Twenty of the world's largest banks laid off more than 60,000 employees in 2023
Dec 26, 2023, at 11:14 pm
Twenty of the world's largest banks laid off more than 60,000 employees in 2023, marking one of the worst years for job cuts since the 2007-2008 financial crisis, the Financial Times newspaper reported on Tuesday.
Kenyan banks swamp debt market as COVID-19 slows down economic activities
Jul 10, 2020, at 10:50 pm
Nairobi/Xinhua: Kenya's short-term government securities received the highest subscription in history this week as banks swamped the debt market with bids amid reduced economic activities due to the COVID-19 pandemic.
Banks, UN set standards on channelling investments for sustainable development
Feb 01, 2017, at 04:49 am
New York, Jan 31 (Just Earth News): Nearly 20 leading global banks and investors, totalling $6.6 trillion in assets, have launched a United Nations-backed global framework aimed at channelling the money they manage towards clean, low carbon and inclusive projects.