Latest News for: Worlds biggest banks

Edit

Gold prices up ₹3000 this month. Why rates are rising and should you buy now?

Live Mint 17 Apr 2021
TRENDING STORIESSee All ... 2 min read ... Providing further fillip to gold prices, Reuters, citing sources, reported that China, the world's biggest gold consumer, has given domestic and international banks permission to import large amounts of gold into the country ... Premium Premium S&P 500, Dow hit all-time highs after bumper earnings from big banks ... .
Edit

JPMorgan, Citi pledge trillions toward climate, sustainability

Straits Times 16 Apr 2021
The bank will also support developing countries as well as initiatives that advance economic inclusion ... Eliminating emissions has become a major talking point for bank executives this year as the finance industry attracted greater scrutiny for funding the world's biggest emitters.
Edit

Bitcoin tumbles 5% from record highs amid Turkey's crypto-payments ban starting April 30

Business Insider 16 Apr 2021
Bitcoin slipped as much as 5% from record highs on Friday after amid reports that Turkey's central bank will bar the use of cryptocurrencies as a method of payment starting April 30 ... Altcoins such as ether and XRP also slipped as they typically move in lockstep with the world's biggest cryptocurrency.
Edit

DBS to exit thermal coal lending by 2039

Straits Times 16 Apr 2021
SINGAPORE (THE BUSINESS TIMES) - DBS Bank will phase out thermal coal exposure by 2039, making it the first Singapore bank to cease financing in this area ... Both thresholds will be lowered with time, the bank said ... Japanese banks, which are among the world's biggest lenders to coal power developers, are also paring back exposure.
Edit

Citi's new CEO taps familiar strategy with retail banking exits

Straits Times 16 Apr 2021
Once the world's biggest bank, Citigroup has spent more than a decade cleaving businesses, and Ms�Fraser is now showing no sign of relenting as she carries out a multi-year remediation effort in the wake of regulatory rebukes ... The lender will continue to serve corporations and private banking clients in those markets tagged for sale.
Edit

Retail banking exits not new to Citi's new CEO Jane FraserLong known as one of ...

Deccan Herald 16 Apr 2021
Once the world’s biggest bank, Citigroup has spent more than a decade cleaving businesses, and Fraser is now showing no sign of relenting as she carries out a multi-year remediation effort in the wake of regulatory rebukes ... Long known as one of the most global banks, it will soon operate retail branches in just six countries, down from 50 in 2006.
Edit

Goldman Sachs CEO says digital currencies 'important' to future of financial systems as lender posts record profit

The National 15 Apr 2021
Goldman Sachs is reportedly working to offer its first investment vehicles for Bitcoin, the world’s biggest cryptocurrency, and other digital currencies to its private wealth management clients ... Last month, the world's biggest electric vehicle company Tesla started accepting Bitcoin as payment for its cars.
Edit

JPMorgan embarks on $2.5 trillion climate, sustainability effort

Finger Lakes Times 15 Apr 2021
banks to step up their environmental and social activities ... bank joins rival Bank of America Corp ... Eliminating emissions has become a major talking point for bank executives this year as the finance industry attracted greater scrutiny for funding the world’s biggest emitters.
Edit

Stress tests expanded to include all 4,024 banks

Shenzhen Daily 15 Apr 2021
China has some of the world’s biggest banks, including Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB) ... In a November 2020 report, the central bank indicated a third of 30 mid-sized and large banks in a sample would fail its stress test even under a mild impact stress scenario.
Edit

EU to get 50m Pfizer doses early as Denmark scraps AstraZeneca

The Jordan Times 15 Apr 2021
Denmark said on Wednesday it would stop using it altogether — a European first — despite assurances from the EMA and the World Health Organisation that side effects far outweigh possible risks ... In India more than 1,000 people tested positive for the virus after bathing in the River Ganges for the world’s biggest religious festival.
Edit

Higher oil prices and economic recovery support lower fiscal breakeven prices for Middle East producers

The National 15 Apr 2021
For Saudi Arabia, the biggest oil exporter in the world and the Middle East, the breakeven price is set to decline by 15.6 per cent from a year ago to $65.70 a barrel in 2022, according to the fund ... Libya, the second-biggest producer of crude in North Africa, is one of the lowest-cost producers in the region.
Edit

EU to get 50 million Pfizer doses early as US prolongs J&J pause

Urdu Point 15 Apr 2021
- River Ganges infections - In India, more than 1,000 people tested positive for the virus after bathing in the River Ganges for the world's biggest religious festival. A huge crowd of worshippers packed the river banks to take a dip as part of a bathing ritual, despite India's soaring virus cases.
Edit

EU to get 50 million Pfizer doses as US halts J&J

MENA FN 15 Apr 2021
River Ganges infections In India, more than 1,000 people tested positive for the virus after bathing in the River Ganges for the world's biggest religious festival. A huge crowd of worshippers packed the river banks to take a dip as part of a bathing ritual, despite India's soaring virus cases.
photo: WN / aruna1
bharat petrolium - oil - petrol - india - am1
Edit

India’s oil demand recovery threatened by new restrictions

Russia Today 15 Apr 2021
As the summer months draw nearer, usually meaning a rise in oil demand for India, increased pandemic restrictions threaten this trend in the world’s third-largest oil importer ... Also on rt.com Covid-19 to delay India’s rise to world’s third-biggest economy – Bank of America ... This article was originally published on Oilprice.com .
Edit

Russia's Sberbank to expand its logistics business

The Times of India 14 Apr 2021
Russia's biggest bank Sberbank plans to expand its logistic business across the world's largest country as it seeks to capitalise on a booming e-commerce market, Chief Financial Officer Alexandra Buriko told Reuters ... Delivery is one of the top challenges in Russia, which accounts for about 17% of the world's land mass.
×