banking

Explainer: How Malaysia is seeking to recover billions of dollars missing from 1MDB

Malaysia on Monday announced 22 civil suits against entities and people accused of being involved with the massive 1MDB corruption…

5 years ago

Class of COVID-19: Next generation of bankers fear for future

The stage fright of walking into the imposing offices of a $607 billion asset manager in the heart of a…

5 years ago

The impact of COVID-19 on artificial intelligence in banking

COVID-19 has not dampened the appetite of European banks for machine learning and data science, but may in the short…

5 years ago

A $9 million boss? UniCredit investors to decide how much Orcel is worth

MILAN (Reuters) - Investors are due to approve Andrea Orcel’s appointment as chief executive of UniCredit on Thursday, but the…

5 years ago

China March new bank loans rise but broad credit growth eases

BEIJING (Reuters) - New bank loans in China rose more expected in March from the previous month due to strong…

5 years ago

The world is delivering a new billionaire every 17 hours

Although the world is still dealing with the devastating effects of the Covid-19 epidemic, a few positive things have begun…

5 years ago

South Korea unveils prototype of KF-X fighter jet

SEOUL (Reuters) - South Korea on Friday unveiled the first prototype of the KF-X fighter jet it is developing with…

5 years ago

Toshiba chairman issues cautious statement on CVC’s take-private offer

TOKYO (Reuters) -The chairman of Toshiba Corp’s board on Friday issued a statement on CVC Capital Partners’ recent offer to…

5 years ago

Textile Minister Reaches out to engineering institutions regarding textile machinery

The domestic textiles market and its entire value chain contribute to 7 percent of the country's manufacturing production and 2.3…

5 years ago

Prosus nets $14.6 billion from sale of Tencent stake

AMSTERDAM (Reuters) - Amsterdam-based technology investor Prosus NV has netted $14.6 billion from the sale of a 2% stake in…

5 years ago