Bank of England preparing emergency intervention after pound slumps to all-time low

Andrew Bailey Bank of England pound sterling dollar parity interest rates Budget – Hollie Adams/Bloomberg The Bank of England is understood to be preparing an intervention after the pound crashed…

Zenith Bank GMD: 10 percent growth reflects ‘quality and calibre’ of team

Transcript Nigeria’s Zenith Bank group reported growth of 10 percent in gross earnings and in profit before tax in 2021 – a remarkable achievement considering the ongoing economic impact of…

Zenith Bank can ‘grow the next champions’ by mentoring Nigeria’s SMEs

Transcript Nigeria’s economy remains hugely dependent on its oil and gas industry – but thanks to tailored and innovative support for SMEs from commercial banks like Zenith, the country is…

Zenith Bank commits ‘heart and soul’ to sustainable, responsible banking

Transcript Zenith Bank has long been at the forefront of corporate governance in not only Nigeria, but the whole of Africa. Its group managing director, Ebenezer Onyeagwu, explains how the…

Baiduri Bank commits to sustainable banking and ‘co-creating the future’

Transcript Along with its fresh rebrand and new environmentally sustainable headquarters, Baiduri Bank has released a new brand promise: ‘Co-creating your future.’ Baiduri CEO Ti Eng Hui explains what the…

How Baiduri Bank supports Brunei’s MSMEs: From tech training to matchmaking

Transcript Along with its fresh rebrand and new environmentally sustainable headquarters, Baiduri Bank has released a new brand promise: ‘Co-creating your future.’ And that doesn’t just mean for its retail…

Bank of America to help minorities buy first homes with new mortgages

Morsa Images | Digitalvision | Getty Images To help narrow a homeownership gap among Black and Hispanic-Latino communities, Bank of America is launching new zero down payment, zero closing cost…

Anshu Jain, Deutsche Bank Chief in a Pivotal Era, Dies at 59

(Bloomberg) — Anshu Jain, Cantor Fitzgerald’s president who was known for his time leading Deutsche Bank traders into the lender’s investment banking heights, died five years after being diagnosed with…

Schwab Repurchases $1 Billion of Shares Held by TD Bank Group

WESTLAKE, Texas–(BUSINESS WIRE)– The Charles Schwab Corporation (“Schwab” or the “Company”) announced today that it has purchased approximately 15 million shares of its nonvoting common stock directly from TD Bank…

Deutsche Bank beats expectations to post eighth straight quarter of profit

Deutsche Bank beat market expectations to post an eighth straight quarter of profit on Wednesday, recording a second-quarter net income of 1.046 billion euros ($1.06 billion). The German lender exceeded…