Indian fintech platform Cred, backed by Tiger Global and Peak XV, has become the first non-bank entity to offer access to India’s central bank digital currency (CBDC), the e-rupee. The Reserve Bank
Contemporary Amperex Technology Co. Ltd. (CATL), the electric vehicle battery giant, is set to raise over $5 billion through a high-profile Hong Kong listing. While the deal promises a much-needed boost to
As the Federal Reserve prepares for its first meeting of 2025, tensions are rising between the central bank and President Donald Trump, who has made clear his desire for lower interest rates.
U.S. regulators face mounting pressure to streamline the process for authorising new banks, as a coalition of legal experts urges reform to foster competition and adapt to the fintech-driven transformation of the
JPMorgan Chase & Co. has announced the promotion of Nitin Maheshwari and Ravi Shankar as co-heads of investment banking for India. The move follows the departure of Navin Wadhwani and signals the
The Bank of Japan (BOJ) has raised its key policy rate to 0.5%, marking the highest level since 2008, as it adopts a firmer stance on inflation amid signs of economic resilience.
The Solana blockchain has experienced remarkable growth over the past year, with its total value locked (TVL) skyrocketing from $1.4 billion to $9.77 billion, representing an approximate 600% increase. This surge has
In a bold move that could redefine Italy’s banking landscape, Banca Monte dei Paschi di Siena (Monte Paschi) has launched an unexpected €13.3 billion bid to acquire its larger rival, Mediobanca SpA.
The Bank of Japan (BOJ) is anticipated to raise its benchmark interest rates as the country grapples with persistent inflationary pressures. Analysts suggest the move signals a pivotal shift in Japan’s monetary
Commerzbank has officially labelled UniCredit’s proposed acquisition bid, branding it as a “hostile move” aimed at undermining Germany’s financial independence. The German bank’s response comes amid reports of UniCredit, the Italian banking
