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Banks
UBS, Credit Suisse Swiss units merger expected by July 1
The merger of the Swiss units of UBS and Credit Suisse could be finalised as early as July 1, as reported by…
HSBC acquires China’s Citigroup’s consumer wealth portfolio
HSBC boosts its presence in mainland China by acquiring Citigroup's consumer wealth portfolio, adding over 300…
IMF praises Philippine economic resilience despite challenges
The International Monetary Fund (IMF) praised on Monday the Philippine economy’s resilience despite global…
Taiwan c. bank expected to hold steady on rates
Taiwan's central bank is widely expected to maintain its current interest rate this week.
Swiss central bank to elect new chief soon
The Swiss National Bank's (SNB) supervisory board is nearing a decision on its nominee to succeed Chairman Thomas…
Afreximbank supports Fidelity Bank’s expansion with $40m facility
Afreximbank has disbursed a $40 million Intra-African Investment Facility to Fidelity Bank Nigeria Plc.
Egypt’s CBE offers EGP 4b zero coupon t-bonds
Egypt’s central bank (CBE) on Monday offered a 539-day treasury zero-coupon bonds worth four billion Egyptian…
US equity investors cautiously optimistic – S&P Global
Risk sentiment among U.S. equity investors has pulled back from its 2½-year high in May, according to a measure of…
Egypt’s c. bank offers EGP 3b in fixed coupon t-bonds
The Central Bank of Egypt (CBE) on Monday offered fixed-rate treasury bonds with maturities of three and five…
China’s Bank of Communications ramps up green lending
The Bank of Communications, one of China's largest commercial banks, is increasing its financial support for the…