Banking

Absa CEO Unveils Retail Revival and African Expansion Plan
Banking Absa CEO Unveils Retail Revival and African Expansion Plan

What does it take for a major bank to rise from years of struggle and reclaim its place among industry giants in a fiercely competitive market? Absa Group, one of South Africa’s leading financial institutions, is betting on a transformative strategy under the leadership of CEO Kenny Fihla. With

Citi's Banking Head Leads Turnaround with Key Hires and Deals
Banking Citi's Banking Head Leads Turnaround with Key Hires and Deals

Imagine a storied Wall Street giant, once a titan of global finance, grappling with decades of declining market share, now staging a dramatic comeback through bold leadership and innovative tactics under the guidance of its new banking head, Viswas Raghavan. Citigroup is capturing attention with a

ANZ Group Shines in Q3 with Growth and Strategic Moves
Banking ANZ Group Shines in Q3 with Growth and Strategic Moves

In a landscape where economic pressures often test the resilience of financial institutions, one of Australia's leading banks has delivered a standout performance that underscores both stability and ambition, reflecting a strong domestic economy. The third-quarter trading update from ANZ Group, the

How Is Nubank Redefining Fintech with 42% Profit Surge?
Banking How Is Nubank Redefining Fintech with 42% Profit Surge?

In the dynamic realm of fintech, few stories captivate as much as that of Nubank, the Brazilian digital lender under Nu Holdings, which has redefined financial services in Latin America with remarkable innovation. As of 2025, Nubank stands as a towering force, having reported a staggering 42% surge

Why Did StanChart Shares Plunge After US Probe Call?
Banking Why Did StanChart Shares Plunge After US Probe Call?

What happens when a global banking giant, riding high on record earnings, suddenly finds itself in the crosshairs of political scrutiny? Picture this: a single letter from a U.S. lawmaker sends shockwaves through the financial world, wiping nearly 9% off a bank's stock value in one day, as happened

How Are Trump’s Tariffs Driving Up Inflation in 2025?
Banking How Are Trump’s Tariffs Driving Up Inflation in 2025?

In the current economic landscape of 2025, the United States finds itself grappling with persistent inflation that refuses to align with the Federal Reserve’s long-standing 2% target, creating a challenging environment for consumers and policymakers alike. As of July, the annual inflation rate

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