European banks’ financial performance was mainly in line with our base-case expectations, with the results from fourth-quarter 2024 broadly confirming trends that had been at play since 2023. We did not take any negative rating actions immediately after the publication of fourth-quarter earnings results (see “European Banks Power Through Uncertainties,” published today). Major banks’ results […]
IBOS Association (IBOS), an international banking network, is delighted to announce its newest member, Axis Bank Ltd, based in Mumbai. Since its launch in 1994, IBOS has developed into a global banking and cash management alliance, with its member banks now providing geographic coverage to clients across the globe. This addition expands IBOS’ geographic coverage […]
What: Trade mission to connect women-led businesses from 10 countries across five sectors with companies in the United Kingdom When: 10 – 12 February 2025 Where: Manchester, United Kingdom (Manchester) – On 11 February, 50 women-led businesses from Africa and Asia will engage in business-to-business meetings with United Kingdom companies at Greater Manchester Chamber of […]
NextGen data-driven core banking engine SaaScada today announced it was selected by ARIE Finance to power its international payment service for mid-sized B2B businesses. ARIE Finance aims to be the first B2B company with a PSP license in Mauritius and will act as a payment gateway into Africa’s complex but lucrative market. ARIE Finance’s banking platform will specialise in […]
Viva.com solidifies its position as a technologically advanced financial institution for businesses across Europe through the absorption of Viva Payments by Viva Βank, both companies of Viva.com Group. The legal merger is expected to be completed shortly, followed by the operational merger by March 2025. As a result, Viva.com expands its offering to also provide […]
The Canadian government will hit back at US President Donald Trump’s trade tariffs with retaliatory tariffs of their own, supported by the new Canada US Relations Council, say leading audit, tax and business advisory firm, Blick Rothenberg. Melissa Thomas, head of Canada Desk at the firm, said: “While in the Oval Office on Monday, Donald […]
Business interruption is the biggest worry for Asian companies in 2025, according to the Allianz Risk Barometer. Cyber incidents such as data breaches or ransomware attacks, and IT disruptions, such as the CrowdStrike incident, are also a main concern for companies of all sizes, ranking #2. After another heavy year of Natural catastrophes activity in 2024 this peril remains. The top three […]
Close to 90% of small and medium enterprises (“SMEs”) participating in the SME ESG Charter 2024 (“ESG Charter 2024”) have acknowledged that they have benefited from enhanced brand image, reflecting the significance of the ESG Charter 2024 jointly launched by Dah Sing Bank, Limited (“Dah Sing Bank” or “the Bank”) and the Hong Kong Small […]
The effects of president-elect Trump’s proposed policy mix – of tax cuts and spending efficiencies, tariff increases, removal of illegal immigrants, and deregulation –are likely to tip the US economy into recession, according to the latest research by the National Institute of Economic and Social Research. In a worst case scenario, where immigrant expulsions are […]
Perwyn, a leading European private equity investor focused on building and transforming mid-market businesses, is delighted to announce that the accounting firms Cabinet Jacques Rozenbaum (based in Paris) and Audit Conseils (based in Alsace) have joined Keobiz and Kerogo Services to create Kerogo Finance. Kerogo Finance is a leading accountancy group with diversified brands and […]
