International Banking News
Bahrain’s Gulf International Bank appoints new CEO

Jamal Al Kishi is joining Gulf International Bank from Deutsche Bank where he spent nearly 13 years, most recently serving as CEO Middle East and Africa Bahrain’s Gulf International Bank (GIB) has appointed Jamal Al Kishi as the Chief Executive Officer of and Deputy Group CEO. Previously, Al Kishi occupied a number of roles in corporate finance, capital markets and structured and project finance with the Arab National Bank. Dr. Abdullah bin Hassan Alabdulgader, the Group Chairman of GIB, said,… (Continua a leggere)

Ben Shenglin on China’s financial technology strategy

“Alipay and WePay have changed the banking landscape” This is the second in a series of interviews with Chinese monetary and geopolitical experts conducted by Willem Middelkoop, founder of the Netherlands-based Commodity Discovery Fund and member of the OMFIF advisers network. The first can be read here. Ben Shenglin started his career in 1994 with ABN AMRO. After being based in Beijing, London and Shanghai he moved to HSBC for 5 years and later to JP Morgan. His international banking experience… (Continua a leggere)

Bank of America waives fees, defers payments on credit cards, mortgages and auto loans during coronavirus

Bank of America cardholders are receiving financial relief during coronavirus. Citi, Chase, Capital One, Discover, Apple and American Express have made similar announcements. Bank of America has joined other card issuers, such as Citi, Chase, Capital One, Discover, Apple and American Express, in offering emergency support to its consumer and small business clients who are experiencing financial hardship because of the coronavirus pandemic. Through its Client Assistance Program, Bank of America is offering assistance to customers on an individual basis, depending on your specific area of need. Relief could… (Continua a leggere)

U.S. Stock Market Is Recovering, But Wait Until Official Quarantines Start

Analysts remain highly cautious about the start of North American trading Monday despite Washington’s $50 billion relief package to fight coronavirus. The streets of Madrid, Spain are empty after authorities issued a coronavirus lockdown. In the United States, President Trump issued a national emergency last week. As quarantines ramp up, investors are on high alert. | Image: AP Photo/Bernat Armangue U.S. stocks are recovering, but the rally might not lost as the coronavirus pandemic spreads. If the U.S. starts to… (Continua a leggere)

Italy and Spain Ban Short Selling After Record Market Plunge

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Italian and Spanish securities regulators have banned short sales of some stocks for Friday’s trading in an attempt to bring some stability following the worst market routs in history. The Spanish ban will affect 69 stocks, including all liquid stocks that fell more than 10% Thursday and all illiquid stocks that fell more than 20%, while in Italy 85 stocks will be affected by the ban. European… (Continua a leggere)

Usa 2020: Joe Biden vince il Texas

(ANSA) – ROMA, 4 MAR – Joe Biden vince le primarie democratiche in Texas, secondo le proiezioni di NBC News.

Fmi, nel 2020 ripresina in vista (+3,3%) per l’economia globale. Meno timori per la Brexit

Dopo una discesa sotto il 3% nel 2019, il Fondo monetario prevede una ripresina al +3,3%. Meno timori sulla Brexit. Per l’Italia quest’anno ipotizzato un passaggio da +0,2% a +0,5% DAVOS – Dopo esser piombata l’anno scorso sotto il +3% rispetto al +3,6% del 2018, l’economia mondiale dovrebbe accennare a riprendersi nel 2020 a un +3,3% e a un +3,4% nel 2021: lo prevede il nuovo World Economic Outlook del Fondo Monetario Internazionale, presentato a Davos in anticipazione dell’avvio del World Economic… (Continua a leggere)

Forbes celebra la quarta edizione dei Private Banking Awards in Borsa Italiana

BFCmedia, società quotata all’Aim ed editrice dei mensili  Forbes,  Bluerating,  Private, Asset Class e COSMO, oltre che editore delle trasmissioni televisive di BFC Video in onda 24 ore su 24 sulla piattaforma OTT di  bfcvideo.com e sul satellite, ai canali 511 di SKY e  61 di TiVuSat ha conferito ieri sera i premi della quarta edizione del Private Banking Awards. La kermesse milanese, organizzata nel quadro del ciclo di eventi ForbesLIVE e tenuta a battesimo come sempre da Private (il più autorevole mensile italiano dedicato a questo settore, fondato da BFC nel… (Continua a leggere)

A breve online nasce unionbankonline.eu, primo network delle banche online

Il mondo del credito trasforma il vecchio paradigma del XX secolo grazie all’arrivo di www.unionbankonline.eu (UBON), progetto ideato e voluto da professionisti della comunicazione e del mondo bancario europeo e internazionale, con la principale finalità di cercare nuovi clienti nel mondo. Questo cambiamento consente alla banca di gestire il risparmio dei correntisti, senza dimenticare il focus prioritario: trovare nuove persone per aggiornare al meglio il proprio business. UBON è la prima piattaforma al mondo pensata per favorire la visibilità della… (Continua a leggere)

South Korea central bank surprises with rate cut, likely to loosen again

– South Korea’s central bank delivered a surprise interest rate cut on Thursday, and shaved this year’s growth forecast to the lowest in a decade, as a brewing dispute with Japan piled more pressure on the trade-dependent economy. The Bank of Korea is not alone in adopting easier monetary policy, taking into account the dovish stance of global central banks and deteriorating economic conditions. Asia’s fourth-largest economy has stuttered in the past few quarters due to slowing demand and rising… (Continua a leggere)