Fintech startup Currencycloud raises $80 mn led by Visa
Currencycloud, a financial technology startup based in the United Kingdom, markets payment...
Banking
Negotiations for acquiring Bank-Audi Egypt are on, says First Abu Dhabi Bank
First Abu Dhabi Bank said that the discussions are in accordance with...
ADIB funds $80 million Sharia-adhering facility to Oman Shipping Company
OSC will invest the funds from this Ijara facility in purchasing very...
Maybank, Public Bank and RHB slash lending and deposit rates
Bank Negara Malaysia declared that the OPR would be lowered from 3...
Singapore’s Tonik gets nod to open digital bank in Philippines
With a $140 billion retail deposit market, digital banks in Philippines have...
Barclays to slash 100 senior jobs in corporate and investment business
Barclays decision to slash jobs and save costs will mainly affect its...
KfW Bank to back 10,000 African SMEs with $33 mn credit facility
The German bank will support the African Guarantee Fund aimed at improving...
Hong Kong’s first virtual bank ZA Bank offers 6% interest rate
Standard Chartered, HSBC and BOC Hong Kong currently offer between 1.9% and...
Ex-CEO of HSBC Greater China to lead OCBC’s wholesale banking unit
Helen Wong, with 35 years of experience, to head OCBC’s banking unit...
Don’t close American expats’ accounts, France tells its banks
France asks banks to avoid closing of 40,000 US citizens’ accounts due...