for ANZ Group’s acquisition of Suncorp’s banking business, valued at A$4.9 billion ($3.2 billion). This decision enables the…
On Tuesday, a workers’ union reported that ANZ Group (ANZ.AX), Australia’s fourth-largest bank, has announced plans to cut 170 jobs at its commercial banking operations. Australian…
On Monday, New Zealand’s top central banker asserted that the inflation challenge persists. He pointed to broad financial pressures as the reason for maintaining a “restrictive…
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…
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…