Tag: Banking
Prudent monetary policy to be maintained by China
Pan Gongsheng, vice governor of the People’s Bank of China (PBOC) stated that China will maintain prudent monetary policy. He also told a news conference that...
Global big banks plot to return to office
The biggest banks in the world are planning to reopen their offices, due to the vaccination drives and falling of the Covid cases. The COVID...
Retail based QR payment first launched in Public Bank of Malaysia
Malaysia-based Public Bank is the first bank in Malaysia that is facilitating a retail-based QR payment between Thailand and Malaysia. The bank has now...
New innovative by Bank of Africa
Multinational pan-African banking conglomerate Bank of Africa will launch a new innovative offering for South to North money transfer. The media report says that...
Goldman planning to float Petershill asset
Goldman Sachs plans to float the assets of its Petershill Partners unit. They are thinking about this with the hope to cash in on...
Santander UK and Infosys Finacle Launch new international cash management platform
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY) and Santander UK, today announced the roll out of Santander UK’s international cash...
Bank of Canada appoints female deputy governor, boosts size of governing...
The Bank of Canada announced that the appointment of Sharon Kozicki as a deputy governor, temporarily raising the number of members on the governing council. Kozicki,...
Deutsche bank market share shrinks in some areas
Deutsche Bank ‘s investment banking arm lost market share across an array of key services in the second quarter. This is collected from the data of...
Central banks, wealth funds going greener and more activist
The COVID-19 pandemic is accelerating a shift by central banks and the sovereign wealth and public pension funds to greener and more activist investment strategies....
Deutsche bank raising amount paid to junior bankers
German lender Deutsche Bank AG is raising the amount it pays investment banking analysts. The bank will now pay first and second-year analysts in its origination and advisory arms...
