Klarna, the Swedish fintech giant known for its buy-now, pay-later services, has filed for an initial public offering on the New York Stock Exchange, targeting a valuation of at least $15 billion.
European Central Bank (ECB) board member Piero Cipollone has voiced support for further interest rate cuts, citing signs that inflation across the eurozone is easing faster than previously expected. His comments come
Deutsche Bank has announced plans to cut approximately 2,000 jobs this year as part of a broader strategy to streamline operations and improve profitability in its retail banking division. The reductions will
Western Alliance Bank has confirmed a cybersecurity breach that compromised the personal information of approximately 21,899 customers. The breach resulted from a zero-day vulnerability in third-party file transfer software, exploited between October
Crédit Mutuel Alliance Fédérale, one of France’s largest cooperative banking groups, has announced the acquisition of Oldenburgische Landesbank AG (OLB) through its subsidiary, TARGO Deutschland GmbH. This move strengthens its position in
The Bank of England (BoE) has decided to keep its benchmark interest rate at 4.5 percent, maintaining a cautious stance amid persistent inflation and global economic uncertainties. The Monetary Policy Committee (MPC)
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The Bank of Japan (BOJ) has decided to maintain its short-term policy interest rate at 0.5 percent, citing concerns over global trade tensions and their impact on Japan’s export-driven economy. This decision
