Tag: Banking
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Monzo abandons US banking license bid
British digital bank Monzo, a loss-making bank has withdrawn its application for a U.S. banking licence. This is after more than two years of...
World Bank employees pressured by Georgieva
According to an independent investigation, including then-Chief Executive Kristalina Georgieva, World bank leaders, had applied pressure on staff to boost China’s ranking in the...
Stamm Hurter to join SNB bank council
Cornelia Stamm Hurter has been appointed by the Swiss government. Hurter is appointed as a new member of the Swiss National Bank (SNB) Bank Council. The SNB stated...
BoE policymakers split evenly last month
Bank of England policymakers split evenly last month. This is between those who felt the minimum conditions for considering an interest rate hike and those...
Prudent monetary policy to be maintained by China
Pan Gongsheng, vice governor of the People’s Bank of China (PBOC) stated that China will maintain prudent monetary policy. He also told a news conference that...