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By Alun John HONG KONG (Reuters) – Asian shares slipped and the dollar held firm on Friday as traders edged away from riskier assets amid renewed...
By Clare Jim and Karin Strohecker HONG KONG/LONDON (Reuters) – Ratings agency Fitch downgraded property developers China Evergrande Group and Kaisa Group on Thursday, saying they...
Technological progress has reshaped the way businesses across industries operate, including banking. The pandemic has only fuelled the shift to digital and accelerated the adoption of...
By Dorel Blitz, VP Strategy & Business Development, Personetics Digital banks and financial apps have proliferated in number over the past five years. The market is flooded, and customers are spoilt for choice between providers...
By Peter Heywood, Regional Director, BFSI at ISG Interest rates are low, consumers are demanding digital delivery of banking products, employees need to access data from anywhere, and...
Capital restrictions continue to hamper banks’ ability to fund trade finance deals, resulting in the widening of the global trade finance gap. Asset distribution holds the...
NEW YORK (Reuters) -Citigroup Inc is pausing buybacks of its stock this quarter because of the expected impact of a new capital rule related to derivatives...
LONDON (Reuters) -British digital bank Monzo has completed a fresh funding round valuing the company at $4.5 billion, in a vote of confidence from investors in the loss-making...
(Reuters) – The U.S. Justice Department has told Deutsche Bank that it may have violated a criminal settlement when it failed to tell prosecutors about an internal complaint...
By Jonathan Cable LONDON (Reuters) – The Bank of England will wait until early next year before raising borrowing costs, later than previously expected, as it awaits further...
By Matt Scuffham NEW YORK (Reuters) -U.S. bank executives on Tuesday raised concerns about the impact of a sustained period of higher inflation, adding to pressure on the...