HSBC’s new gameplan: Investment banking retrenchment, more focus on Asia
LSEG data indicates that HSBC earned USD 107.3 million, or 7% of the total fee pool, in 2024, the highest amount of investment banking fees in the MENA region...
Category : Banking
Deutsche Bank may exit some businesses, CEO says after profit miss
Deutsche Bank has changed its target for this year's cost-to-income ratio from less than 62% to less than 65% to make investments...
Bank of Japan raises interest rates to highest in 17 years, yen jumps
At its two-day meeting that ended, the Bank of Japan increased its short-term policy rate from 0.25% to 0.5%...
The Access Bank UK Limited: A trusted partner for global & African trade
Aligned with the vision of its parent company, Access Bank Plc, The Access Bank UK Limited is committed to sustainable growth...
Our banking solutions cater to various business needs: Bank of Baghdad CEO Basil Al Dhahi
The Bank of Baghdad is strategically expanding its branch network and ATM services, aiming to increase the number of ATMs to over 200...
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...
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...