Commercial
Nubank Applies for a US National Bank Charter to Expand Beyond Latin America
Despite its ambition to expand globally, Nubank's Chief Executive, David Velez, has stated that the company...
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Saudi Arabia Introduces Google Pay as it Aims to Lead Fintech as Part of its Vision 2030 Goals
SAMA has been undertaking initiatives to improve the digital payments industry in Saudi Arabia, supporting the...
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Bank of America Expects Double-Digit Growth in Investment Banking Fees
According to Bank of America CFO Borthwick, the net interest income, which is the difference between...
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Citigroup Delegates $80 Billion of Assets to BlackRock as it Shifts From Wealth Unit
Andy Sieg, the head of Citigroup’s wealth division, stated that they are not in a position...
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Mediobanca Hastens Banca Generali Acquisition Amid MPS Hostile Takeover
To stave off the MPS acquisition, Mediobanca CEO Alberto Nagel put forth the takeover of Banca...
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Japan’s Banks Mark Record Profits Despite Economy Shrinking 0.7%
These banks have profited from increased corporate activity as deflation has reduced in Japan. This year,...
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Visa Gets Sued For Illegally Dominating The Debit Card Market
Visa's extensive financial system handled over $3.3 trillion worth of transactions in its most recent quarter....
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Citigroup’s China Expansion Faces Roadblocks Due To US Regulators
Citigroup had initially planned to launch its investment banking division by mid-2023, but it later moved...
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Financial Firms Face Pressure as New UK Fraud Regulations Loom
There has been a strong response in the UK against the PSR plan Hundreds of financial...
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Barclays Leads the Way by Eliminating Bonus Cap in the UK
Barclays’ action is similar to JPMorgan’s, which also stated in June that it would do away...
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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
