Tag: Banking

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BOJ appears to be preparing for currency intervention by checking FX rates—Nikkei

As authorities increased their cautions about sudden drops in the yen, the Nikkei newspaper stated on Wednesday that the Bank of Japan has performed...

HSBC aggressively pitches a growth plan to irate investors

A day after rejecting a pull-back plan by its top investor, HSBC officials on Tuesday reaffirmed the lender's business strategy of operating as a global...

Latest Barclays update: glimpse at Whatsapp inquiry

Barclays (BARC.L) set aside $200 million to recoup the expenditure in its half-year results on Thursday, joining a number of other European banks feeling...

Deutsche Bank continues to be profitable in Q2 but issues an economic alert

Previously, it was seen that Drew Goldman, head of global corporate finance coverage and advice at Deutsche Bank, will retire and be succeeded by...

Koerner is anticipated to be named the newest CEO of Credit Suisse

Ulrich Koerner is anticipated to be named as the new CEO of Credit Suisse Group AG (CSGN.S), the latest management change at the Swiss...

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Global Banks Could Unlock $7 Trillion Valuation Boost with Strategic Growth Initiatives: BCG Report

Global banks have the potential to enhance their combined...

African Currencies Face Varied Outlooks Against Dollar: Analysis and Forecasts

As the foreign exchange markets in several African countries...

Yotta’s Strategic Move: A $500 Million Boost for AI Chips from Nvidia

In a strategic move to enhance its AI cloud...

Geopolitical Turmoil in Red Sea Disrupts Global Trade, Prompting Adaptations and Declines

Global trade, a crucial driver of the world economy,...

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