News
CBE From Egypt And Jordan Come Together For Fintech Collab
The Central Bank of Egypt has gone on to sign an appendix to the MoU with its Jordanian counterpart. Apparently, the MoU pertains to the banking supervision field between the two parties, which has existed since 2004. The new...
News
Toughened Stance To Purify Crypto Market-UK Finance Watchdog
On March 8, 2023, Britain's financial watchdog said that stringent rules were needed to purify crypto in order to eliminate conflict of interest, safeguard the assets of the customer, and quicken radical changes in the business model.
The new chair,...
Banking
To Improve Risk Data, Bank of England Gives Lenders Deadline
The Bank of England is going to decide by year's end whether tougher disclosure rules will be needed for banks after an almost complete meltdown in funds related to pensions in September 2022. The bank projected weaknesses when it...
News
EU Gives A $647mn Thrust For A Fast Serbian Railway Line
The European Union granted Serbia 610 million euros, equivalent to $647.15 million, on February 28, 2023, for the development of a fast railway route connecting southern Serbia to central Europe.
The funding was signed symbolically in a train in the...
Banking
Chinese Companies Stick To Dollar To Give Cushion To Yuan
There are some Chinese companies that are holding on to the dollars made out of export revenues, while there happen to be some that are turning towards foreign exchange hedging in anticipation of the yuan’s value falling, as per...
Insurance
Reuters Events invites the insurance claims community to the world’s largest claims event at Connected Claims USA 2023 in Austin, TX (September 26-27, 2023)
Dealing with market pressures, inflation impacts and an evolving ecosystem is now a reality across the Insurance industry. Carrier organizations need to explore ways to differentiate and stay ahead of the competition. This is not breaking news, but it...
Financing
Better Financial Status For US Hospitals Beginning 2023
According to Kaufman Hall’s monthly hospital flash report, hospitals across the US did better financially in January 2023 than their situation was a year ago when the COVID-19 variant, Omicron, surfaced. That said, the operating margin still happens to...
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