The head of the African Development Bank is calling for an end to loans given in exchange for the continent’s rich supplies of oil or critical minerals
The former chairman of the state-owned Bank of Beijing is under investigation for corruption, the latest in a series of graft investigations focused on the country’s financial sector.
AI GOES MAINSTREAM Artificial intelligence thrust itself into public consciousness this year. But the technology, while dazzling for its ability to retrieve information or produce readable prose,
Police are investigating suspected crimes of a Chinese wealth company owned by Zhongzhi Enterprise Group, according to the Beijing Public Security Bureau, days after the firm
Wang Ke, currently CEO of OCBC Wing Hang China, will assume the role of Head of Greater China, succeeding Tan Wing Ming, the group noted in a
Banco Nacional Ultramarino (BNU) in Macau yesterday announced profits of MOP288.4 million (32.7 million euros) in the first half of the year, a year-on-year increase of 125.2%.
The rebranding took place yesterday. From now on, OCBC Wing Hang Bank Macau will be officially referred to as OCBC Bank Macau, the corporation said in a
UBS said yesterday that it has completed its takeover of embattled rival Credit Suisse, nearly three months after the Swiss government hastily arranged a rescue deal
Ringing a bank when facing financial problems as prices soar will make things better, not worse, according to the boss of Santander. Mike Regnier, UK chief
Switzerland's parliament is opening a special session yesterday to scrutinize the state-imposed takeover of Swiss bank Credit Suisse by rival UBS — and possibly considering strengthening
The Swiss central bank hiked its key interest rate yesterday and insisted that a government-orchestrated takeover of troubled Credit Suisse by rival bank UBS ended the financial turmoil.
In the hours after some of Silicon Valley Bank’s biggest customers started pulling out their money, a WhatsApp group of startup founders who are immigrants of color
Credit Suisse’s shares soared 30% yesterday after it announced it will move to shore up its finances by borrowing up to nearly $54 billion from the Swiss central
Bank stocks sagged in Europe and U.S. stock futures fell yesterday ahead of the market’s open in New York, shaken by worries the biggest U.S.
Instant bank wiring of Hong Kong Dollars will be possible with the next phase of the Easy Transfer function, Chan Sau San, president of the Monetary
Following the results published on Wednesday which showed a 41.7% drop in the profits of the Banco Nacional Ultramarino (BNU) in 2020, the BNU has justified the decline as being
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