FeaturedMarketsNXP Semiconductors slides on soft guidance despite better-than-expected earningsIFM CorrespondentNovember 18, 2024 by IFM CorrespondentNovember 18, 2024 For the fourth quarter, NXP Semiconductors guided adjusted EPS in a range of USD 2.93-3.33 on revenue between USD 3.00-3.20 billion... Read more
FeaturedTransportTesla poised for record sales in China despite market pressureIFM CorrespondentJuly 4, 2023 by IFM CorrespondentJuly 4, 2023 Tesla's market share in China's battery electric vehicle market will decline in the quarter to 13.7% from 16% in the first three months of 2023... Read more
EconomyFeaturedIs risk of UK balance of payments crisis under Liz Truss increasing?WebAdminSeptember 20, 2022 by WebAdminSeptember 20, 2022 If Liz Truss invokes Article 16 of the Northern Ireland Protocol to invalidate a portion of the post-Brexit treaty, she may scare away international investment... Read more
BankingFeaturedDeutsche Bank rolls out Swift’s Beneficiary Account Validation (BAV) serviceIFM CorrespondentNovember 26, 2021 by IFM CorrespondentNovember 26, 2021 The new service will allow customers to verify payee account details before an international payment instruction is sent... Read more
BankingFeaturedDeutsche Bank acquires Berlin-based payment service provider Better PaymentIFM CorrespondentSeptember 21, 2021 by IFM CorrespondentSeptember 21, 2021 The deal is expected to help Deutsche expand its market share in the fast-growing online payment processing market... Read more
Business LeadersFeaturedBNP Paribas appoints Ashley Wilson as prime services headWebAdminJuly 20, 2021July 27, 2021 by WebAdminJuly 20, 2021July 27, 2021 Wilson has also been appointed as the deputy head of Prime Solutions and financing... Read more
BankingFeaturedChina appoints Deutsche Bank as primary dealer in open market businessPritam BordoloiMay 3, 2021May 3, 2021 by Pritam BordoloiMay 3, 2021May 3, 2021 The lender will carry out activities such as the repurchasing of bonds and other trading instruments... Read more
BankingFeaturedDeutsche Bank branch closure could see 450 people lose their jobWebAdminFebruary 26, 2021 by WebAdminFebruary 26, 2021 The bank is also planning to eliminate 20% of its workforce in a four-year restructuring plan... Read more
BankingFeaturedEcobank Transitional appoints Herve S. Assah as non-executive directorPritam BordoloiFebruary 11, 2021 by Pritam BordoloiFebruary 11, 2021 Mr Herve S. Assah has served in senior positions for more than two decades at the World Bank and has been managing partner of Aequaria Capital... Read more
Business LeadersFeaturedCurve Credit appoints Henry Kenner to transform the credit landscapeInternational Finance Business DeskOctober 14, 2020October 14, 2020 by International Finance Business DeskOctober 14, 2020October 14, 2020 Henry has profound experience in financial services including his stint at Deutsche Bank, Swiss Re Capital and ABN Amro... Read more