Banking

Positive Q2 growth helps GBP make gains on USD, but despite positive economic performance in both countries, central banks appear unsure over interest rate hike

GBP strengthens against USD as exports drive UK economy

Positive Q2 growth helps GBP make gains on USD, but despite positive economic performance in both countries, central banks appear unsure over interest rate hike

UK GDP increased by 0.7 percent in Q2 of this year, rising by 2.6 percent based on a year-on-year basis, according to data released by the Office of National Statistics (ONS). The news helped to boost the GBP/USD by 0.17 percent, with the exchange rate...

What does the Chinese central bank know that we don’t?

Chinese stock markets fell through the floor recently, but is strong business sentiment likely to fix the fault? World Finance spoke to Philip Uglow, MNI Indicators Chief Economist

World Finance speaks with economist to work out how much trouble the Chinese stock crash is likely to spread. Come back later for a full transcript of this video....

China has cut both its key lending rate and the reserve requirement ratio in a bid to restore balance to the market

People’s Bank of China cuts key rates

China has cut both its key lending rate and the reserve requirement ratio in a bid to restore balance to the market

The People’s Bank of China has cut its key lending rate in a bid to stem a gathering stock market collapse and, in doing so, arrest mounting fears concerning the country’s slowing growth. Less than 24 hours after “Black Monday” hit, so-called by l...

Positive Q2 growth helps GBP make gains on USD, but despite positive economic performance in both countries, central banks appear unsure over interest rate hike

GBP strengthens against USD as exports drive UK economy

Positive Q2 growth helps GBP make gains on USD, but despite positive economic performance in both countries, central banks appear unsure over interest rate hike

People’s Bank of China cuts key rates

China has cut both its key lending rate and the reserve requirement ratio in a bid to restore balance to the market

China not in crisis (yet), says IMF

The IMF maintains that recent challenges in China are a natural part of the country’s transition to safe and sustainable growth

In April, a trader was arrested due to his alleged role in the 2010 Wall Street crash, bringing to the fore the risks tied to high frequency trading

Flash and burn: high frequency traders menace financial markets

In April, a trader was arrested due to his alleged role in the 2010 Wall Street crash, bringing to the fore the risks tied to high frequency trading

British banks shrink when probed

Homegrown banks in the UK are undergoing dramatic restructuring, but a pending FCA investigation will help mitigate the decay of British investment banking

BTG Pactual on weathering Brazil’s economic storm

Despite Brazil’s recent slump in financial growth, the Latin American private banking sector has continued to thrive amid a number of challenging reforms

A handful of customers form new relationships with banks on a regular basis, so for growth in the banking industry to remain steady, existing customers must be a continual core focus

Saudi Hollandi Bank puts SMEs at the core of customer focus

A handful of customers form new relationships with banks on a regular basis, so for growth in the banking industry to remain steady, existing customers must be a continual core focus

Asia’s new millionaires make investments a family affair

A scepticism towards traditional banking, combined with a chronic talent shortage, has laid the groundwork for an Asian family office market to flourish

Zenith Bank: Nigeria’s economy ‘healthier than ever before’

The banking industry is fuelling Nigeria’s economic recovery, with firms such as Zenith Bank set to play a crucial role in the country’s future