US President Donald Trump, along with his family and businesses, on Monday sued Deutsche Bank and Capital One in an attempt to stop them from complying with Congressional subpoenas issued as part of a probe into foreign political influence.
Hundreds of workers at Sudan’s banks and government offices, including the key oil ministry, went on strike for a second day on Wednesday to demand the country’s ruling generals step down.
Australia’s big banks — once among the most profitable in the world — are being forced to amass war chests worth billions of dollars to reimburse customers for years of dodgy fees.
A recovery in eurozone business activity was weaker than expected this month as a deepening contraction in the bloc’s manufacturing industry is increasingly holding back services firms, a survey showed. Last month, European Central Bank President Mario Draghi
UAE Banks Federation (UBF) has unveiled the results of its 2018 Trust Index Survey, which has been recently completed, revealing that 74% of respondents had high trust in the UAE banking sector, up from 68% in 2017.
China’s banks extended new yuan loans in August as policymakers ratcheted up support for the slowing economy, and further policy easing is expected in coming weeks as the Sino-US trade dispute takes a bigger toll on the economy.
Abu Dhabi's First Abu Dhabi Bank (FAB), on Sunday rejected allegations by the Qatar Financial Centre Regulatory Authority (QFCRA), that its branch in the Qatar Financial Centre had failed to provide appropriate financial disclosures.
The development is a major success of the Modi government's fight against black money.
The mergers, which cut to 12 the total number of state-owned banks from 27 in 2017, are the first since Indian Prime Minister Narendra Modi's government won re-election in late May.