Ethiopia: First Investment Banking Licenses Issued

Ethiopia: First Investment Banking Licenses Issued

On March 21, Ethiopia issued its very first investment banking licenses, marking a historic change in the country’s financial sector. The Ethiopian Capital Market Authority (ECMA) has granted licenses to CBE Capital SC and Wegagn Capital Investment Bank SC, both linked to large Ethiopian banks. CBE CAPITAL, a subsidiary of the Ethiopia State Commercial Bank … Read more

Bringing digital innovation & entrepreneurship to SME banking

Bringing digital innovation & entrepreneurship to SME banking

Bank leader for small and medium -sized enterprises (SMEs), Boubyan Bank offers single -stop financial solutions for SMEs, startups to established companies. As part of its Boubyan 2028 strategy, the Kuwait -based bank focuses on digital innovations to better serve this key segment. Abdullah al -Mejhem, assistant CEO – consumer and private banking at Boubyan, … Read more

Scotiabank Pullback Signals Global Banking Shift Away From Latin America

Scotiabank Pullback Signals Global Banking Shift Away From Latin America

Home Banking The withdrawal of the Scotia bank reports the World Bank move away from Latin America With its exit from Central America and Colombia, Scotia Bank follows the trend of international banks withdrawn in the midst of the costs and risks of compliance. The Scotia bank has officially left retail banking services in Panama, … Read more

Appetite For Alternative Assets Grows In Private Banking

Appetite For Alternative Assets Grows In Private Banking

Rich investors should look beyond stocks and bonds, which prompted private banks to extend offers and expertise. The stocks and bonds listed on the stock market has been major investments in the past 15 years, but rich investors are increasingly looking for alternatives to the publication markets in securities. Whether for fear that public actions … Read more

Eurozone shares wobble while investment banking sees boost

Eurozone shares wobble while investment banking sees boost

&nbsp Author: Graham Jarvis, Features Writer Despite concerns about a tougher outlook, many of the Eurozone’s biggest banks beat second quarter earnings expectations. Reuters says they have benefited from high interest rates and “bumper investment bank business,” even though their shares were held back. Shares may be lower than anticipated because of business performance – … Read more

Coinbase Urges US Regulators For Crypto Banking Clarity

Coinbase

Recent reports claim that Coinbase is seeking clarity on the status of banking services related to crypto. In a letter, the exchange allegedly urged US regulators to confirm whether banks can offer services to crypto businesses. This move comes before the US Congress hearing regarding “Operation Chokepoint 2.0,” where the crypto exchange’s CLO will testify … Read more

The future of green banking

The future of green banking

Crédit: Olia Danilevich & NBSP Auteur: Antonia Di Lorenzo, écrivain de traits Alors que le monde confronte les impacts croissants du changement climatique, le secteur financier est devenu une force centrale dans la conduite de la durabilité. Les banques, en particulier, alignent leur prêt, leurs stratégies d’investissement et leurs offres de produits avec les objectifs … Read more

Explainer-How billionaire Caltagirone could influence Italy’s banking M&A wave By Reuters

Explainer-How billionaire Caltagirone could influence Italy's banking M&A wave By Reuters

MILAN (Reuters) – Italian billionaire Francesco Gaetano Caltagirone has become a leading player in the ongoing reshaping of Italy’s financial sector. Battles in the GENERALI and MEDIOBANCA Last year, Caltagirone expanded its investments in the Italian financial sector and is now a major shareholder in bail-out bank Monte dei Paschi di Siena (MPS) and fund … Read more