Banks on Wall Street report bumper second-quarter profits

BANK BOSSES were full of good cheer as they reported their second-quarter earnings on July 13th and 14th. “The consumer…their house value is up, their stocks are up, their incomes…

Banking on Green: A Green, Resilient Recovery Needs National Green Investment Banks

This blog was co-authored with Angela Whitney, Manager Climate Aligned Industries, RMI  In a pivotal year for sustainable development and climate action, world leaders would do well to turn to the…

Top 20 MEA banks by market cap, Q2’21

Saudi Arabia’s Al Rajhi Banking & Investment Corp. topped the list of the 20 largest banks by market capitalization in the Middle East and Africa as of June 30, with…

Lirium Approved by Financial Market Authority of Liechtenstein to Provide Crypto Services to Banks, Fintechs

Lirium AG has received approval from the Financial Market Authority of Liechtenstein to provide crypto services to banks and other firms, according to a note from the company. Lirium is now…

Deutsche Bank’s UK boss says she wants investment banking graduates in the office 5 days a week, even as the company moves to flexible working

Deutsche Bank UK and Ireland CEO Tiina Lee. Deutsche Bank Tiina Lee, Deutsche Bank’s UK CEO, told Insider she wants graduates in the office five days a week. The bank…

Red-Hot U.S. Economy Drives Global Inflation, Forcing Foreign Banks to Act

A booming U.S. economy that is driving inflation higher around the world and pushing up the U.S. dollar is pressing some central banks to increase interest rates, despite still-high levels…