Commercial
Australian Banks to Refund $28M to Low-Income Customers
The Australian banks include Commonwealth Bank, Westpac, Bendigo and Adelaide Bank and ANZ. Four banks in...
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JPMorgan’s Drive for 15% of US Deposits and Credit Card Dominance
On Friday, JPMorgan is scheduled to release its profits. America’s biggest bank, JPMorgan Chase is aspiring...
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UniCredit Challenges ECB’s Order to Reduce Russia Risks
The largest exposure of any European institution to Russia, where it operates a top-15 bank, is...
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Federal Reserve’s Annual Stress Test Passed by Top 31 US Banks
The biggest banks in the country have passed the stress test in recent years, usually with...
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Massive Cyber Attack on World’s Largest Bank, ICBC, Sends Shockwaves Through Treasury Markets
The attack on ICBC's US unit caused heavy disruption in the broader treasury market as well...
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UK Banks Announce Closure of 36 More Branches
In a recent announcement, four major banks in the UK have declared plans to shutter an...
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Switzerland braces for the biggest wave of job losses since Credit Suisse collapse
The government of Switzerland is trying to ease public concern about the possible layoffs Switzerland’s financial...
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UBS Group AG Takes Over Erstwhile Rival Credit Suisse
UBS Group AG has completed the acquisition of its former competitor Credit Suisse Group AG Swiss...
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Qred Emerges as Europe’s Newest Bank
Swedish-based AI-powered fintech company Qred recently obtained its banking license in May. This status now gives...
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HSBC To Shift Focus From West To Asia Pacific
Although the market to be exited is comparatively small, it became the talk of the town...
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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.
