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
Tag: BANKING SECTOR
Istanbul’s cutting-edge financial center sees soaring leasing interest
The Istanbul Finance Center (IFC) is changing into a brand new attraction for each native and international traders garnering curiosity spanning from the Far East
Türkiye’s economy eyes growth amid shifting policies, challenges
Türkiye’s finance minister on Thursday hailed the steps of the nation’s new financial group following its appointment after the parliamentary and presidential elections in May,
Swiss lender UBS agrees to pay $1.4B for US fraud charges
Switzerland-based lender UBS agreed to $1.435 billion to settle fraud costs relating to the sale of residential mortgage-backed securities (RMBS), the U.S. Justice Department mentioned
Türkiye positioned as Islamic banking, investment hub: Senior executive
Türkiye has persistently proven a dedication to rising its Islamic finance business and positioned itself as a middle for participation banking and investments, in response
Italy deals surprise blow as it shocks banks with 40% windfall tax
Banks got here beneath deep stress Tuesday after Italy’s right-wing cupboard authorised a 40% windfall tax on earnings lenders reap from increased rates of interest
Banks shocked as Italy surprises lenders with 40% windfall tax
Banks got here below deep stress Tuesday after Italy’s right-wing cupboard accepted a 40% windfall tax on earnings lenders reap from increased rates of interest
Turkish watchdog unveils curb on credit card use for foreign travel
Türkiye’s banking watchdog has introduced further measures to assist the nation’s tightening drive, together with stopping permitting bank card funds by installment for overseas journey,
Meltdown and scandals: Lebanon’s veteran central bank chief departs
Lebanese central financial institution governor Riad Salameh, as soon as feted as a monetary wizard, leaves the put up he has held for 30 years
UBS to complete Credit Suisse takeover by June 12
Switzerland’s UBS expects to take over its longtime rival Credit Suisse as early as subsequent week, finalizing a merger that may create a large financial