Commercial Bank

A press man picks up a stack of uncut sheets of USD 20 banknotes on July 12, 2012 at the US Bureau of … [+] Engraving (BEP) in Washington, DC, where high-tech presses operate 24 hours a day. BEP is a government agency within the United States Department of the …

The Bank of England has ordered Euroclear to improve its technology and operational resilience after a deadlock last year in a crucial part of the plumbing that underpins the markets thwarted a planned auction to buy gilt. The central bank on Friday launched supervisory action against the UK and Irish …

AFC Commercial Bank (formerly Agribank) tax-free profit climbed 1086% to $ 569 million (historical terms) in the year through December 2020, thanks to improved e-banking income and the growth of the loan portfolio. The exceptional performance saw the bank declare a dividend of $ 191.6 million for the fiscal year …

China’s longest-serving ambassador to the United States, Cui Tiankai, has ad he retired after eight years, adding another layer of uncertainty in the relations between the two great powers. Cui, 68, whose time in Washington covered the presidencies of Barack Obama, Donald Trump and Joe Biden, has witnessed a profound …

China’s central bank urged Ant Group’s Alipay e-wallet and four state-owned banks to step up efforts … [+] their crackdown on cryptocurrencies. SOPA Images / LightRocket via Getty Images China’s central bank has ordered Ant Group and four state-owned banks to step up their crackdown on cryptocurrencies as Beijing steps …

The introduction of a digital euro would strengthen consumer privacy and protect the euro zone from the “threat” of competing cryptocurrencies that could undermine the bloc’s monetary sovereignty, according to the central banker who oversees its development. Fabio Panetta, a member of the board of directors of the European Central …

Angelo Gordon and Urban landscape partners sealed a $ 231 million condo inventory loan for 8899 Beverly, an ultra-luxurious project in the heart of Los Angeles’ Westside, may first report Commercial Observer. German Bank provided the first mortgage, while Starwood Real Estate Trust provided a mezzanine loan as part of …

– Legal & General Investment Management (LGIM) has announced that it will be divesting four new companies due to their approach to climate change, reported Investment week. The UK asset manager said the Industrial and Commercial Bank of China, AIG, PPL Corporation and China Mengniu Dairy had crossed red lines …

Bank of America wants all of its vaccinated employees to return to the office after Labor Day in September, joining a wave of competitors who have started doing the same after more than a year of working mostly remotely. CEO Brian Moynihan told Bloomberg Television on Thursday that he expects …

Columbus, Ohio and DETROIT, June 16, 2021 / PRNewswire / – Huntington Bancshares Incorporated (Nasdaq: HBAN) today announced a new strategy to address social, racial, environmental and economic inequalities on its footprint by committing to 40 billion dollars towards its new community plan. The plan will help improve financial opportunities …

Verizon wants to help improve children’s financial literacy. Sarah Tew / CNET Verizon has announced a new initiative to help improve children’s financial literacy, helping them save, earn, and spend wisely with a Visa Prepaid card and app. Verizon Family Money will include a expense account and savings safe, with …

WASHINGTON – President Biden on Tuesday announced his long-awaited first slate of ambassadors, including his candidates for key positions in Mexico, Israel and NATO, as he made his first overseas trip since his input function. Mr Biden also named Chesley B. Sullenberger III, the pilot who made a water landing …