OPEC+ announces surprise million-barrel cut from May as a ‘precautionary measure’
The OPEC+ oil producers have called the decision a ‘precautionary measure’ directed at supporting the stability ...
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Swiss Central Bank raises the key interest rate by 1.5%, announces an end to the banking crisis
The Swiss Central Bank stated that an additional rate hike will be necessary to guarantee price ...
Recent Bank Collapses- A Symptom of a Deeper Global Transformation
The recent collapses of Silicon Valley Bank, Silvergate Bank and Signature Bank in America, and Credit ...
First Republic Shares Plummet Amid Liquidity Fears
First Republic Bank, headquartered in San Francisco, the torch bearer of the regional banking crisis in ...
Saudi Real Estate Refinance Company (SRC) mulls its largest refining deal worth $1.3bn with Alrajhi
The deal with the SRC and Alrajhi would be the largest of its kind to be ...
$17 Billion Debt Deemed Worthless by Credit Suisse, Leaves Bondholders Indignant
The move is being highly criticized by many, as it seems to have hit a nerve ...
The New Revolution in Insurance Fraud Mitigation
Digitization and artificial intelligence are driving a renaissance in the detection and mitigation of insurance fraud. ...
Citigroup reduces Paco Ybarra’s Compensation After Messaging Controversy
Citigroup Inc has withheld part of the compensation intended for Paco Ybarra, the head of the ...
HSBC Acquires Silicon Valley Bank’s UK Unit For £1 Amidst Financial Turmoil
HSBC Holdings Plc has announced its acquisition of Silicon Valley Bank UK Limited, the UK arm ...
Lloyds Struggles With Mortgage Loans As Profit Growth Slows Down
Lloyds had discharged assistance of 1.4 billion pounds after the covid aftermath. This year it has ...
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.
