BankingFeaturedEquity Bank terminates acquisition talks with Altas MaraInternational Finance Business DeskJune 24, 2020 by International Finance Business DeskJune 24, 2020 The protracted pandemic and the uncertainty that follows has forced the bank to end acquisition of four banks in Zambia, Mozambique, Tanzania and Rwanda... Read more
BankingFeaturedStandard Chartered extends Sh650 bn in financing for businessesInternational Finance Business DeskJune 23, 2020 by International Finance Business DeskJune 23, 2020 The loan extension will allow businesses to cope with the pandemic's impact... Read more
BankingFeaturedGoldman Sachs temporarily closes Marcus for new UK customersInternational Finance Business DeskJune 12, 2020 by International Finance Business DeskJune 12, 2020 Since the start of the pandemic, deposits worth $5.1 billion flooded the account, with Marcus now holding an approximate total of $27 billion... Read more
Banking and FinanceFinanceMagazineNeobank diary: Data is everythingWebAdminJune 5, 2020June 5, 2020 by WebAdminJune 5, 2020June 5, 2020 Neobanks in Southeast Asia rival traditional banks with unique digital propositions built on vast amounts of customer data... Read more
BankingFeaturedNew digital bank called Sparkle launches in NigeriaPritam BordoloiJune 3, 2020 by Pritam BordoloiJune 3, 2020 Sparkle is launched by former Diamond Bank CEO and tech entrepreneur Uzoma Dozie... Read more
BankingFeaturedNigeria suspends layoffs for banks despite difficult timesInternational Finance Business DeskMay 7, 2020May 7, 2020 by International Finance Business DeskMay 7, 2020May 7, 2020 Commercial lenders will have to seek approval from the central bank to implement job cuts... Read more
BankingFeaturedUOB approves loans worth $4 bn for impacted businesses in SingaporeInternational Finance Business DeskMay 5, 2020May 5, 2020 by International Finance Business DeskMay 5, 2020May 5, 2020 These loans come under Enterprise Singapore's Temporary Bridging Loan Programme... Read more
BankingFeaturedRiyad Bank plans early redemption of $1.06 billion sukuk due in 2025International Finance Business DeskApril 28, 2020 by International Finance Business DeskApril 28, 2020 The bank has received regulatory approval for its sukuk redemption... Read more
BankingFeaturedHSBC resorts to cost-cutting measures affecting up to 10,000 jobsInternational Finance Business DeskApril 22, 2020 by International Finance Business DeskApril 22, 2020 The move is under the leadership of interim CEO Noel Quinn... Read more
BankingFeaturedHSBC UK, Fidelity FundsNetwork partner to launch new SIPPInternational Finance Business DeskApril 20, 2020 by International Finance Business DeskApril 20, 2020 The partnership will allow HSBC UK to offer the new SIPP solution to clients through Fidelity FundsNetwork platform... Read more