Bank of England
Bank of England is the official central bank of the United Kingdom.
Weekly Global News Wrap: US to bar Russian bond payments through US banks; England warns profit hit should banks fail to take climate action
Weekly Global News Wrap: US to bar Russian bond payments through US banks; England warns profit hit should banks fail to take climate action
And Barclays identifies material weakness in the internal control process.
Weekly Global News Wrap: Bank of England scraps pandemic curbs on dividends; JPMorgan posts jump in Q2 earnings
And four global banks to launch a pilot platform on voluntary carbon credits.
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1. HSBC unveils invitation-only Privé World Legend Mastercard 2. OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business 3. Standard Chartered sets up AI lab to test banking use cases 4. OCBC Q1 profit rises 5% to $1.97b on fee gains 5. CIMB Thai sells auto financing portfolio to KrungsriResource Center
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CEO Phlaphongphanich said the industry is measuring the wrong things.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance