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Deutsche Bank to speed up branch closures to save costs
Deutsche Bank is continuing to close its branches, Bloomberg News reported Friday. The financial institution has slashed about 400 German branches over the pas...
Lebanon: Banks collapse as protests turn violent
In northern Lebanon, the street protests are intensifying while the public and private property had been attacked and banks set on fire. As the protests turned...
European Investment Bank ends fossil fuels funding
European Investment Bank (EIB) adopted a new climatic strategy, in which there is no place for fossil fuels projects, Axios reported. Since Friday, EIB has bec...
Zimbabwe: Central Bank ready to release cash after a decade
After a decade-long absence, Zimbabwe’s central bank announced its long-awaiting move, release cash, Bloomberg reported citing the government gazette on Saturd...
Christine Lagarde takes charge of the European Central Bank
Christine Lagarde becomes the first woman who heads the Central European Bank (ECB). As monetary body announced on Friday, she took charge of the presidency, s...
Mexican central bank in talks with Amazon about new mobile payments
Mexico's central bank and Amazon.com Inc have launched a joint project aimed at improving mobile payments. A new government-backed mobile payment system will us...
London bankers arrested over ‘$2bn fraud scheme’
Three former Credit Suisse bankers have been arrested over the fraud scheme. Andrew Pearse, Surjan Singh, and Detelina Subeva were connected to firms in Mozambi...