Syria’s first international card payments signal return to global finance
The Treasury said the action would help foster additional investment and support political and economic stability. Raslan described the Visa…
Category: Finance
BNP Paribas establishes regional hub in Riyadh as Saudi solidifies financial ambitions
France’s largest bank now joins over 750 multinationals in Saudi Arabia’s push to become a premier financial centre in the…
European financial firms set for record 228 billion euro in payouts
Banks and insurers are on course to hand shareholders their biggest-ever haul of dividends and buybacks, capping a historic run…
Berkshire Hathaway shares hit post-Buffett high after buybacks, strong earnings
As per the American conglomerate’s quarterly reports, its cash pile fell to USD 364.7 billion on June 30 from a…
Hackers dial Wall Street as ‘Vishing Wave’ hits private equity giants
A single extortion crew hiding behind four brand names used phone calls and fake passkey portals to hunt the Wall…
Profuturo’s sustained success is driven by consistent results
Profuturo’s commitment to a long-term strategy supported by disciplined investment and risk management is reflected in its competitive and sustained…
Trading, dealmaking booms to hand Wall Street bankers bumper bonuses, says consultancy
Equity traders and M&A advisers are expected to receive the biggest pay rises as market volatility and record deal activity…
Commerzbank lowers resistance, signals openness to UniCredit takeover talks
UniCredit has asked Commerzbank to start adopting the strategy the Italian bank has mapped out for its German counterpart in…
Endgame for Commerzbank? UniCredit secures 47.6% of shares of its German counterpart
UniCredit could still struggle to advance its takeover project, due to a united opposition from the Friedrich Merz government, unions,…
Commerzbank maintains defiant stance, urges stakeholders to ward off UniCredit
In a letter, CEO Bettina Orlopp told the shareholders that UniCredit’s offer wasn’t high enough and the Italian bank had…