Bank

Since late October of last year, American bank (NYSE: PAC) The index was on a tear, surging 58% after the Federal Reserve signaled a pause in its rate hikes. The stock has rallied significantly as investors price in the pause and potential…

BUDAPEST (Reuters) - Hungary's central bank on Saturday asked local lenders to immediately start reimbursing customers for erroneous fees imposed by Apple Inc's (NASDAQ:) mobile payment service earlier this week that affected hundreds of…

Buy Gold Today Central banks have been actively and extensively buying gold over the past few years. In a report published this week, UBS highlighted the continued interest in gold by central banks, emphasizing its role as a hedge…

MOSCOW (Reuters) - U.S. sanctions imposed on Moscow this month have complicated foreign trade operations for Russian banks but they are gradually adapting to the new reality, the chief financial officer of Russia's second-largest lender…

The High Court has allowed former Cabinet Secretary Raphael Tuju to question an East African Development Bank official over his disputed loan with the regional lender. In a ruling in favour of Mr Tuju, Justice Alfred Mabia allowed an…

Nu Holdings, commonly known as Nubank, the largest fintech bank in Latin America, has partnered with Lightspark to integrate the Bitcoin Lightning Network and UMA (Universal Money Addresses) into its platform. The collaboration aims to…

Written by Jaspreet Kalra MUMBAI (Reuters) - Use of India's digital currency, the e-rupee, has fallen to a tenth of its December peak, four sources said, reflecting the difficulties many countries have faced trying to rally public support…

Kenya settled the balance of $560 million (Sh72 billion) of 2014 Eurobonds using part of the proceeds from a $1.2 billion World Bank loan, the Central Bank of Kenya said. The debt, which was due on June 14, was settled on Friday, along…

Strategists at Deutsche Bank suggest that the pair could be on the cusp of another pullback, following a previous successful prediction earlier in April when they predicted a pause in the market rally. Their predictions proved accurate as…

Highlights on the agenda today are central bank decisions involving the Swiss National Bank and the Bank of England. They will wrap up the central bank boom in June, but the decisions may end up being mostly uneventful. I'll get to…