National Australia Bank to reduce interest rates
National Australia Bank (NAB) expects interest rates to reach 3.85 percent, after previously expecting it to be 4.1…
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BofA’s planning app gains $55bln since rocky launch
Bank of America Corp (BofA)’s personal financial planning app, Life Plan, has gained over $55 billion, and had 10…
IMF team visits Ethiopia to discuss funding programme
International Monetary Fund (IMF) officials are currently visiting Ethiopia for technical discussions to work on an…
Pepsi unveils new revamped logo
PepsiCo has unveiled on Wednesday its latest rebranded logo in 14 years, a revamped version of its 1990 logo, on…
Bank of England on high alert amidst current turmoil
Investors are hunting for points of weakness in banking with risks in the sector remaining high, as the Bank of…
US FDIC sets deadline for Signature Bank’s crypto accounts
The US Federal Deposit Insurance Corp (FDIC) has given Signature Bank’s crypto clients a deadline until April 5 to…
French law enforcement raid five banks in tax fraud case
French law enforcement raided five banks as a part of ongoing investigations into massive tax fraud and money…
Bank of Mexico may increase key rate by 25 bps
Mexican central bank, Banxico, is expected to raise its interest rate by 25 basis points on Thursday, as inflation…
First Citizens Bank buys SVB deposits, loans
First Citizens Bank to buy all deposits and loans of Silicon Valley Bank, following its collapse, the biggest in…
Remembering Ahmed Zaki’s iconic legacy
On 27 March 2005, iconic Egyptian actor, Ahmed Zaki passed away at the age of 55, leaving behind a timeless legacy…