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Tag: bank

US Supreme Court dismisses Owens case against Türkiye’s Halkbank
Business

US Supreme Court dismisses Owens case against Türkiye’s Halkbank

January 9, 2024January 9, 2024

Türkiye’s state lender Halkbank on Tuesday introduced {that a} 2020 U.S. lawsuit in opposition to it by a gaggle of plaintiffs had been conclusively dismissed,

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BRICS bank looks to local currencies as Russia sanctions bite
Economy

BRICS bank looks to local currencies as Russia sanctions bite

August 10, 2023August 10, 2023

Hobbled by the affect of sanctions towards founding shareholder Russia, the New Development Bank (NDB) arrange by the BRICS nations wants to extend its native

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European Central Bank raises interest rates but slows pace
Economy

European Central Bank raises interest rates but slows pace

May 4, 2023May 4, 2023

The European Central Bank (ECB) slowed the tempo of its rate of interest will increase Thursday, stepping again just like the U.S. Federal Reserve (Fed)

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Turkish central bank keeps inflation forecast unchanged for year-end
Business

Turkish central bank keeps inflation forecast unchanged for year-end

May 4, 2023May 4, 2023

Central Bank of the Republic of Türkiye (CBRT) Governor Şahap Kavcıoğlu on Thursday mentioned the financial institution stored the inflation forecasts unchanged at 22.3% for

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Complex economic environment clouds World Bank, IMF spring meetings
Economy

Complex economic environment clouds World Bank, IMF spring meetings

April 10, 2023

Spring World Bank and International Monetary Fund (IMF) conferences are set to get underway this week, with an bold reform and fundraising agenda prone to

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US nominates ex-Mastercard CEO Ajay Banga to lead World Bank
Business

US nominates ex-Mastercard CEO Ajay Banga to lead World Bank

February 24, 2023

Former Mastercard CEO Ajay Banga has been nominated by the U.S. to steer the World Bank, President Joe Biden introduced on Thursday, crediting him with

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