January 19, 2021

Bank of America Reports Fourth-Quarter 2020 Financial Results

Bank of America reported its fourth-quarter 2020 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways: Bank......

January 14, 2021

Citi Unifies Global Wealth Management Business

Citi announced today that it has created a single wealth management organization, Citi Global Wealth, unifying wealth management teams in Global Consumer Banking (GCB) and the Institutional......

January 14, 2021

Christine Lagarde: ECB to boost stimulus again if eurozone lockdowns are extended

European Central Bank president Christine Lagarde said the bank would adjust its monetary stimulus programme if lockdown measures extend beyond the end of the first quarter. The ECB......

January 12, 2021

HSBC to face shareholder heat on fossil fuels in AGM vote

LONDON: Major HSBC shareholders are calling on Europe’s biggest bank to toughen its commitment to cut lending linked to fossil fuels and to turn its climate “ambitions”......

January 6, 2021

i2c to Power TAG - Pakistan's First Digital-Native Financial Super App

i2c Inc., a leading provider of digital payment and banking technology, announced that it has been selected to power Pakistan’s TAG, the nation’s first digital-native......

January 6, 2021

World Bank warns global recovery could erode if virus worsens

The World Bank on Tuesday downgraded its outlook for the global economy, and warned the situation could deteriorate if Covid-19 infections accelerate or the vaccine rollout is delayed.......

January 5, 2021

Dollar gets respite as virus surge, Georgia runoffs curb risk sentiment

TOKYO (Reuters) - The dollar found support as concerns about surging COVID-19 cases and uncertainty about U.S. runoff elections in Georgia fueled demand for safer assets. The greenback......

January 5, 2021

Indian rupee to trade weaker in 2021: Fitch

Fitch Solutions expects the Indian rupee (INR) to trade slightly weaker over the near term from current levels, revising its previous forecasts. “We expect the rupee to only......

January 5, 2021

JPMorgan Chase, Amazon and Berkshire Hathaway to disband health venture

Haven, a joint venture of Amazon, Berkshire Hathaway and JPMorgan Chase formed three years ago to make US health care more affordable, announced on Monday it will disband. The venture......

December 31, 2020

Indian banks approved to transfer assets via 'participation agreements'

(WAM) – India’s Ministry of Finance today notified that banking units are free to transfer assets to or from other financial institutions, persons resident in India and......