Spanish billionaire and Zara founder Amancio Ortega agreed to buy Royal Bank Plaza. It houses their headquarters of Royal Bank of Canada, the country’s biggest bank, in Toronto for around
The Bank of England will publish a book aimed at improving the British public’s understanding of economics later this year. Its title will be “Can’t
Italy’s Banca Popolare di Sondrio’s CEO said that it is open to exploring all options for its future. This is after shareholders approved long-delayed governance
German financial regulator BaFin has fined Deutsche Bank nearly $10 million for controls which is related to the Euribor interest rate. This is in a setback for
Alpha Bank is one of Greece’s four biggest lenders. It entered into a binding agreement with Hoist Finance AB to sell non-performing loans with a book
Japan’s Mizuho Bank is going to acquire a 7.5 percent stake in the M-Service company. This is to leverage the Vietnamese company’s retail business. The
The European Central Bank is all but certain to dial back its stimulus one more notch. This is while pledging to keep supporting the financial system, by
British digital bank Monzo has completed a fresh funding round valuing the company at $4.5 billion. This is in a vote of confidence from investors in the
According to research by Cornerstone Advisers, many banks still have a long way to go, for reaching their digital transformation ambitions. A recent study found that just
Credit Suisse Chairman Antonio Horta-Osorio said that the talking down of speeding inflation as a temporary phenomenon by many central banks poses risks of a more
Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.
