A prime official of the worldwide banking physique just lately expressed optimism concerning the outlook of the Turkish financial system, saying they’re intently monitoring the
Tag: BANKING SECTOR
Turkish banking regulator grants approval for 3 new banks
Türkiye’s banking regulator, the Banking Regulation and Supervision Agency (BDDK), has granted operational licenses for 3 new banks, in response to a communique printed Saturday.
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
Russian court seizes assets of Deutsche Bank, Commerzbank, UniCredit
A courtroom in St. Petersburg has ordered belongings, accounts, property and shares of Deutsche Bank and Commerzbank to be seized in Russia as a part
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
Turkish banking sector posts net profit of nearly $4.8B in Q1
Türkiye’s banking sector posted a internet revenue of TL 153.5 billion ($4.75 billion) within the first three months of the yr, the nation’s banking watchdog
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
JPMorgan says its assets in Russia may be seized after lawsuits
U.S. monetary behemoth JPMorgan Chase mentioned in a submitting on Wednesday that its property in Russia could also be seized following the lawsuits in Russian
HSBC CEO Quinn to step down in surprise move after 5 years at helm
The CEO of British banking large HSBC, Noel Quinn, introduced on Tuesday that he plans to step down, marking the sudden departure of a hard-nosed
US drafts sanctions aimed at Chinese banks over Russia aid: Report
The United States is making ready sanctions aimed toward disconnecting sure Chinese banks from the worldwide monetary community, in a transfer officers say is meant