bank

Bank of England bonds rescue has two ugly implications: more inflation and an even weaker pound

With UK government bonds and sterling both falling hard in recent days, the Bank of England has been forced to…

2 months ago

Bank of America Consumer Clients Make $294 Billion in Payments in February, up 16% Year-Over-Year

The FINANCIAL -- Bank of America announced their approximately 67 million clients made $294 billion in total payments during February,…

9 months ago

How has net financing for UK businesses changed during the pandemic?

The FINANCIAL -- UK businesses have weathered the pandemic by raising finance from banks, financial markets and government schemes. Now,…

1 year ago

Just one in 10 UK small businesses worried about debt – but concerns linger over future growth

The FINANCIAL -- Vast majority of UK business content with current levels of debt. Profit squeeze seen as biggest barrier…

1 year ago

Deutsche Bank extends its partnership with Frieze

The FINANCIAL -- Deutsche Bank has announced the long term extension of its partnership with Frieze, in support of artistic…

1 year ago

Bank of America Increases US Minimum Hourly Wage to $21 as Next Step to $25 by 2025

The FINANCIAL -- Bank of America announced it has raised its U.S. minimum hourly wage to $21 as a next step…

1 year ago

Bank of America Exceeds Five-Year Goal to Hire 10,000 Individuals From Low- and Moderate-Income Communities

The FINANCIAL -- Bank of America announced it has exceeded its five-year goal two years ahead of schedule to hire 10,000…

1 year ago

BSTDB Expands Support for Russian SMEs Amid Pandemic

The FINANCIAL -- The Black Sea Trade and Development Bank (BSTDB) is providing a RUR 2 billion loan facility to Locko…

2 years ago

Isold Heemstra named as country manager for ING France

The FINANCIAL -- Isold joined ING in 2002 and has vast international experience in management, sales and change projects. He…

2 years ago

Morgan Stanley announced $1.3 mln grant to Columbia University Department of Psychiatry

The FINANCIAL -- Morgan Stanley announced a grant of $1.3 million to the Columbia University Department of Psychiatry at the…

2 years ago

Deutsche Bank expands Asia Pacific ESG team

The FINANCIAL -- Deutsche Bank has appointed Kalpana Seethepalli to its Asia Pacific ESG team. This hire follows the appointment…

2 years ago

Credit Suisse digital bank offering available from today

The FINANCIAL -- The Credit Suisse digital bank offering announced in mid-September ‒ CSX and CSX Young ‒ is available…

2 years ago

Morgan Stanley issued $1 bln social bond to support affordable housing

The FINANCIAL -- Morgan Stanley (NYSE: MS) announced the issuance of a $1 billion social bond to support affordable housing…

2 years ago

Credit Suisse and AXA launch integrated bancassurance services

The FINANCAIL -- Credit Suisse is launching integrated bancassurance solutions for clients in collaboration with AXA. These solutions will be incorporated…

2 years ago

Societe Generale to become bank of tomorrow

The FINANCIAL -- Societe Generale digital transformation acceleration, initiated several years ago, is based on two key levers, technology and…

2 years ago