Banking recent news

The intersection of quantum computing and the financial world has the potential to revolutionize risk analysis and forecasting in financial markets. With the use...

Micro-insurance schemes play a crucial role in addressing the lack of insurance coverage in emerging markets. Mobile microinsurance and microinsurance products offered by microfinance...

Green bonds in banking: a deep dive into their impact on sustainable projects and environmental finance in capital markets of emerging markets. Green bonds are...

Open banking has completely transformed the financial industry, shaking up the traditional banking landscape and paving the way for innovation and competition among digital...

Can you imagine a world where financial transactions are faster, more secure, and completely transparent? Where traditional banks can streamline their operations and offer...

The world is unlikely to achieve its objective of eradicating extreme poverty by 2030 absent history-defying rates of economic growth over the remainder of...

Mastercard Inc. has started to make payments quicker than ever as you will no longer have to take your phone out, tap or swipe...

HSBC is revamping its growth strategy by ramping investments in Asian countries after a drop in earnings for the 2020 financial year. The UK headquartered...

Goldman Sachs slashed its CEO David Solomon’s salary by $10 million following the bank’s involvement in Malaysia’s 1MDB scandal. Documents filed by the bank to...

The Governing Council of the ECB (European Central Bank) will decide in the spring whether or not to launch the digital euro, but the...

Investment banking giant Goldman Sachs pulled off a strong third quarter of 2020 profit with net earnings at $3.62 billion and net revenues at...

JPMorgan Chase & Co., the largest bank in the United States, will be paying $920 million in a settlement after admitting wrongdoing in several...

HSBC, one the largest banks in the world, moved millions of scammers money regardless of the warning, BBC reported Sunday. According to a leaked file,...

Central banks around the world are making their own versions of digital currencies paving a way for Bitcoin and Libra, according to recent news. Both...

Debit card and Credit card providers are joining the eco-friendly card production movement to replace the traditional plastic cards. MasterCard, one of the largest credit...

The Asia Pacific region is likely to see a $31.4-$54.3 billion remittance drop due to Coronavirus spread in 2020, reported by Asian Development Bank...

There’s a real fear in banking that the industry is headed for turbulent waters, with some experts even warning that the banking institution, as...

HSBC profits plummeted for the first half of the year following the Covid-19 pandemic and geopolitical risks like the deteriorating US-China relations. HSBC Holdings PLC...

The devastating impact of the Covid-19 crisis on every-day life and health has carried a thoroughly disruptive economic fallout. Economists cannot revise their projections...

American investment bank Goldman Sachs announced Friday it has reached a $3.2 billion settlement with the Malaysian government for its role in the multi-billion...