Latest News for: Banking wholesale

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MAS Advances Tokenization with New CBDC Testnet Initiative

The Arabian Post 04 Nov 2024
The Monetary Authority of Singapore (MAS) is set to launch a new wholesale Central Bank Digital Currency (CBDC) testnet, named the SGD Testnet, which aims to facilitate the commercialization of tokenization in the financial sector.
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Just-In: MAS Push To Pioneer Commercialization of Asset Tokenization

CoinGape 04 Nov 2024
Singapore’s central bank to enhance ... Banks such as Citi, HSBC, Schroders, Standard Chartered and UOB have formed the Guardian Wholesale Network industry group to form commercial networks.
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Singapore creating networks to commercialize digital asset tokenization platform after successful trials

Cryptoslate 04 Nov 2024
Furthermore, MAS enables financial institutions to access common settlement assets, including Singapore dollar wholesale central bank digital currency (CBDC).
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News24 | amaBhungane | The #Laundry: Shadow banks Part Two – Christo and Kotie

News24 04 Nov 2024
Johannesburg's "shadow banks" are cash-in-transit companies that in practice can also be used as wholesale clearing houses for illicit money flows, while seemingly asking very few questions ... .
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DBG partners Advans Ghana to empower female entrepreneurs under AdvansHer programme

Business Ghana 04 Nov 2024
About Development Bank Ghana. Development Bank Ghana is a wholesale financial institution established by the Government of Ghana ... The Bank has received funds from the World Bank, European Investment ...
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Commercial Bank participates in IMF and IIF in Washington

The Peninsula 03 Nov 2024
Commercial Bank was represented at these meetings by Mohamad Ismail Mandani Al Emadi, Board Member; Joseph Abraham, Group CEO; Fahad Badar, EGM, Chief Wholesale and International Banking Officer; ...
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PMI rises slightly to 50.0 ahead of US election: CIER

Taipei Times 01 Nov 2024
Looking six months forward, firms involved in wholesale, retail, construction and real-estate brokerage expressed misgivings after the central bank stiffened lending terms to cool the housing market.
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Man United fans spot subtle difference between how Ruben Amorim and Erik ten Hag were ...

The Daily Mail 01 Nov 2024
Another posted ... EXCLUSIVE ... United's co-owners Ineos have made wholesale changes at the club since their arrival last year. United are banking on Amorim bringing his golden touch to Old Trafford after four successful years in the Portuguese capital ... .
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Xinhua Silk Road: Guilin Bank provides dedicated services to boost China-ASEAN cross-border financial cooperation

Antara News 31 Oct 2024
Based on the project, Guilin Bank will vigorously develop the wholesale business of the Vietnamese dong, and form a regional currency service pattern featuring improved supply network, transfer ...
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Abu Dhabi Islamic Bank net profit after tax rises 24%

Khaleejtimes 30 Oct 2024
Customer financing grew 16 per cent YTD with Dh19 billion of new financing extended to customers with retail financing delivering a strong quarter, reflecting market share gains across key segments, and wholesale banking closing landmark deals.
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HSBC launches $3bn share buyback as profits beat forecasts

The Guardian 29 Oct 2024
The London-headquartered bank said strong performance in its wealth division and wholesale banking arm helped push pre-tax ...
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HSBC third-quarter profit beats estimates, launches $3 bln buyback; shares jump

Bahrain News Agency 29 Oct 2024
HSBC Holdings turned in a better-than-expected profit for the third quarter on rising wealth and wholesale banking revenue, while the market awaits anxiously for details of its newly announced major overhaul.
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HSBC prepares $3bn share buyback as profits smash forecasts

The Daily Mail 29 Oct 2024
It credited the performance to customer activity boosting turnover at its wealth and wholesale transaction banking operations ... HSBC completes sale of Canadian arm to Royal Bank of Canada.
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HSBC to buy back $3 billion shares as profit beats estimates

Gulf News 29 Oct 2024
Europe's largest bank said Tuesday that it would repurchase up to $3 billion shares ... banking units ... "There was strong revenue growth and good performances in wealth and wholesale transaction banking.".

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