Italian lender Banca Ifis has launched a €298mn tender offer to acquire its domestic rival Illimity Bank. The offer, launched on Wednesday, values Illimity shares at €3.55 each, representing a 5 per ...
An increasing number of banks have a diversity and inclusion lead at the C-suite level. Fewer banks, however, adopt the practice of having a chief of diversity to work alongside them for a fixed ...
Among the new economic initiatives recently rolled out is a new securities exchange, the Ethiopian Securities Exchange, or ESX, planned for launch on January 10. For decades, Ethiopia’s financial ...
Morgan Stanley, Citigroup and Bank of America have joined other Wall Street lenders in exiting the Net-Zero Banking Alliance, as banks dial back their public climate targets ahead of US ...
European investors were more receptive to the bonds, though the thin equity backing made the deal harder to sell into the loan market. The secured ratings included an investment grade BBB– from Fitch, ...
In conversation with: Aimen Kallala, assistant general manager and head of strategy & analytics at Commercial Bank of Qatar. From online payments and generative AI to worldwide opportunities, discover ...