[ad_1] South Africa plans to tighten up its regulation of financial markets, after a top bank admitted to taking part in manipulation of the rand. Legislation will be introduced next…
Tag: Standard Chartered PLC
South Africa’s ANC Wants Banks Prosecuted Over Rand Manipulation
[ad_1] South Africa’s ruling African National Congress said commercial lenders found to have manipulated the nation’s currency should be charged with economic sabotage. Standard Chartered Plc admitted this week to…
China Policymakers Visit Hong Kong to Boost Finance Hub
[ad_1] China’s financial policymakers are in Hong Kong this week meeting bankers to seek ways to bolster the city’s status as a hub for investments, deals and talent. The Ministry…
An HSBC-backed startup is using AI to help banks fight financial crime — and eyeing a Nasdaq IPO
[ad_1] The co-founders of Silent Eight, from left to right: Michael Wilkowski, Julia Markiewicz and Martin Markiewicz. Silent Eight WARSAW — When it comes to financial crime, banks can often…
European stocks close lower as banking sector jitters return
[ad_1] Carrier Global Corp to acquire Viessmann unit in $13.17 billion deal Max Viessmann, the CEO of Viessmann Group, speaks to CNBC’s Annette Weisbach. U.S. equities are the least attractive…
European markets lower as banking sector jitters return
[ad_1] 34 Mins Ago Portfolio diversity means growth witnessed despite recessionary pressures, says Novozymes CEO Ester Baiget, CEO at Novozymes, discusses earnings, and explains the impacts of current macroeconomic conditions…
Singapore’s digital banks dangle incentives to win new customers — is it sustainable?
[ad_1] Singapore’s new digital retail banks are offering lower fees, more incentives and waiving minimum account balances to win over customers from traditional banks. But how viable is this in…
As Brits reel from a cost-of-living crisis, the UK stock market quietly booms to an all-time high
[ad_1] The sun rises over the city on Feb. 6, 2023 in London, United Kingdom. Leon Neal | Getty Images News | Getty Images LONDON — The U.K. is facing…