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Keywords: Banking
X has taken another significant step toward becoming an all-in-one digital platform by introducing a financial offering that combines interest-bearing accounts with peer-to-peer payment capabilities. The latest move reflects Elon Musk's long-term ambition to transform the social media network into......
HSBC Holdings is expanding its investment in artificial intelligence as the banking group prepares to establish a new global AI hub in Singapore and recruit more than 100 specialists to support its technology ambitions. The initiative reflects the growing role of artificial intelligence in the financial......
A Swiss court has ordered private bank Lombard Odier to pay a fine of 3 million Swiss francs ($3.68 million) in a long-running money laundering case linked to funds allegedly connected to Gulnara Karimova, the daughter of Uzbekistan's former president. The decision was issued by Switzerland's......
British financial technology giant Revolut has reached an estimated valuation of $115 billion following the launch of a new secondary share sale, underscoring robust investor confidence in the company's rapid global expansion and digital banking trajectory. The revised valuation marks a sharp increase......
Morocco is set to welcome a new player in the fintech sector after startup Zazu secured $1 million in initial funding to prepare the launch of its digital banking platform in Morocco and South Africa. The company aims to provide small and medium-sized enterprises (SMEs) with easier access to financial......
Attijariwafa Bank has been recognized as Morocco’s best investment bank for 2026 by Euromoney, marking another major achievement for one of the country’s leading financial institutions. The award acknowledges the bank’s performance in investment banking and its contribution to financing......
Major U.S. banks, including JPMorgan, are nearing agreements to help finance projects under Japan's $550 billion investment commitment in the United States, marking a significant step in implementing one of the largest cross-border investment initiatives between the two allies. According to sources......
Mexican investor David Martinez has reduced his holding in Banco Sabadell, selling nearly 1.6% of the Spanish lender while remaining one of its significant shareholders following last year's unsuccessful takeover attempt by BBVA. Regulatory filings reviewed on Tuesday show that Martinez disposed......
Coca-Cola is moving forward with plans to take its Indian bottling business public, appointing JPMorgan and Citi to oversee the planned initial public offering (IPO) of Hindustan Coca-Cola Holdings in 2027, according to sources familiar with the process. The move represents a significant step in the......