Bank
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Crypto Bank Silvergate Capital Collapses; Vows to Make Full Refund of Deposits
Embattled crypto-focused bank Silvergate Capital went belly up on Wednesday following months-long flight of capital and erosion of deposit base in the aftermath of the FTX collapse at the end…
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Analysis-Emerging Market Central Bank Pivot Plans Face A Fedache
A general view of the Central Bank headquarters building in Brasilia, Brazil February 14, 2023. Reuters Having beaten the Fed & Co off the blocks when it came to raising interest rates,…
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Data of 6 lakh HDFC Bank customers’ exposed; bank denies [details]
NIA arrests its own former SP-rank officer for leaking secret information to LeT terrorists After reports surfaced that personal information of nearly 6 lakh customers of HDFC Bank was allegedly…
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Jordan’s King Tells US Defense Secretary West Bank Violence Threatens Stability
Jordan’s king Abdullah II meets with U.S. Defense Secretary Lloyd Austin in Amman, Jordan March 5, 2023. Jordanian Royal Palace/Handout via Reuters REUTERS Reuters Jordan’s King Abdullah told U.S. Defense…
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Pakistan Central Bank Raises Key Policy Rate By 300 Bps To 20%
The logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at the head office in Karachi, Pakistan July 16, 2019. Reuters Pakistan’s central bank raised…
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World Bank Announces Additional $2.5 Billion In Ukraine Aid; Total Reaches $20.6 Billion
The World Bank on Friday announced $2.5 billion in additional grant financing from the U.S. Agency for International Development (USAID) to support Ukraine’s budget and maintain essential services. The latest…
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Israeli West Bank Settlers ‘Sing And Dance’ After Outpost Recognised
An aerial view shows mobile homes in the Jewish settlement of Givat Haroeh in the Israeli-occupied West Bank, February 21, 2023. Reuters Drama therapist Yael Drori left bustling Jerusalem 16…
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Bank Of Japan’s Next Chief Says Monetary Easing ‘Appropriate’
Kazuo Ueda, an economics professor, has been nominated as the Bank of Japan’s next governor AFP The Bank of Japan’s long-standing monetary easing policies are “appropriate”, its next governor Kazuo…
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Israeli Pro-settler Minister Formally Gains West Bank Powers
FILE PHOTO-Israeli Finance Minister Bezalel Smotrich attends a cabinet meeting at the Prime Minister’s office in Jerusalem, February 23, 2023. Reuters A far-right Israeli cabinet minister formally gained responsibilities over…
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Biden Nominates Ex-Mastercard CEO To Lead World Bank
The United States announced its nomination of former Mastercard CEO Ajay Banga to lead the World Bank AFP US President Joe Biden said Thursday that Washington is nominating former Mastercard…
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Violence Flares Around Gaza After Deadly Israeli West Bank Raid
Smoke rises above buildings in Gaza City as Israel launched air strikes on the Palestinian enclave AFP Israel launched air strikes on Gaza in return for rocket fire from the…
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U.S. To ‘Quickly’ Nominate Candidate To Lead World Bank, Yellen Says
U.S. Treasury Secretary Janet Yellen speaks during a news conference as G20 finance leaders gather on the outskirts of Bengaluru, India, February 23, 2023. Reuters The United States intends to…
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Turkish Central Bank Cut Rates By 50 Bps % After Earthquake
A logo of Turkey’s Central Bank (TCMB) is pictured at the entrance of the bank’s headquarters in Ankara, Turkey April 19, 2015. Reuters Turkey’s central bank cut its main interest…
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Israel-Gaza Border Heats Up After West Bank Violence
Trails of smoke are seen as rockets are fired from Gaza towards Israel during the sunrise, in Gaza City February 23, 2023. Reuters Gaza militants fired rockets and Israel carried…
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World Bank Board Moving Ahead To Select Next President, U.S. Nominee Expected Soon, Sources Say
A participant stands near a logo of World Bank at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. Reuters The…