Bank

On a chilly morning in early 1993, three bankers sat in the Central Bank of Kenya (CBK) governor’s office, making a last-ditch plea to stave off the closure of Equity Building Society (EBS), which had limped into its ninth year of…

Greetings forex friends! It looks like the European Central Bank held interest rates as-is on April 11th, 2024:Marginal Lending Rate: 4.75% Deposit Facility Rate: 4.0% Main Refinancing Rate: 4.5% Link to ECB’s April 2024 Policy…

TD Bank subsidiary TD Direct Investing recently uploaded a video on its YouTube channel explaining in detail the upcoming Bitcoin halving event, expected around April 19 or 20. The commercial serves to educate viewers on the significance of…

Economists at Bank of America have revised their projection for a Federal Open Market Committee (FOMC) rate cut, citing the, you guessed it, hotter-than-expected CPI data for March. BoA were calling a June FOMC rate cut.In shifting their…

The World Bank Group has warned Kenya of the persistence of a high risk of debt distress following its recent costly partial Eurobond settlement. Kenya paid dearly to water down the sovereign default risk attached to the maturity of its…

Mastercard and Equity Bank have publicized a strategic collaboration facilitating the safe and secure transfer of funds from Equity Bank customers to 30 countries. This announcement is a notable stride in cross-border financial transactions…

On Thursday, Deutsche Bank initiated coverage of Lam Research Corporation (NASDAQ:) with a Hold rating and a price target of $1,000. The firm highlighted Lam Research's reputation as a leading semiconductor capital equipment company, noting…

Nvidia CEO Jensen Huang.Mohd Rasfan/AFP/Getty ImagesNvidia stock has slid since late March, correcting by over 10% from all-time highs.BofA analysts say there's nothing to worry about, and the company will still dominate in the AI chip…

Asian Development Bank (ADB). China remains a weight on the regional growth outlook as a protracted property crisis and other challenges keep the world's No.2 economy from mounting a strong economic revivalforecast China would grow 4.8% in…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…