The profits of Absa Bank Mozambique, one of the largest five banks in the country, grew 14.1% in 2024 to 1,852 million meticais (€26.2 million), its "best result ever", the institution announced today ...

Given signs of growing credit risks and declines in the return on equity, we expect CMBC will need to refinance in the future to boost its capital ratios to stay comfortably above the 8.5% regulatory ...

Themes such as green mobility are also critical for achieving this. The banking sector plays a pivotal role in mobilising ...

Today in Money, an in depth look at Asda's struggles - could it be close to being knocked out of the supermarket big three by ...

UBS upgrades SBI, Bank of Baroda: Global brokerage UBS has upgraded ratings on two public sector banks (PSBs) – State Bank of ...

The year 2024 proved to be a strong one for major US banks, with the six largest institutions collectively reporting a 20% ...

Big banks and a credit union earned nearly $3.5 billion from overdraft fees in 2024, with Chase, Wells Fargo and Navy Federal ...

Block shares are down 32% year-to-date, and 80% since their peak of $289 in 2021. By comparison, the ARK Fintech Innovation ETF is down 6.5% year-to-date. The slump has helped drag CEO Jack Dorsey’s ...

Loan growth is likely to stay sluggish this yr due to weak demand & cautious approach on unsecured lending. Going forward, ...

Gateway Mortgage, a division of Gateway First Bank, is proud to announce that 23 team members have been named Top Originators ...

That's still kind of a weird flex: Mortgage rates dropped that low because of emergency actions taken by the Federal Reserve ...

“Countless mortgage holders were deprived of surplus funds as a result of the collective failures by foreclosing banks, loan ...