GENEVA (AP) — The Swiss government Wednesday announced steps to bolster its “too big to fail” rules aimed at avoiding potentially disastrous fallout from banking sector turmoil after woes last year at Credit Suisse before it was taken over by rival UBS.
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The role reductions follow a tranche of branch closures announced last year as the group said the way customers are choosing to do their banking has changed “rapidly” in recent years. The overhaul will also see the banking giant create 830 roles
Nigeria’s president on Monday suspended the country’s minister of humanitarian affairs and poverty alleviation over the use of a private bank account for ministry financial transactions in the government’s social welfare program. Betta Edu was suspended with immediate effect while Nigeria’s anti-corruption
You might think that using your fingerprint or face to unlock your phone is more secure than using your PIN. But you could be wrong. Hackers have developed sophisticated Android malware that can disable your biometric security and steal your PIN and
Littler’s main focus though will be to return later this week and continue to take the tournament by storm. He is determined to go as far as he can, insisting he has “nothing to lose”. He said: “Everyone on social media says,
Climate change policies are increasingly likely to have an impact on inflation over the next two to three years, a top Bank of England policymaker has warned. Climate change and countries’ different approaches to combat it are likely to boost inflation and
Nigel Farage has delivered an ominous warning that the next battle against Marxist cancel culture will come in 2030, and said freedom lovers must begin the fightback now in order to have any chance of rolling back big government and big banks.
A banking boss says the world could be facing “the most dangerous time…in decades”. Jamie Dimon, the chief executive of JP Morgan Chase told investiors he was concerned about the risks rising geo-political tensions could pose to the economy. He said wars
China’s potential economic meltdown, with its £2.4trillion banking system under threat, has “definite spillover potential” for the UK, a banking expert has warned. Tax consultant Bob Lyddon was speaking after the UK stock market slumped yesterday as a result of concerns about