Italian banking giant UniCredit announced on Friday it had received approval from the European Central Bank (ECB) to increase its stake in Commerzbank, but cautioned…
Posts tagged as “Banking”
The net profits of Turkish banks rose by 6.2% from a year ago to TL 659 billion ($18.38 billion) in 2024, official data showed on…
Swiss lawmakers urged tighter regulation of the financial sector following their investigation into Credit Suisse’s collapse, with their findings casting a harsh spotlight on regulatory…
The wholesale solution to leverage good relations between Türkiye and the Arab countries is to have free trade agreements (FTAs), Treasury and Finance Minister Mehmet…
Türkiye is among the most productive nations, plays a significant role in the global supply chain, and has always been attractive for international investors and…
U.S. Treasury Secretary Janet Yellen on Thursday voiced concern over a threat from Israel to cut off Palestinian banks from their Israeli correspondent lenders, warning…
Turkish financial technology (fintech) companies have made a robust entry into 2024, with new investment announcements being made almost every month, serving as a morale…
U.S. bank Citigroup has been fined more than 61.6 million pounds ($78.5 million) for failures in its trading systems and controls in the United Kingdom,…
Swiss banking behemoth UBS on Tuesday reported a 71% increase in first-quarter net profit, reaching nearly $1.8 billion, far surpassing expectations, after experiencing two consecutive…
In southern China, an appliance manufacturer is facing hurdles in shipping its products to Russia, not because of any problems with the gadgets but because…