Commercial
Japan’s Banks Mark Record Profits Despite Economy Shrinking 0.7%
These banks have profited from increased corporate activity as deflation has reduced in Japan. This year,...
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Visa Gets Sued For Illegally Dominating The Debit Card Market
Visa's extensive financial system handled over $3.3 trillion worth of transactions in its most recent quarter....
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Citigroup’s China Expansion Faces Roadblocks Due To US Regulators
Citigroup had initially planned to launch its investment banking division by mid-2023, but it later moved...
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Financial Firms Face Pressure as New UK Fraud Regulations Loom
There has been a strong response in the UK against the PSR plan Hundreds of financial...
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Barclays Leads the Way by Eliminating Bonus Cap in the UK
Barclays’ action is similar to JPMorgan’s, which also stated in June that it would do away...
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Jaywan Card System Redefines Payment Solutions In The UAE
The word Jaywan means ‘precious pearl’ in Arabic and aims to be seen as UAE’s effort...
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Australian Banks to Refund $28M to Low-Income Customers
The Australian banks include Commonwealth Bank, Westpac, Bendigo and Adelaide Bank and ANZ. Four banks in...
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JPMorgan’s Drive for 15% of US Deposits and Credit Card Dominance
On Friday, JPMorgan is scheduled to release its profits. America’s biggest bank, JPMorgan Chase is aspiring...
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UniCredit Challenges ECB’s Order to Reduce Russia Risks
The largest exposure of any European institution to Russia, where it operates a top-15 bank, is...
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Federal Reserve’s Annual Stress Test Passed by Top 31 US Banks
The biggest banks in the country have passed the stress test in recent years, usually with...
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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
