Goldman Sachs’ profit beats as investment banking fuels highest earnings since 2021
GOLDMAN Sachs’ first-quarter profit beat Wall Street estimates as a recovery in underwriting and dealmaking boosted its investment banking unit, ...
Tag: Banking
China central bank keeps policy rate unchanged, drains cash from banking system
CHINA’S central bank on Monday left a key policy interest rate unchanged as widely expected when rolling over maturing medium-term ...
Fintech Revolut receives Mexican banking authorisation, eyes expansion
FINTECH company Revolut received a banking license in Mexico and is preparing to expand operations in Latin America’s no. 2 ...
Italy has room to consolidate banks: UBS chief
UBS Group chief executive officer Sergio Ermotti sees the potential for consolidation among Italian banks as a way to strengthen ...
Bankers in Europe push back as ECB conducts new ESG risk review
THE European Banking Federation (EBF) says lenders in the region won’t be able to compete with their US rivals if ...
Apac investment banking fees tumble in Q1: London Stock Exchange
ASIA-PACIFIC, excluding Japan, generated an estimated US$4.4 billion worth of investment banking (IB) fees in the first quarter of 2024, ...
Apac investment banking fees tumble in Q1: London Stock Exchange
ASIA-PACIFIC, excluding Japan, generated an estimated US$4.4 billion worth of investment banking (IB) fees in the first quarter of 2024, ...
Banking bottleneck causing six-month delays for Russia-China payments: sources
AS THE threat of secondary sanctions deters Chinese banks from facilitating trade with Russia, companies are flocking to the one ...
Eurozone banking stocks are the most overbought in history
THE ascent of eurozone banking stocks has gathered pace to such an extent that they have become the most overbought ...
The Techno-Functional Visionary Reforming Risk Management in Banking
An industry once characterized by its steadfast adherence to tradition, the banking sector is now keeping up with integrating digital ...
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