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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Tag: banking
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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In new 2022 initiative, Citi UAE to utilise recycled plastic for corporate cards
Citi UAE announced that it has introduced Recycled PVC (rPVC) for its corporate cards, the rollout ...
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Cross River Bank gets USD3 Billion+ valuation and a crypto-first strategy
Cross River bank's technology infrastructure attracts VC Interest. Fintech startups around the world raised a total ...
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Digital voice-based banking to become the new reality in 2022?
For quite a while now, voice-based digital assistants have been popular with consumers, but the uptake ...
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Al Salam acquires Ithmaar Bank for USD2.2 Billion to power Consumer Banking division
In a recent announcement, Bahrain’s Al Salam Bank stated that it had acquired Ithmaar Bank in ...
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