banking

Brand-new Positive Facilities (“Ejabiah”) awards core banking system contract to Islamic software powerhouse Path Solutions

September 22, 2021 - The newly established financing company in Saudi Arabia, Positive Facilities Co. Ltd.(“Ejabiah”), has signed an agreement…

4 years ago

Santander in talks with over 200 Portugal staff hit by job cuts – source

Spain's Santander (SAN.MC) is in negotiations with about 210 employees in Portugal as part of a wider cost-cutting plan that affects 11%…

4 years ago

ECB’s Lane reveals in private meeting inflation target may be met by 2025 – report

European Central Bank (ECB) chief economist Philip Lane revealed in a private meeting with German economists that the ECB expects…

4 years ago

Stop funding coal abroad, NGO group tells top investor Bank of China

Bank of China (BoC) (601988.SS), a top global investor in coal- power plants, must end the financing of such projects outside…

4 years ago

Factbox: How the BOJ is quietly unwinding Kuroda’s ‘bazooka’ stimulus

After years of shock-and-awe monetary stimulus, senior Bank of Japan officials are quietly dismantling radical policies introduced by Governor Haruhiko…

4 years ago

Deutsche Bank regains Hong Kong IPO sponsor licence

Deutsche Bank (DBKGn.DE) has regained its Hong Kong Initial Public Offerings (IPOs) sponsors licence after it was suspended in June following the…

4 years ago

BNP Paribas in wealth management JV talks with China’s AgBank -sources

BNP Paribas' (BNPP.PA) asset management arm is in talks to form a wealth management venture with a unit of Agricultural Bank of…

4 years ago

Australia, Malaysia, Singapore and South Africa launch cenbank digital currency scheme

Central banks in Australia, Singapore, Malaysia and South Africa will conduct a cross border payments trial using different central bank…

4 years ago

Regulators warn Wells Fargo of new possible sanctions -Bloomberg

Frustrated at the pace of Wells Fargo & Co's (WFC.N) efforts to compensate victims of its sales practice scandals, U.S. regulators have…

4 years ago

Canada bank investors fret over pace of lending recovery as deposits surge

Canadian banks started to see a much-awaited improvement in their core lending outside of mortgages in the third quarter, helping…

4 years ago