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.
Tag: BANKS
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
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
Europe’s private credit ties to banks deepen as default risk rises
Europe’s personal credit score funds are more and more borrowing from banks to spice up their efficiency, fueling issues concerning the wider dangers posed by
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
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
Türkiye’s Ziraat Bank secures $500M loan from China Eximbank
Turkish state-owned lender Ziraat Bank introduced Monday it acquired a $500 million (TL 14.9 billion) mortgage from the Export-Import Bank of China (China Eximbank). According
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