Finance

A general view shows The Bank of England and the City of London financial district, amid the outbreak of the coronavirus disease (COVID-19), in London, Britain, November 5, 2020. REUTERS/John Sibley/File Photo Europe will see its biggest transfer of share […]

China is expected to go ahead of the United States to become the world’s biggest economy in 2028, 5 years earlier than previously anticipated due to the contrasting recoveries of the two countries from the COVID-19 pandemic.The 2 biggest economies […]

It’s easy to forget that it’s not just politicians who disagree about the opportunities and challenges posed by Britain’s imminent departure from the European Union. Brexit is the UK’s chance to amplify its global financial influence, but many in the […]

Charles Li Xiaojia will step down as chief executive of HKEX in two weeks. Photo: Nora Tam Charles Li Xiaojia hinted on Monday that he would set up his own financial business based in Hong Kong after he steps down […]

Standard Chartered (StanChart) is looking to boost the skillsets of its workforce in Singapore with the launch of a new training lab. The British bank hopes to train 8,000 of its employees here across a range of digital skillsets, including […]

A view of Canary Wharf business district in London, Britain, October 14, 2020. REUTERS/Matthew Childs New capital rules for banks and investment firms will be implemented at the start of 2022, six months later than originally indicated to give industry […]

CEO Tidjane Thiam of Swiss bank Credit Suisse addresses the bank’s annual shareholder meeting in Zurich, Switzerland April 27, 2018. REUTERS/Arnd Wiegmann The former Credit Suisse boss has just been appointed Chairman of the Board of Directors of Rwanda Finance […]

First City Monument Bank (FCMB), a foremost financial services provider in Nigeria, has been voted as the Best SME Bank in Africa, thereby consolidating its position as the dominant financial institution in the segment. The bank won the prestigious award […]

The Estonian central bank announced earlier this month that it had launched a research project into a central bank digital currency. Known as Eesti Pank, the bank revealed it would look into how its e-government technology could be integrated into […]

Citibank Korea Yoo Myung-soon, the new CEO of Citibank Korea — the local branch of New York-based Citigroup — urged the bank’s leaders as well as employees to ramp up efforts to counter potential managing risks for consumer protection in […]