German Watchdog: Banking sector solid, outlook still unclear
Germany’s financial firms remain resilient, but high uncertainty continues to cloud the outlook, according to BaFin…
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Egypt’s Investment Min. discusses digital payments collaboration with Visa
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, held a meeting with Robert Thomson, Global…
ABK-Egypt named MEED’s Best Retail Bank in Egypt
Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) has been named the Best Retail Bank in Egypt at the MENA Banking…
JPMorgan raises NII forecast to $91b
JPMorgan Chase revised its forecast for net interest income (NII) on Monday, which represents the earnings from…
Standard Chartered names Mohammed Gad as Egypt CEO
Standard Chartered said on Monday it had named Mohammed Gad as its chief executive officer for Egypt with immediate…
Egypt’s c.bank issues new digital banks licensing rules
The Central Bank of Egypt (CBE) has issued new rules for licensing and registering digital banks, with the banks…
Banque du Caire celebrates first graduates of Fast Track Programme
Banque du Caire, one of Egypt’s largest state banks, has celebrated on Friday the first graduates of its Fast Track…
JPMorgan Chase acquires First Republic Bank
JPMorgan Chase Bank has announced its acquisition over First Republic Bank from the Federal Deposit Insurance…
HSBC reports pre-tax profit of $5.2 billion in Q4 2022
London-based banking firm, HSBC reported on Tuesday its profit before tax reaching $5.2 billion during the last…
HSBC plans sale of French retail banking business
HSBC is planning to exit its French retail banking business under interim chief executive Noel Quinn, the Wall…