Virgin Money to be Bought by Nationwide for £2.9bn
Nationwide, with a workforce of about 18,000 employees, stated that it did not plan any significant changes to Virgin Money’s workforce of 7,300 employees in the near term. In what…
Nationwide, with a workforce of about 18,000 employees, stated that it did not plan any significant changes to Virgin Money’s workforce of 7,300 employees in the near term. In what…
For SCB X, the acquisition of Home Credit’s business in Vietnam represents a strategic milestone in its journey to become a leading regional financial technology group. SCB X aims to…
Currently, Capital One ranks as the third-largest issuer of Mastercard and Visa cards in the US, accounting for approximately 10% of credit card spending. Capital One Financial Corp. CEO Richard…
The president of the European Investment Bank (EIB), Nadia Calviño acknowledged the room for improvement and the countries’ request for the bank to do more in these areas. Brussels Urges…
The share price of One97 Communications, the parent company of Indian digital payments giant Paytm, has experienced a sharp decline, hitting the new lower circuit breaker on the Bombay Stock…
By trimming 20,000 jobs, Citigroup aims to reduce its annual expenses to a range of $51 billion to $53 billion over the next several years. Citigroup, one of the world’s…
The announcement was formalized by Beijing’s First Intermediate People’s Court, which accepted the case following Zhongzhi’s acknowledgement that it lacked the capacity to settle its outstanding debts. The Chinese government’s…
Banks are on the cusp of a technological revolution propelled by the implementation of GenAI. This transformative force is not merely a matter of ‘if’, but a resounding ‘when’ and…
Turkey is set to raise its benchmark interest rate for the fifth consecutive time on Thursday as the country grapples with rising inflation, which is anticipated to approach 70% by…
The Monetary Authority of Singapore’s decision to conduct an on-site inspection of Credit Suisse underscores the seriousness of the money laundering scandal and the regulatory imperative to ensure that banks…