Tag: Banking
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Irish Central Bank raises 2021 growth forecast to 8.3%
Ireland’s central bank raised its growth forecast for 2021 for the second time. This is as the progress of the COVID-19 vaccination campaign, improving...
Scandal-hit Credit Suisse considers creating single private bank
Credit Suisse Group AG is considering to centralize the management of its bankers to the world’s wealthy, reversing a regional structure put in place six...
Caixa bank to cut 6450 jobs in Spain’s biggest banking staff overhaul
Caixabank with its union spokesperson announced that they have agreed with unions to lay off 6,452 employees. And this will be the biggest ever...
HSBC fund arm backs former Rosenberg Equities CEO in ESG startup
HSBC Asset Management, the fund arm of Britain’s biggest bank, said that it would take a minority stake RadiantESG. This is a women-led U.S.-based...
BoE sees no evidence yet to support climate capital charges on banks
The Bank of England Deputy Governor Sam Woods said that BoE does not have evidence yet to force banks to hold more capital to cover risks from...