Unions in Argentina staged a general strike against President Javier Milei’s libertarian government on Thursday, causing widespread disruptions, including halted trains and subways, grounded flights,…
Posts tagged as “Banking sector”
Gulf Cooperation Council (GCC) banks are showing a strong appetite to expand their presence in major regional markets, particularly in Türkiye, Egypt and India, Fitch…
British banking giant HSBC on Wednesday named chief financial officer Georges Elhedery as the bank’s next chief executive to drive “the next phase of development…
The U.S.-based credit rating agency Fitch revised on Tuesday its outlook for the Turkish banking sector from “neutral” to “improving,” citing reduced external financing pressures…
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…
Credit rating agency Fitch said on Wednesday that Turkish banks’ foreign financing risks have decreased amid improved access to external financing, lower risk premiums and…
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…
Major banks and business groups, including the American Bank Association, sued the U.S. Federal Reserve (Fed) on Tuesday, alleging that the U.S. central bank’s annual…
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…
Hakan Ateş, the chief executive of Turkish private lender Denizbank, has stepped down after 27 years at the helm and is due to be succeeded…