The results are in: Paper continues to dominate payments landscapeÂ
State Bank of Pakistan's quarterly report highlights how e-commerce transactions have fallen while POS and RAAST transactions have seen an uptick
Why the Roshan Digital Account balance may not be equal to $6bn
A closer examination of SBP's $6 Billion RDA deposit inflowsÂ
Why is a Sudanese Bank interested in investing $54.5 million in Silk Bank?
Silkbank in talks with South Sudan bank for potential investment
SBP raises policy rate to record high of 21% to tackle inflation
LAHORE: The State Bank of Pakistan (SBP) announced on Tuesday that it will raise the policy rate by 100 basis points (bps)...
In surprise move, Shazad Dada is replaced as President and CEO of UBL
Muhammad Jawaid Iqbal appointed as President & CEO of UBL for 3 year tenure
First Citizens agrees to acquire failed Silicon Valley Bank
First Citizens BancShares Inc FCNCA.O said on Monday it will acquire the deposits and loans of failed Silicon Valley Bank SIVB.O, closing...
ANZ CEO: Banking turmoil has potential to trigger financial crisis
Australia and New Zealand Banking Group's (ANZ.AX)Â CEO said on Monday the latest turmoil in the global banking system had the potential to...
Analysis: Wall Street push for bank rescues clashes with Washington realities
The banking crisis set off by the swift collapse of Silicon Valley Bank (SIVB.O)Â has exposed a sharp disconnect between Washington and Wall...
Exclusive: JPMorgan, Citi, BofA tell staff not to poach clients from stressed banks
As a series of U.S. lenders were besieged by customers yanking out their money this month, banking behemoths including JPMorgan Chase &...
SBP likely to raise interest rates by 2% in bid to unlock IMF programme
The State Bank of Pakistan (SBP) is planning to increase interest rates by 2% during its upcoming Monetary Policy Committee (MPC) meeting...
Citigroup CEO declares ‘this is not a credit crisis’ after U.S. bank failures
Citigroup Inc (C.N)Â CEO Jane Fraser on Wednesday expressed confidence in U.S. banks after a series of closures rattled investors and fueled turmoil...
Switzerland’s secretive Credit Suisse rescue rocks global finance
Days before a hastily convened press conference late on Sunday that would make the world's front pages, Switzerland's political elite were secretly...
Credit Suisse says $17bn debt worthless, angering bondholders
Credit Suisse said 16 billion Swiss francs ($17.24 billion) of its Additional Tier 1 debt will be written down to zero on...
UBS eyeing swoop for Credit Suisse amid fears of banking contagion
UBS AG (UBSG.S) was examining on Saturday a takeover of its embattled Swiss peer Credit Suisse (CSGN.S), sources said, a move that could allay...
Bank rescues ease crisis fears but investors worry it’s not enough
A $30 billion lifeline for First Republic Bank (FRC.N)Â hosed down market fears about an imminent banking collapse on Friday, but a late...