Turkish monetary expertise (fintech) corporations have made a sturdy entry into 2024, with new funding bulletins being made virtually each month, serving as a morale
Tag: banking
Arab banking union touts Türkiye’s appeal for investors, brands
Türkiye is among the many most efficient nations, performs a big function within the world provide chain, and has at all times been engaging for
Yellen warns of ‘crisis’ if Israel cuts Palestinian banks
U.S. Treasury Secretary Janet Yellen on Thursday voiced concern over a menace from Israel to chop off Palestinian banks from their Israeli correspondent lenders, warning
UK regulators slap Citi with $79M fine over trading, control failures
U.S. financial institution Citigroup has been fined greater than 61.6 million kilos ($78.5 million) for failures in its buying and selling programs and controls within
UBS swings back to profit for first time since Credit Suisse takeover
Swiss banking behemoth UBS on Tuesday reported a 71% enhance in first-quarter web revenue, reaching almost $1.8 billion, far surpassing expectations, after experiencing two consecutive
As banks pull plug on Russia payments, China firms go ‘underground’
In southern China, an equipment producer is dealing with hurdles in delivery its merchandise to Russia, not due to any issues with the devices however
Jacob Rothschild, head of Rothschild empire, dies aged 87
Jacob Rothschild, the British financier and a senior member of one among Europe’s best-known banking dynasties, died on the age of 87, his household introduced
UBS plans $1B in share buybacks as Credit Suisse takeover on track
Swiss banking large UBS on Tuesday reported a smaller-than-expected quarterly loss stemming from the prices of absorbing fallen rival Credit Suisse and stated it deliberate
Russia seeks solutions to Turkish banks tightening rules
Russia on Thursday mentioned it was conscious of Turkish banks tightening guidelines on Russian shoppers, and is working with Türkiye to search out mutually acceptable
Top Turkish lender’s demerger to free up subsidiaries for future IPOs
Türkiye’s largest non-public lender’s choice to endure a demerger that frees up its subsidiaries will pave the way in which for his or her potential