Browsing Category
Banks
World Bank’s IFC sees $1.9b investments in Ukraine projects
The International Finance Corporation (IFC), the World Bank's private investment arm, plans to fund $1.9 billion…
ECB governors voice concern over interest rate forecast publication
Governors of the European Central Bank (ECB) have expressed concerns over the idea of publishing their interest…
Asia expects 4.9% growth despite China’s slowdown – ADB
The Asian Development Bank (ADB) projects a promising 4.9 per cent growth rate for the region's economy in both…
UBS to begin layoffs in June post Credit Suisse buyout
Swiss banking behemoth UBS will initiate five-stage layoffs starting in June as part of its cost-cutting programme…
Egypt c. bank issues EGP 55b T-bills
The Central Bank of Egypt (CBE) on Sunday offered a total of 55 billion Egyptian pounds in two treasury bills…
S. Africa’s expected to cut rates – poll
South Africa's central bank is now expected to enact a mere 50 basis points of interest rate cuts this year, a…
Egypt’s reserve money ‘M Zero’ hits EGP 1.683t by March-end
Egypt’s reserve money (M Zero) reached 1.683 trillion Egyptian pounds at the end of March 2024, down from 1.689…
UBS Group gears up for fresh wave of job reductions
UBS Group is reportedly gearing up for another wave of workforce reductions following its acquisition of Credit…
Egypt offers EGP 50b in T-bills
The Central Bank of Egypt (CBE) on Thursday offered a total of 50 billion Egyptian pounds in two treasury bills…
Morgan Stanley enters bond market post Q1 revenues announcement
Morgan Stanley is entering the bond market just after announcing first-quarter revenue that surpassed expectations,…