Banks ramp-up tech recruitment following pandemic — retail banking ‘may disappear’
The advance of digital currency is one thing, but the swiftness by banks to incorporate tech roles is another
ANALYSTS predict online banking penetration in...
Latest UK government scheme adds ‘bounce’ for businesses
CHRISTINA NAWROCKI explains the most recent UK initiative to support small businesses left floundering by the pandemic
UK CHANCELLOR of the Exchequer Rishi Sunak recently...
China ‘set to launch’ trial of e-RMB digital currency
CHINA’S central bank has stepped up development of a digital currency likely to become the first to be operated by a major economy.
The sovereign...
Fresh EU coronavirus recovery package has detractors up north
EU HEADS have agreed to set up a €540bn post-pandemic recovery fund, tied to the EU’s seven-year budget.
European Council president Charles Michel, who chaired...
ECB launches new aid package to soothe effects of pandemic
By HAL WILLIAMS
THE EUROPEAN Central Bank has launched a €750bn emergency package to buy government and company debt across the eurozone.
The temporary purchasing scheme...
Yes Bank founder Kapoor arrested on charges of money laundering
THE head and founder of India's private Yes Bank, Rana Kapoor, has been arrested in Mumbai on charges of money laundering.
His arrest comes just...
Jingle of coins and rustle of banknotes: noises of the past?
By Hal Williams
IT’S A CONFUSING time for cash in Britain — maybe even crunch time in the run-up to the Budget.
The roll-out of limited...
Dedicated proponent of sustainability using ‘tool’ of infrastructure finance
KOMMUNALKREDIT Austria AG is headquartered in the heart of Vienna, and serves German and international markets from its branch office in Frankfurt.
As a specialised...
Credit Suisse chief steps down over bank’s corporate espionage scandal
CREDIT Suisse CEO Tidjane Thiam has resigned after a boardroom battle over a corporate spying incident.
Shares in Credit Suisse dropped four percent at news...
IMF warns of debt ‘timebomb’ thanks to ‘cheap money’ borrowing policies
THE International Monetary Fund warns that low interest rates are encouraging companies to take on a level of debt that could become a “timebomb”.
The...
