Financing

PNC Bank has unveiled its plans to invest around $1bn to open more than 100 new locations and renovate more than 1,200 existing locations through 2028. Through the investment, PNC aims to build and open new branches in key locations,...

In a recent move, the International Monetary Fund- IMF went on to raise its forecast for worldwide growth, estimating 3.1% in 2024. But it is well to be noted that Europe's prospects are not all that positive. Global growth is...

It is well to be noted that the Euro zone banks go on to expect a small rebound within the demand for mortgages as well as corporate loans for the first time ever in the last two years since...

Banks within the European Union go on to face much closer scrutiny of how they go on to evaluate the impact of interest rate changes when it comes to their balance sheets after one of the initial examinations went...

The US Federal Reserve said on January 24 that a funding lifeline created for banks in 2023 after the collapse of Silicon Valley Bank threatened to ignite a wider financial crisis would be closed as scheduled in March. Apparently, the...

The UAE is going ahead and adopting impressive strides in order to reinforce its position as an international hub of the Islamic finance sector with its Shariah-compliant banking sector, which at present accounts for 23% of the overall banking...

2024, in all possibilities, looks to be a landmark year when it comes to banking and finance, marked by major changes as well as transformations. The fact is that the significance of AI is going to be pivotal, getting...