Banking

The very lucrative pay rise that is secured by Germany’s public sector employees may very well complicate the European Central Bank’s fight when it comes to inflation, as per analysts. The proposed deal is going to help Europe’s largest...

The open banking evolution in the US could go on to impact the way regulators supervise the banks since the seamless portability of accounts between financial institutions can lead to more deposit outflows, said a top banking regulator on...

Carrefour Group and MoneyGram International, Inc., a leading global financial technology company that connects the world’s communities, announced they will expand MoneyGram services to over 500 Carrefour locations in multiple markets in 2024. Carrefour customers across Europe and Latin America...

The Qatar Financial Centre Authority (QFCA), the legal and tax arm of the Qatar Financial Centre (QFC), an onshore financial and business centre in the region, has signed a Memorandum of Understanding (MoU) with R3, a global provider of enterprise...

The European Union suggested on April 18 making it more difficult for states to invest billions of euros into failing banks, as Italy did with Monte dei Paschi di Siena six years ago. Suggestions from the EU's executive aim to...

The financial regulators in Britain said on April 17 that they would be setting up a new body in the coming two years so as to encourage more competition when it comes to banking services by way of using...

The Federal Deposit Insurance Corporation in the US is anticipated to initiate ways to make the US banking sector pay for the approximately $23 billion dearth of its insurance fund due to the collapse of Silicon Valley Bank and...