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Keywords: Banking
British fintech Revolut has secured a banking licence in France, marking a major step in its efforts to strengthen its presence in one of Europe's largest retail banking markets. The company announced the approval on Monday, describing the licence as an important milestone that reinforces its position......
Morgan Stanley is expanding its investment banking capabilities in the industrial sector by recruiting veteran banker Adam Kweskin from Bank of America, reinforcing its advisory platform in a market where infrastructure and industrial investment remain strategic priorities. The appointment reflects......
State Bank of India (SBI) reported stronger-than-expected quarterly earnings, driven by sustained loan growth that reinforced investor confidence and lifted the bank's shares in early trading. The results underline the resilience of India's banking sector as credit demand continues to support......
Global commodity trader Radiant World is facing increased financial pressure after several banking partners reportedly restricted access to parts of its banking operations in Singapore, while major mining companies are also reassessing their commercial relationships with the firm. According to reports,......
The International Monetary Fund (IMF) has projected that Syria's economy could grow by more than 10% in 2026, reflecting expectations of a stronger economic recovery supported by improvements across several key sectors. In an official statement issued after a mission to Syria, IMF representatives......
HSBC has announced a share buyback programme of up to $1 billion after reporting a sharp increase in first-half earnings, underscoring the British banking group's confidence in its financial position and long-term strategy. The repurchase programme is expected to be completed before the publication......
Visa has announced the completion of its $2.4 billion all-cash acquisition of BioCatch, a company specializing in behavioral biometrics and digital fraud prevention. The deal reflects the growing importance of artificial intelligence in strengthening cybersecurity and protecting financial institutions......
Capital One has confirmed that it closed bank accounts linked to the Trump Organization following an internal review conducted by its anti-money laundering specialists. The disclosure was made in a legal filing submitted in response to a lawsuit brought by the company connected to former U.S. President......
Emirates NBD has signed a definitive agreement to acquire the retail banking business of HSBC Egypt, strengthening its position in one of the Middle East and North Africa region's largest banking markets. The transaction will be carried out through Emirates NBD Egypt, the Dubai-based banking group's......