IMF remittance mandate for Pakistan sparks shadow banking fears
Finance Cutting bank incentives risks a reemergence of informal transfer channels: experts Pakistani rupee notes are counted at a bank…
Türkiye scraps inflation accounting for banks, financial companies
Türkiye’s banking regulator on Tuesday announced it was scrapping the application of inflation accounting for banks, financial leasing,…
CIMB partners Weixin Pay to boost cross-border payments for merchants
KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd have partnered with Weixin Pay, also known as…
Post-GFC securitisation reforms and new initiatives: a comparative analysis
The Great Financial Crisis (GFC) exposed significant vulnerabilities in global securitisation markets. In response, international standard-setting bodies implemented…
End of year bonus: How much should you save or spend? – Limerick financial planner
IT’S that time of year again, when year-end bonuses have been or are about to be announced. And…
Turkish officials, leaders discuss ‘future of finance’ at Turkuvaz summit
Türkiye’s top financial leaders and authorities gathered on Thursday at a major summit to discuss the strategies and…
Benefits of Net 30/60/90 Terms
The net terms on invoices your company receives aren’t just payment deadlines—they directly impact your working capital and…
Macquarie Asset Management appoints Prateek Jhawar as India head of real assets
Mumbai: Investment firm Macquarie Asset Management (MAM) has appointed Prateek Jhawar as head of real assets for India,…
Visa returns to Syria as Damascus seeks access to global financial system
Payments company Visa is set to restart operations in Syria after more than a decade after signing an…
Elizabeth Warren Demands Private Credit Stress Test After Big Bankruptcies
US Senator Elizabeth Warren is urging regulators to scrutinize the burgeoning private credit market, warning that implosions of…
Billionaire Haven Switzerland to Reject 50% Inheritance Tax
Swiss voters are poised to reject an inheritance tax proposal targeting super-rich residents, mindful of the risk of…
China’s Sovereign Bond Traders on Watch for Fallout From Vanke
The worsening debt crisis at China Vanke Co. has increased vigilance among sovereign bond traders over contagion from…