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…
Browsing: #BANKING
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…
In a statement released on Sunday, SVB Financial company (SIVBQ.PK) said that it has reached a deal to sell its investment banking unit, SVB Securities, to…
On Tuesday, New Zealand announced that it would assess the banks’ profitability and determine whether the sector’s competition was beneficial to consumers SYDNEY, June 20 -…
Although the Bank of Japan is warming to the idea of changing its divisive bond yield control policy later this year, settings are likely to remain…