Browsing: bank

UBS expects to complete its takeover of Credit Suisse “as early as June 12”, which will create a giant Swiss…

Argentina is one step away from joining the New Development Bank (NDB) of the BRICS group of major emerging economies,…

Major US lender Citigroup has made a deal to transfer the credit card portfolio of its Russian unit (Citibank) to…

Thirty Russian banks have been linked to the Chinese payment system CIPS, which is a system equivalent to the banking…

The NDB was established in 2014 to provide funding for infrastructure and sustainable development projects. Russian Finance Minister Anton Siluanov…

A report by the Financial Times says that Saudi Arabia is pushing to become the ninth member of the New…

The Financial Times reported that Saudi Arabia is in talks to join the new “Development Bank” of the “BRICS” group…

European banks are looking stronger and more attractive than their U.S. counterparts on many metrics, according to officials and analysts…

The U.S. Federal Reserve may be forced to defy market expectations by raising interest rates aggressively again later this year if sticky…

Russia’s second-largest bank opened a representative office in Iran to facilitate inter-bank communications between the neighboring countries. Moscow and Iran…