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Citi to exit Mexican consumer business as part of strategy revamp

Global Business Magazine January 12, 2022

Citigroup Inc (C.N) will exit its Citibanamex consumer banking business in Mexico, the bank said on Tuesday ending its 20-year retail Read More

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WWE rival sues over alleged illegal wrestling monopoly

Global Business Magazine January 12, 2022

World Wrestling Entertainment Inc (WWE.N) was sued on Tuesday by a smaller rival that accused it of violating federal antitrust law Read More

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Wells Fargo to scrap bounced check, overdraft protection fees by March 30

Global Business Magazine January 12, 2022

Wells Fargo & Co said on Tuesday that it will stop charging customers fees for bouncing checks and will waive fees for customers Read More

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Factbox: Corporate America revamps back-to-office plans on Omicron threat

Global Business Magazine January 12, 2022

Companies across the United States are revising their back-to-office plans, driven by rising uncertainty around the Omicron COVID-19 variant that has pushed Read More

Banking News World

Israel’s Bank Leumi raises 3.2 billion shekels in bonds

Global Business Magazine January 12, 2022

Israel's Bank Leumi (LUMI.TA) said on Wednesday it raised 3.2 billion shekels ($1 billion) from institutions in a tender to expand two series Read More

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Qatar’s economy grows by 2.6% in Q3 2021, lifted by non-hydrocarbon sector

Global Business Magazine January 12, 2022

Qatar's economy grew 2.6% year-on-year in the third quarter of 2021, according to official estimates, driven mainly by the non-hydrocarbon sector.Read More