China Injects $142 Billion into Megabanks to Revive Slumping Economy
China supplied 1 trillion yuan for special sovereign bonds to complete the sales. China is considering ...
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Tag: banking
HSBC UK Challenges New Fraud Compensation Rules Amid Rising Scam Cases
The head of fraud at the HSBC in the UK, David Callington stated that the new ...
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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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Fed Announces Larger-than-Expected Rate Cut as Inflation Eases
The Fed's policy decision sparked a quiet response from the presidential candidates despite being made just ...
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RBA Reveals Plan to Maintain Cash Rate at 4.35% to Combat Inflation
The RBA felt the need to push back against talk of a near-term reduction in rates ...
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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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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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Qred Emerges as Europe’s Newest Bank
Swedish-based AI-powered fintech company Qred recently obtained its banking license in May. This status now gives ...
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Capital Bond-Issuance by China’s regional banks sees a 70% drop in Q1 2023
Capital Bonds analysts explain the reasons for the substantial drop. The 954-billion-yuan market for capital bonds ...
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FIS plans a $17 billion spin-off in merchant unit
FIS also announced in a statement that the company is planning to spin off Worldpay in ...
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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.
