Bank

The UK economy is unlikely to see any growth in the wake of the Chancellor's Budget, as businesses respond to record tax measures by raising prices and cutting employment levels, the Bank of England has warned. Policymakers now…

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The Bank of England has warned that escalating trade wars, geopolitical instability and rising global debt levels are amplifying risks to the UK's financial system. Officials cited the country's vulnerability due to its "open…

Jerusalem Bank (TASE: JBNK) joins the race to acquire credit card company Isracard (TASE: ISCD). The details of the offer submitted by the bank are not yet clear, but it said in a statement that “the bank’s board of…

The Board of Directors of Bank Leumi (TASE: LUMI) has chosen Uri Allon as Chairman of the Bank. He will replace Dr. Shmuel Ben-Zvi, who held this position for the past year. The candidates for president were Alon,…

In an attempt to stave off severe inflation, the Russian Central Bank has suspended all foreign currency purchases for the remainder of the year, while actively selling the Chinese yuan, in the hope of supporting the ruble. The ruble -…

In an attempt to stave off severe inflation, the Russian Central Bank has suspended all foreign currency purchases for the remainder of the year, while actively selling the Chinese yuan, in the hope of supporting the ruble. The ruble -…

Bank Hapoalim (TASE: POLI) has completed the institutional phase of the offering of two series of contingent convertible notes (CoCo). One of the bonds matures in 25 years, the longest term yet for debt issued by the…

Morocco is preparing to lift its long-standing ban on Bitcoin and cryptocurrencies, signaling a major shift in the country's financial policy. according to ReutersAbdellatif Jouahri, Governor of the Bank of Morocco (BAM), announced…

Hong Kong's largest digital bank, ZA Bank, has Announce Launch of retail cryptocurrency trading service. According to the press release, the service allows users to trade cryptocurrencies directly through the ZA Bank app,…