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Central Bank of Egypt Raises Daily Cash Withdrawal Limits
The Central Bank of Egypt (CBE) announced an increase in daily cash withdrawal limits, the country’s...
Nationwide agrees £2.9bn deal to take over Virgin Money
Richard Branson has already indicated he will back takeover that will require the agreement of the...
Empower Digital Transformation in Banking with UX Design
In a world where the digital revolution is reshaping every corner of our lives, the banking...
Super Micro, Deckers to join S&P 500, replacing Whirlpool, Zions Bancorp
Data-server provider Super Micro Computer Inc. and footwear maker Deckers Outdoor Corp. will join the S&P...
New York Community Bancorp ‘is on its own’ to work out accounting mess, analyst says
New York Community Bancorp is unlikely to find buyers given the uncertainty around its financials.
Real-estate lender NYCB is in turmoil, shredding nerves on Wall Street
New York Community Bankcorp said it had "identified material weaknesses in the company's internal controls related...
‘I want to do what is right’: My father died without a will. His wife moved out of state — and left me paying the mortgage.
“She can’t afford the monthly payments. I am second in succession as his only child.”
Why Jamie Dimon’s sale of $150 million in JPMorgan’s stock could be reason for caution
JPMorgan Chase & Co. CEO Jamie Dimon dumped $150 million in the company’s stock Thursday in...
Smart Move(?)
Capital One announced this week that it intends to buy Discover in an all-stock deal valued...
HSBC nearly doubles CEO’s pay despite fall in fourth-quarter profits
Bank increases staff bonus pool by 12% despite hit from exposure to China real estate slumpNice...
Barclays to cut costs by £2bn, raising fears of further job losses
Bank announces drop in profits to £6.6bn as it says it plans to return more to...
Egypt’s Instapay Breaks New Ground with Interactive 3D Advertising
Instapay, Egypt’s leading digital payments innovator, is poised to change the face of advertising with the...
NatWest reports biggest annual profit since 2007 financial crisis
Pre-tax figure of £6.2bn comes as bank confirms Paul Thwaite will take over permanently as CEOBusiness...
Regional-bank stocks are back under pressure as investors get ‘a dose of reality’ about obstacles to cutting rates
Shares of regional banks are hit hard on Tuesday after an inflation reading came in surprisingly...
Stock-market tumble shows investors now face ‘Fed’s reality’ in inflation fight
The Dow, S&P 500 and Nasdaq all saw their biggest CPI-day fall since September 2022.
Visa and Egypt Agree to Establish Remittances Transfer Service
Visa inked a memorandum of understanding (MoU) with the Egyptian Banks Company (EBC), the technology arm...
Tesco to sell bulk of banking business to Barclays for £700m
About 2,800 of supermarket group’s staff will transfer to bank, which will sell Tesco-branded servicesTesco has...
Bank agrees payout over mortgages that ‘ruined lives’
Out-of-court settlement reached with law firm acting for customers who have been left owing big sumsOne...
Banks’ office-loan exposure remains a ‘mixed bag’ as lenders manage through downturn
Banks continue to navigate a bumpy landscape in loans tied to a drop in office-space value...
How can Egyptian Financial Institutions Mitigate Fraud Risks?
Fraud prevention in Egypt’s banking and financial sector is a critical concern in an era...
Labour has no intention of reinstating cap on bankers’ bonuses, says Reeves
Shadow chancellor says party aims to be champion of a thriving financial sector if it wins...
Savings passbooks popular as Britain turns to cash amid cost of living crisis
While some banks and building societies scrap system, others report increase in usage by customersWhile some...
