Tag: Banking
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Development banks linked to nature loss worth $800 BLN per year
Every year, the investments made by public development banks around the world could destroy nature worth $800 billion. Stating this, the researchers urged that there...
Euro zone banks continue to reduce soured credit
Euro zone banks continued to record a decline in soured loans, according to the collected data. This is even as the European Central Bank warned that lenders...
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British digital bank Monzo, a loss-making bank has withdrawn its application for a U.S. banking licence.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...