Latest News for: Worlds biggest banks

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Massive fraud case exposes Vietnam’s corrupt bank system

Asiatimes 25 Apr 2024
The financial crisis of 2008 showed just how much the world depends on banks being well run ... On April 11, 2024, a businesswoman in Vietnam was sentenced to death for taking out US$44 billion in fraudulent loans from one of the country’s biggest banks.
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Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks

The Conversation 24 Apr 2024
The financial crisis of 2008 showed just how much the world depends on banks being well run ... to death for taking out US$44 billion (£35bn) in fraudulent loans from one of the country’s biggest banks.
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China's Capital Flight Could Fuel Bitcoin’s Next Rally

Oil Price 24 Apr 2024
... and central banks - the world will also be freaking out about the capital flight out of China...… .
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Children who started school during Covid to suffer most, study finds

AOL 24 Apr 2024
Analysis. How lockdown broke a generation. Read more ... The research comes days after Indermit Gill, chief economist of the World Bank, described the closure of schools as the “biggest mistake” made during pandemic lockdowns ... He added ... He said ... .
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OPEC cuts and geopolitical tensions propel Brent crude up by over 13% in 2024; central banks face inflation challenge

Live Mint 23 Apr 2024
But he added that it’s possible if the economic data warrant higher rates to reach the Fed’s inflation goal. Chile’s central bank president, Rosanna Costa, said plans to extend one of the world’s ...
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SEC in Talks With Firms on Becoming US Treasury Clearinghouses

Live Mint 23 Apr 2024
Rewiring of World’s Biggest Bond Market Will Transform Trading Nathaniel Wuerffel, head of market structure at Bank of New York Mellon Corp.
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Dimon Meets With Development Bank Leaders Seeking Private Money

Live Mint 21 Apr 2024
Chief Executive Officer Jamie Dimon met with executives from the World Bank Group and several other multilateral development lenders as they seek to pull more private money into initiatives across emerging markets.
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In our changing climate, food availability must be a top concern

The Hill 21 Apr 2024
The good news is that the World Bank — the biggest international funder of development projects — is well aware of the synergistic link between food, climate change and stability, and is already funding climate-smart agriculture.
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Shuaa reaches deal with noteholders for bond term amendment

GDN Online 20 Apr 2024
Its investment banking division has led a number of historic IPOs, including the region’s biggest-ever IPO of DP World in 2007 ... Global investment bank Houlihan Lokey and international law firm ...
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Three Indian banks in top 50 lenders in Asia-Pacific by assets

Deccan Herald 19 Apr 2024
remained the biggest bank in the region and in the world at the end of 2023, with Agricultural Bank of China Ltd ... into second spot on the regional list.</p>.<p>The big four Chinese banks ...
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China’s c.bank signals caution over credit boost as demand weakens

Hellenic Shipping News Worldwide 19 Apr 2024
The world’s second-biggest economy grew faster than expected in ...
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Japan inflation rate slips to 2.6% in March

RTE 19 Apr 2024
After years of deflation in the world's fourth biggest economy, the Bank of Japan has sought to generate rising prices with ultra-aggressive monetary stimulus policies ... But most economists expect the bank to keep interest rates unchanged for now.
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Time’s 100 most influential: Satya Nadella, Ajay Banga, Jensen Huang in list

Hindustan Times 18 Apr 2024
Time magazine's list of 100 most influential people on the planet lists long-time Microsoft CEO Satya Nadella, Nvidia founder Jensen Huang, World Bank President Ajay Banga and many more ... She said World Bank President Banga has “done just that."
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China’s central bank ready to step in as demand for credit weakens

Business Day 18 Apr 2024
The world’s second-biggest economy grew faster than expected in the first quarter, but several March indicators, such as property investment, retail sales and industrial output showed that domestic demand remains frail, weighing down momentum.
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Argentina Central Bank Chief Among Top Officials Headed to China

Live Mint 18 Apr 2024
It’s become the biggest yuan swap line in the world, at a time when China has been using them in several countries to expand its global influence.&nbsp; On the campaign trail, Milei raised questions ...
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