Bitcoin’s poor run: CoinEx to shut down, Bitcoin Suisse announces layoffs
Bitcoin has languished near two-year lows of around USD 60,000 for months,...
Category Banking and Finance
Mubadala takes stake in Chin’s Luckin Coffee in USD 1 billion deal
Abu Dhabi sovereign investor deepens China exposure as coffee chain expands rapidly...
Another high-profile exit in HSBC as CFO Pam Kaur to step down in 2027
Kaur, the British lender's first female finance chief in its over 160-year...
Fintech Chime to buy nationally chartered Stride Bank for USD 590 million
Chime's shares, which are up over 28% this year, jumped nearly 10%...
GBO
Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
Qatar banking sector assets hold steady as lending rises, says data
Lending to government institutions, which represent around 51% of public-sector loans, increased...
USD 54 billion into banks, insurers: China to execute massive capital-boosting push
China Life Insurance Group, the Asian giant's largest life insurer, will receive...
Barclays launches Singapore booking centre to serve globally connected clients
Barclays, which already has a strong presence in Singapore, plans to consolidate...
Setback for Swiss government as parliamentary panel approves UBS capital concessions
Lawmakers tried to balance protecting taxpayers against the Swiss bank's concerns that...
UBS capital rules: Swiss lawmakers set to send watered-down bill to parliament
Lawmakers are trying to balance the need to protect taxpayers with UBS'...
Tougher capital rules for UBS: Swiss National Bank backs the government
SNB said that the increased concentration in the banking sector following UBS's...