Banking

Are Traditional Trading Practices Making a Comeback in 2024?
Banking Are Traditional Trading Practices Making a Comeback in 2024?

In the fast-paced world of trading, technological advancements have largely overshadowed traditional methods. However, 2024 has seen a surprising resurgence of some of these age-old practices. This article delves into the reasons behind this trend and examines whether traditional trading methods

Is Bank Millennium Leading Poland's Financial Innovation and Sustainability?
Banking Is Bank Millennium Leading Poland's Financial Innovation and Sustainability?

Bank Millennium S.A. (BM), a prominent commercial bank in Poland, is making significant strides in financial innovation and sustainability. Through its Synthetic Securitisation project, BM is enhancing its operational resilience and lending capacity. This initiative, supported by the European Bank

How Will TCS and Bank of Baroda's Partnership Impact Financial Inclusion?
Banking How Will TCS and Bank of Baroda's Partnership Impact Financial Inclusion?

Tata Consultancy Services (TCS) recently announced an expansion of its existing partnership with Bank of Baroda, India’s second-largest public sector bank, aimed at furthering the deployment of the TCS Financial Inclusion Gateway Solution over the next five years. The renewed collaboration aims to

Banco Santander Eyes Canadian Market Amidst Oligopoly and Challenges
Banking Banco Santander Eyes Canadian Market Amidst Oligopoly and Challenges

Spain's Banco Santander is poised to make a significant entry into Canada's banking sector, a move that could introduce substantial competition into a market traditionally dominated by a few major players. With over 168 million customers worldwide, Santander's global presence is well-established,

Is UniCredit's Commerzbank Stake Increase a Strategic Misstep?
Banking Is UniCredit's Commerzbank Stake Increase a Strategic Misstep?

In a bold move that has drawn significant attention from both the financial world and governmental authorities, UniCredit recently increased its stake in Commerzbank to 28%, stirring controversy with the German government. This strategic decision by the Italian banking giant places UniCredit at the

Bangladesh's Private Banks See Alarming 171% Rise in Bad Loans
Banking Bangladesh's Private Banks See Alarming 171% Rise in Bad Loans

In a concerning trend, the private banking sector in Bangladesh has witnessed a substantial increase in bad loans from September 2023 to September 2024. This period saw defaulted loans jump by an alarming 171%, soaring from Tk 29,645 crore to Tk 80,573 crore, according to data from the central

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