banking

Barclays Bank to Cut 5000 Jobs amidst Global Workforce Reduction

Barclays Bank has embarked on a significant restructuring process, reducing its global workforce by 5,000. This decision forms part of…

11 months ago

UBS to the Rescue! Swiss Bank Saves Rival Credit Suisse in Multi-Billion Dollar Deal

UBS has agreed to buy its rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) in a bid to…

2 years ago

A bank with over $200 billion in assets has collapsed… how?

You may have heard in the news this week that the Silicon Valley Bank in the US, a bank which…

2 years ago

Monetary easing to free up $188 billion for Chinese banks

The People's Bank of China, China's central bank, announced this week that they would reduce the current reserve requirement ratio…

3 years ago

Now this is monetary policy: US Federal Reserve is throwing everything it’s got at the coronavirus

In an unprecedented move today, the US federal reserve, which controls and coordinates American monetary policy, has announced a cocktail…

5 years ago