The European Union (EU) has announced plans of cutting off Russia’s largest bank, Sberbank, from the SWIFT international payment system. In a speech delivered on Wednesday, European Commission President Ursula von der Leyen said they will “de-SWIFT Sberbank” including two …
Investigators from Frankfurt’s public prosecutor’s office searched the offices of Germany’s largest lender Deutsche Bank on Friday, focusing on the bank’s anti-money laundering efforts. Officers from the BKA federal police, the financial watchdog BaFin and the prosecutor’s office in Frankfurt …
UK bank HSBC allegedly edited out portions of its’ analyst’s research publications that excluded references to a “war” in Ukraine. According to a report by The Financial Times (FT) quoting two unidentified people, HSBC committees that review all externally published …
The Philippine central bank held its key interest rate on Thursday in a bid to continue supporting economic recovery from the COVID-19 pandemic, but not without flagging high inflation risks. The Bangko Sentral ng Pilipinas (BSP) kept its rate on …
Coinbase announced it has blocked more than 25,000 addresses in Russia that were reportedly linked to illegal activities. “Over the past few weeks, governments around the world have imposed a series of sanctions against individuals and territories in response to …
The European Central Bank has prepared banks for a possible Russian-sponsored cyber attack as tensions with Ukraine continue to rise. According to reports, the European Central Bank, led by former French minister Christine Lagarde and has oversight of Europe’s biggest …
A British fintech company, Starling Bank, has said it is boycotting Facebook and Instagram advertising platforms to protect its customers from scammers. Starling Bank Chief Executive Anne Boden said the boycott was for the lack of action of Meta, parent …
The Bank of Korea (BOK) will continue to adjust toward pre-crisis policies in line with economic recovery and to keep an eye on the risk that high inflation lasts longer, according to Governor Lee Ju-yeol. Lee said in a new …
The value of the joke cryptocurrency coin shiba inu (SHIB) surged by 50 percent in just 24 hours and is now battling dogecoin (DOGE) for the ninth spot in the list of top digital assets by market capitalization. SHIB reached …
Amazon has announced that it would no longer accept Visa credit cards issued in the United Kingdom as of January 19, 2019.
