Swiss bank UBS has chosen to make Frankfurt the headquarters of its new wealth management division, instead of London. The investment bank has consolidated its divisions...
Shareholders at Spanish bank Banco Popular have voted to replace its Chairman Angel Ron, following his poor performance in dealing with the bank’s financial struggles. Popular...
The Bank of England has begun working with financial technology (fintech) firms to provide real time information to banks to warn them of cyber-attacks. While speaking...
A report from the European Central Bank (ECB) revealed that nearly a third of the bad loans in the euro zone are being held by Italians...
The dollar was down by over one percent against the Yen on Monday morning, continuing its slide since its 13-year-high last week. The boost from the...
China’s National Development and Reform Commission has announced plans to transform transportation links in and around Beijing to make it more globally accessible. The plan will...
Digital payment firms in India have witnessed a surge in transactions following the termination of large bank notes in the country earlier this month. The country’s...
Traditionally, investments from the Arabian Gulf into Africa have focused on North Africa, owing partly to closer cultural ties and the Gulf’s focus on western markets....
Banco do Brasil SA has announced plans to cut 18,000 jobs, as it seeks to expand its digital business, as a means of being more competitive....
Portugal’s largest listed bank Millennium BCP has accepted a 16.7 percent share purchase from Fosun, a Chinese conglomerate. Fosun made a subscription of 157,437,395 new BCP...
