
Bitcoin took the finance services community by storm when it reached its highest price. However, as regulators set up rules on digital currencies, its status as a safe haven currency is now being questioned.
Rapid developments and increasing competition in the retail banking landscape require greater need for closer supervision and monitoring from industry regulators to protect the rights of the consumers.
China’s insurance industry is undergoing transformation as the authorities try to reign in the speculative practices of some players.
The boards of directors of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) have approved a proposed merger of the banks, which will create the largest bank in the Middle East and North Africa region.
An anti-money laundering law that did not cover casinos. A weekend and a holiday in the targeted banks in at least three countries. A Swift system that worked. And human slip-ups that rang alarm bells but also consummated the biggest documented…
China attributes its slowest growth in a quarter century to uncertainties in the international economic environment, and to weak real estate investment and poor imports and exports at home. Should it export its way back to growth, or take…
China welcomed the new year with yet another bloodbath that it has seen too much of in 2015. But unlike the August 2015 sell-off that was sparked by small jittery players, this time around, macroeconomic fundamentals are making the bears…
PBoC's decision to devalue the Rmb delivered a temporary shock to financial markets, but its longer-term effects may be felt around the globe.