Russian oil firms are encountering important delays in receiving funds for his or her crude oil and gasoline shipments as a result of heightened scrutiny
Tag: BANKING SECTOR
JPMorgan slapped with $350M fine over inadequate trade reporting
A pair of U.S. financial institution regulators have fined JPMorgan Chase & Co. $348.2 million over its insufficient program to watch agency and consumer buying
Türkiye’s CBRT targets lira reserve requirements in latest step
Turkish banks have been instructed to place a portion of their lira required reserves into blocked accounts, in response to a doc the nation’s central
Capital One to acquire Discover Financial in $35.3B deal
Warren Buffett-backed U.S. client financial institution Capital One, listed among the many largest banks within the United States, plans to accumulate U.S. bank card issuer
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
Turkish banks’ head expects credit card restrictions after 160% growth
The head of Türkiye’s Banks Association on Tuesday expressed expectations for extra restrictive measures on explosive bank cards, which grew thrice the overall loans in
US Supreme Court dismisses Owens case against Türkiye’s Halkbank
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,
Turkish bank denies role in high-profile football stars scam case
One of Türkiye’s main personal banks refuted allegations Tuesday that it performed a job in an alleged rip-off concentrating on quite a few soccer stars,
Türkiye’s Ziraat inks $1.9B loan deal with Deutsche Bank
Ziraat Bank stated it signed a 1.75 billion euro ($1.9 billion) mortgage take care of Deutsche Bank for as much as 5 years Friday, reflecting