Tag: Banking
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Major U.S. Banks Report Robust Earnings Amid Higher Interest Rates and Cautious Consumers
Major U.S. banks, including JPMorgan, Wells Fargo, Citigroup, and PNC Financial Services, reported robust earnings on Friday, driven in part by higher interest rates,...
Indian State-Owned Banks Contemplate Reduced Bond Purchases Amid Tightening Liquidity
Indian state-owned banks are poised to reduce their purchases of government bonds as concerns mount over tightening liquidity in the country's banking system. This...
Scotiabank and Sun Life Financial’s Asset Management Division Partner to Expand Private Credit Investments in Canada
Bank of Nova Scotia (Scotiabank) and Sun Life Financial's asset-management division, SLC Management, have entered into a partnership aimed at capitalizing on the growing...
Challenges and Opportunities: Metro Bank’s Quest for Financial Stability
Metro Bank, a British retail bank, has recently found itself in the spotlight as it seeks solutions to address a series of challenges that...
ECB’s Strategic Embrace of AI: Enhancing Inflation Understanding and Communication
The European Central Bank (ECB) is embarking on a transformative journey into the realm of artificial intelligence (AI) to enhance its understanding of inflation...