Lithium Ionic Corp. has recently made a significant stride in advancing its feasibility-stage Bandeira lithium project in Brazil. The company has signed a nonbinding letter of interest with the US Export-Import Bank (EXIM) for up to US$266 million in debt financing. This development is crucial, as
In a strategic effort to bolster its wealth management sector, Standard Chartered is contemplating the sale of its wealth and retail banking units in Botswana, Uganda, and Zambia. This potential move aligns with the bank's overarching strategy to streamline its business by concentrating on
U.S. Bank is making strategic moves to bolster its capital markets and wealth businesses, aiming for significant growth in these areas. Following an investor day in September, the bank faced skepticism from analysts regarding its growth projections. Stephen Philipson, head of wealth, corporate,
The Bangko Sentral ng Pilipinas (BSP) has introduced a proposal for rule changes concerning pawnshops, aiming to expand the range of services they can offer, including roles such as money changers and gold traders. This initiative includes amendments to the Manual of Regulations for Nonbank
In the complex world of international banking, few entities match the expansive scope and regulatory rigor of JPMorgan Chase, the global financial services giant. Operating in a heavily regulated industry demands unwavering adherence to a labyrinth of rules and regulations that differ across
The relationship between major financial institutions, known as Big Banks, and the Trump administration has been notably favorable. This article explores the reasons behind the banking sector's affection for Trump and discusses the potential benefits for investors in this sector. The author,
