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…
Posts tagged as “Banking sector”
U.S. on Thursday announced sanctions on Russia’s third largest bank, Gazprombank and its six foreign subsidiaries, in a move said to be intended to curtail…
A top official of the international banking body recently expressed optimism regarding the outlook of the Turkish economy, saying they are closely monitoring the developments…
Türkiye’s banking regulator, the Banking Regulation and Supervision Agency (BDDK), has granted operational licenses for three new banks, according to a communique published Saturday. According…
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,…
A court in St. Petersburg has ordered assets, accounts, property and shares of Deutsche Bank and Commerzbank to be seized in Russia as part of…
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…
Türkiye’s banking sector posted a net profit of TL 153.5 billion ($4.75 billion) in the first three months of the year, the country’s banking watchdog…
The CEO of British banking giant HSBC, Noel Quinn, announced on Tuesday that he plans to step down, marking the unexpected departure of a hard-nosed…
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…