Category :Banks

Banks Business Companies foreign exchange World

Swedish Central Bank Boosts Dollar Holdings in Reserve Shift

Global Business Magazine April 2, 2025

The Swedish Central Bank Riksbank on Tuesday increased its exposure to dollar assets in the foreign exchange reserve to 70%, from previously 62%. At Read More

Banks Business Companies World

Chime Offers ‘Instant Loans’ with Fixed Interest Rate

Global Business Magazine March 28, 2025

San Francisco-based neobank Chime, a leading consumer financial technology company, has recently announced the launch of Instant Loans, a product that provides Read More

Business Banks Companies ETFs World

UOB Asset Management Begins Tracking FTSE China A50 Index

Global Business Magazine March 27, 2025

Singapore headquartered UOB Asset Management Ltd (UOBAM) has switched the United Shanghai Stock Exchange (SSE) 50 China Exchange-Traded Fund’s (ETF) Index to Read More

Banks Agreement Business Companies Regional

Emirates NBD and BlackRock Create Investment Platform

Global Business Magazine March 25, 2025

Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, on Tuesday signed a Memorandum Read More

Banks Business Companies Regional Wealth

GCC Banks to Benefit from Strong Capital Levels

Global Business Magazine March 25, 2025

The banks in the Gulf Cooperation Council (GCC) will continue to benefit from strong capital levels, supporting their overall performance in 2025, the Read More

Banks Business Companies Divestments World

Santander UK to close 95 Branches Beginning June

Global Business Magazine March 19, 2025

Banking giant Santander UK, the British arm of Spain's Banco Santander, on Wednesday said that it was planning to close 95 of its 444 Read More

Banks Business Companies Mergers and Acquisitions SMEs World

SmartBiz Completes Acquisition of Centrust Bank

Global Business Magazine March 19, 2025

In a big boost the small businesses, the US-based financing platform SmartBiz on Tuesday announced the closing of its acquisition of United Read More

Banks Business Companies Private Credit World

DWS and Deutsche Bank to Develop Private Credit Partnership

Global Business Magazine March 19, 2025

DWS Group, one of the Europe’s leading asset management firm with more than $1 trillion assets under management, and Germany’s Deutsche Read More

Business Banks Bitcoin Companies World

Korean Not Keen on Including Bitcoin as Forex Reserve

Global Business Magazine March 17, 2025

Officials of the South Korean central bank – Bank of Korea - on Sunday called for a ‘cautious approach’ to an idea of Read More

Banks Business Companies IMF World

IMF Cautions New Zealand Against Pushing Its Central Bank

Global Business Magazine March 12, 2025

The International Monetary Fund (IMF) has cautioned the New Zealand Government against pushing its Reserve Bank of New Zealand (RBNZ) bending too Read More