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Britain aligns with EU on delaying Basel bank capital rules

The Bank of England said that it planned to delay implementing a final set of post-financial crisis capital requirements for banks until January 2025....

Yachtmaker Ferretti braves choppy waters with IPO valuing it at upto $1.2 BLN

Italian luxury yacht maker Ferretti Group launched a Hong Kong initial public offering. This values the company at up to $1.2 billion. Ferretti, whose...

Goldman Sachs raised COO pay by 78%

Goldman Sachs Group Inc President and Chief Operating Officer John Waldron's total compensation for 2021 was $33 million. This is up nearly 78% from a...

HSBC buys virtual plot of land in digital push

HSBC is buying a plot of virtual real estate in an online gaming space called The Sandbox for an undisclosed sum. This is the bank's...

In break with Toshiba board

A Toshiba Corp independent director broke ranks with the company board's public stance. He said that he would back a shareholder proposal at the upcoming...

Breaking

Crypto and Banks Intensify Senate Lobbying Ahead of Key Clarity Act Vote

The battle over major cryptocurrency legislation in the United...

Hefei’s Rapid Industrial Growth Highlights China’s Economic Imbalance

Hefei has emerged as one of China’s leading centres...

Qualcomm and Amazon Forge Major AI Chip Partnership, Including $4 Billion Stock Warrant

Qualcomm has entered into a long-term partnership with Amazon...

RBI Withdraws Over ₹6 Trillion as Banking Liquidity Hits Record High

The Reserve Bank of India (RBI) absorbed more than...
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