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Category :Banks

Santander UK Sets Aside $374 Million For Litigation Costs

Global Business Magazine November 20, 2024

Caught in the biggest consumer banking scandal, Santander UK Group, the UK arm of Spain’s Banco Santander, on Wednesday said that Read More

Banks Business Companies Regional

Turkiye’s Ziraat Bank Launches Operations in DIFC

Global Business Magazine November 18, 2024

Turkiye’s leading financial institution Ziraat Bank has commenced operations at its new office in the Dubai International Financial Centre (DIFC), the Read More

Banks Business Companies fintech Funding World

Japan’s SmartBank Raises $27 Million in Series B Round

Global Business Magazine November 12, 2024

Tokyo-based fintech SmartBank has secured around $27 million in a Series B round consisting of a mix of equity funding and debt financing, Read More

Banks Business Companies Earnings shares World

DBS Group Announce $2.26 Billion Share Buyback Programme

Global Business Magazine November 7, 2024

Singapore-headquartered DBS Group on Thursday said that the Board of Directors has established a new share buyback programme of $2.26 billion. Under the Read More

Banks Business Companies Earnings World

NatWest Q3 Profits Up as Lending and Deposits Grow

Global Business Magazine October 25, 2024

NatWest Group, the UK-based retail and commercial bank serving over 19 million customers in different regions of the country, on Friday reported a Read More

Banks Business Companies Deals World

IDB Invest Launch $1 Billion Securitisation Deal

Global Business Magazine October 24, 2024

Inter-American Development Bank (IDB) Invest, a member of the IDB Group, on Wednesday announced a $1 billion securitisation transaction, the first of its Read More

Banks Business Companies shares World

Deutsche Bank Plans Share Buybacks After Record Q3 Profits

Global Business Magazine October 23, 2024

German multinational investment bank Deutsche Bank AG, on Wednesday reported a record profit before tax of $2.48 billion for the third quarter of 2024, Read More

IMF Regional World Bank

IMF Revises UAE’s Growth to 5.1% in 2025

Global Business Magazine October 23, 2024

Despite escalating geopolitical tensions and trade protectionism, the International Monetary Fund (IMF) has revised upwards its growth forecast for the UAE in 2025 Read More