Category: Finance

Pakistan has signed a massive Rs1.225 trillion agreement with the banking sector to tackle the growing circular debt in its power industry. This landmark deal, finalized on September 25, 2025,...

Financial technology leader FIS has acquired Amount, a Chicago based fintech firm specializing in digital banking and lending tools. The deal, announced on September 24, 2025, aims to help banks...

HSBC has agreed to sell its entire retail banking operations in Sri Lanka to local lender Nations Trust Bank for 18 billion Sri Lankan rupees. The deal, announced on September...

Macquarie Group has raised its price targets for Australia’s big four banks, signaling better credit quality and lower risks in the sector. This move comes as investors eye potential buys...

Gold prices soared to new all-time highs this week, driven by fresh U.S. Federal Reserve interest rate cuts and strong buying from central banks like China. Investors turned to the...

Jamie Dimon, the CEO of JPMorgan Chase, stated that the Federal Reserve may struggle to lower interest rates further unless inflation falls below 3 percent. In a recent interview, he...

Deutsche Bank, a major German financial giant, released a report on September 22, 2025, stating that central banks could start holding Bitcoin alongside gold as reserve assets by 2030. This...

Commercial banks in the Gulf Cooperation Council nations saw their total assets climb by 10 percent last year, hitting about $3.5 trillion as economies in the region bounced back strong....

Ripple’s Chief Technology Officer has announced that several banks are now using XRP for payments, with one upcoming bank set to run fully on the XRP Ledger. This move could...

In a shocking cyber attack, hackers breached data from about 20 private equity funds in South Korea earlier this month. The Russian speaking ransomware group Qilin targeted a cloud server...