by Jibran Munaf | November 2, 2024 | Banking
The Qatar Central Bank (QCB) announced the issuance of treasury bills totaling QR2.7 billion ($741.3 million), covering a range of maturities from 7 days to 364 days. This multi-maturity issuance aims to support liquidity management and provide investment options for...
by Jibran Munaf | October 30, 2024 | Banking, Corporate Finance
Standard Chartered raised its 2024 income guidance on Wednesday after reporting third-quarter profits that exceeded expectations, fueled by strong performance in its wealth management segment. The London-based bank reported pre-tax profits of $1.81 billion, surpassing...
by Jibran Munaf | October 30, 2024 | Banking
Swiss bank UBS reported third-quarter net profit of $1.43 billion on Wednesday, surpassing analysts’ expectations of $667.5 million, according to LSEG’s poll. The strong earnings followed UBS’s initial client migration phase from Credit Suisse after the...
by Jennifer George | October 28, 2024 | Banking, Investment Banking, Markets, News, Stocks & Bonds
J.P. Morgan’s 2025 Long-Term Capital Market Assumptions delivers timely insights on recent market complexities. The 29th edition of the historic report reveals the dawn of a “new economic era” that is set to deliver higher growth, strong capital investment...
by Jibran Munaf | October 27, 2024 | Banking
The Bank of England (BoE) is moving forward with plans to develop a digital currency, citing the need to ensure a stable form of digital payment amid concerns that commercial banks may lag behind less-regulated tech firms, Governor Andrew Bailey said on Saturday....
by Jibran Munaf | October 25, 2024 | Banking
British bank NatWest announced on Friday that its net profit surged by 35% in the third quarter, fueled by higher revenues and reduced costs. The lender reported a profit after tax of £1.17 billion ($1.52 billion) for the three months ending in September, marking a...
