Multilateral development banks (MDBs) are relevant to the extent that they respond to the development priorities of countries in the Global South. The World Bank, the largest MDB, says its mission is ...

The central bank in Rome identified such potential dangers in a half-yearly assessment published on Tuesday that also observed a general increase in global vulnerabilities since Donald Trump’s ...

Xi called the bank "a pioneering initiative for the unity and self-improvement of the Global South," and said that it conforms to the historical trend of reforming and improving global governance.

HSBC has evolved from a global bank, where two decades ago half of its capital was deployed outside the United Kingdom and Hong Kong, to a somewhat more geographically focused group centred mainly ...

However, the bank utilized its contingent provision buffer of Rs2.7bn which along with nearly flat margins and strong card fees helped manage profitability, albeit negligible at Rs0.7bn.

The Bank of Japan begins its policy meeting on Wednesday and is broadly anticipated to maintain interest rates at 0.5% when the meeting wraps up on Thursday. At the same time, investors are ...

The bank expects the improving DPS/CASA revenue and operating leverage to support profitability. It remains hopeful of securing an SFB license soon which should open up the lending opportunity.

5:34 Bank of Canada Holds Interest Rates Steady Amid Uncertainty Uncertainty about both the rapidly changing U.S. trade policy and the impact it’s having on the Canadian economy dominated ...

Most economists have lowered their forecasts for this year, and the World Bank said that if the global economy grows by the 2.3% consensus projection, commodity prices will likely fall by 12% ...

Canada’s newly elected Prime Minister, Mark Carney, is the only central bank governor to have received an “A” grade from Global Finance magazine for his tenure in two different countries. The Liberal ...

Faltering economic growth is coinciding with ample oil supply in ways that are expected to cause a drop in global commodity prices to their lowest level of the 2020s, according to the World Bank ...

Xi called the bank "a pioneering initiative for the unity and self-improvement of the Global South," and said that it conforms to the historical trend of reforming and improving global governance.