Wells Fargo USD 1.95 trillion asset cap likely to be lifted in 2025
As part of the compliance process, the bank sent a third-party review to the Federal Reserve to demonstrate it had overhauled its risk management and controls...
Category : Banking
HSBC sees ‘unattractive’ risk reward for Goldman Sachs, Morgan Stanley
Since November 2024, Goldman Sachs and Morgan Stanley have both increased by 14% and 13%, respectively, the day after the US election, when the KBW Bank Index jumped by nearly 10%...
BCEL Bank: Revolutionising banking for Laotians
As BCEL Bank celebrates 35 years of serving Laos, it has marked the milestone by introducing new features and products that will further revolutionise digital banking...
IF Insights: Australia’s big fight against scams
Australians lost a record USD 3.1 billion to scams in 2022, according to the Australian Competition and Consumer Commission...
China mandates banks for USD 2 billion bond issuance in Saudi Arabia
Recently, China's Ministry of Finance announced that, with State Council approval, it would issue bonds in Saudi Arabia for a maximum of USD 2 billion...
Jordan Ahli Bank’s vision: A future of shared prosperity
Jordan Ahli Bank's dedication to its customers goes beyond banking, building lasting relationships founded on trust and innovation...
Bank of Uganda cuts key lending rate again, indicates reduction in inflationary pressures
The rate of inflation in services decreased from 6.2% in August to 5.8% in September...
Gulf banks see record profits as region’s net interest income increases
With a 6.3% increase in net interest income to USD 2.5 billion, Kuwaiti banks led this growth...
VIB dominates Vietnam’s credit card market with diverse product range
VIB pays special attention to creating a superior cashless shopping experience for Vietnamese travellers...
Central Bank of Nigeria continues to enhance foreign exchange market liquidity
According to a recent bank statement, the Central Bank of Nigeria's policy goals are to support market confidence and produce observable outcomes...