In guidelines released on Thursday that now also address blockchain, the international Basel Committee of banking regulators advised banks to adopt a cautious approach when
Category: Money Matters
Lloyds will pay employees a 1,000 pounds stipend to ameliorate the rising cost of living.
On Monday, Britain’s largest domestic bank, Lloyds, informed employees that the great majority of them will get a one-off 1,000 pound ($1,220) payment to help
HSBC disposes of the Greek commercial bank to focus on Asia.
As the lender sharpens its focus on its largest market Asia, HSBC announced on Monday that it has agreed to sell its branch operations in
Russia’s largest lender Sberbank quits Europe, 7 others are excluded from Swift.
Sberbank, Russia’s largest lender, is exiting practically all European markets, alleging huge financial withdrawals and threats to its workers and property as a result of
The exit of Russia from the SWIFT Banking system is the last resort.
The option of cutting Russia off from the SWIFT global interbank payments system remained open on Friday, according to French Finance Minister Bruno Le Maire,
At a 3-day repo auction, the Russian central bank offers banks $23 billion.
On Friday, Russia’s central bank announced that it had provided banks with 1.9 trillion roubles ($22.87 billion) of the 3 trillion roubles available in a
The data leak of over 30,000 Credit Suisse bank clients exposes dubious people.
A data leak from Credit Suisse, Switzerland’s second-largest bank, revealed details of the accounts of more than 30,000 clients – some of them unpleasant —
Flutterwave, a fintech firm, raises $250 million at a valuation of over $3 billion.
Flutterwave, an Africa-focused fintech firm, announced on Wednesday that it has raised $250 million in its single-largest investment round to date, valuing the company at
SoSoProf Global: Advising on Building Capability, Competence, Value Creation, Competitive Advantage for Companies of the Future.
SoSoProf is a multi-disciplinary professional services firm representing a diverse client base in a variety of industries. For almost 30 years, SoSoProf has focused its
Andreessen Horowitz to set up $1b crypto currency VC fund
Venture Capital giant Andreessen Horowitz is hoping to raise an asset of as much as $1 billion to put resources into digital forms of money