Fitch Ratings – Colombo: Fitch Ratings has maintained the Rating Watch Negative (RWN) on the ‘A(lka)’ National Long-Term Rating of People’s Bank (Sri Lanka) (PB).
Eurobank, Greece’s largest lender by market value, has announced a decline in its profit for the first nine months of the year. This decrease in
In a significant development within the British banking landscape, the Payment Systems Regulator (PSR) has released its first public survey assessing how individual banks handle
In a recent note published on Monday, JPMorgan’s strategists made a significant recommendation to “short” European banks and shifted their stance on the sector from
UniCredit, Italy’s prominent bank, has unveiled enhancements to its mobile banking service, Buddybank, aimed at facilitating the transition towards a cloud-based core banking infrastructure. Traditional
Switzerland’s banking sector is facing scrutiny for its approach to sustainable finance, with calls for stricter regulation to combat the issue of “greenwashing.” Greenwashing involves
In the evolving landscape of digital currencies, the European Central Bank (ECB) is taking a significant step towards launching a digital version of the euro,
The World Bank is exploring ways to expand its guarantees for commercial loans to bolster private financing options for developing countries. This initiative comes as
The Prudential Regulation Authority (PRA) in the UK is actively engaged with Metro Bank to devise a plan that will either strengthen its balance sheet
According to a high-ranking official at JPMorgan, India has the potential to become one of the top three fastest-growing markets for the bank in the
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