Banks will seek blockchain adoption in next three to five years
JP Morgan in its report notes that blockchain is vital to fast payments and digital currency...
Tag : banks
Morgan Stanley to acquire online trading firm Etrade for $13 bn
The acquisition will allow Morgan Stanley to tap into Etrade’s 5.2 mn retail investors...
South Africa to set up wealth fund, state bank to improve financial access
The plans for both proposals were announced by President Cyril Ramaphosa in his 2020 State of the Nation Address...
DIB becomes world’s largest Islamic bank with Noor Bank acquisition
DIB will have total assets worth Dh275 billion, making it the fourth largest bank in the UAE...
Egypt’s external debt increases 17.47% to $109.363 bn last September
The World Bank estimates Egypt’s volume of long-debt to be more than $98.3 billion...
South Africa slashes interest rates to lowest in four years
The Monetary Policy Committee voted in unison to lower the repurchase rate to 6.25% from 6.5%...
Citi Singapore adjusts pay for women to bridge gender gap
The bank’s global pay equity review found that women staff did not receive equal compensation for the same task performed...
Lifetime financial planning: What is the better trade off?
Singapore fintech startup BetterTradeOff’s solution solve the loss of human touch and contextualisation in financial planning for individuals...
Goldman’s workforce expansion in China is part of five-year strategy plan
The headcount will increase by 600 employees in Goldman Sach’s mainland operations...
Egypt’s overdue banking act forwarded to legislature
The much-awaited banking law monitors digital payments and financial technologies...