Global Business Network
The Banker Portfolio encompasses: An essential and trusted resource providing economical and financial intelligence for the world’s financial sector; premium editorial excellence striving to stimulate and inform Detailed regulatory and policy insight for the banking and securities market, analysing the major rules from the formulation stage and explaining their aims and likely impact on a … Read more
The European Commission set out an ambitious package of legislative proposals on July 20 outlining how the bloc plans to step up its efforts to tackle financial irregularities following a series of scandals. The measures include the establishment of a new anti-money laundering authority (AMLA) that will have direct supervisory powers and will seek to … Read more
When complete the Temburong Bridge in Brunei will be 30km long  Author: Ti Eng Hui, CEO, Baiduri Bank July 22, 2021 Established in 1994, Baiduri Bank is a full-service bank serving individuals, business, corporate and institutional clients in Brunei – while its wholly owned subsidiaries Baiduri Finance and Baiduri Capital specialise in consumer financing and … Read more
The unparalleled success of Russia’s Mir payments system has protected it against US sanctions, making other governments take notice. Source link
Newly elected president Guillermo Lasso discusses his plans for Ecuador’s battered economy. Source link
Nearly everywhere one looks nowadays – newsrooms, corporate manifestos, and government agendas – climate change has moved from the fringe to centre stage. And central banks, after standing on the sidelines for so long, have recently begun to play a starring role. The Bank of England (BOE), for example, just became the first central bank … Read more
The Banker Portfolio encompasses: An essential and trusted resource providing economical and financial intelligence for the world’s financial sector; premium editorial excellence striving to stimulate and inform Detailed regulatory and policy insight for the banking and securities market, analysing the major rules from the formulation stage and explaining their aims and likely impact on a … Read more
As China looks to expand its economy following the pandemic, returning to the previous model will not work. Changing demographics and consumer habits require new ways to boost growth. Source link
  The broad impact and long duration of the COVID-19 pandemic has dealt a severe blow to Macau’s service-export-oriented economy. Affected by travel restrictions and social distancing measures, GDP fell by more than 50 percent in 2020 and visitor arrivals decreased by 79.6 percent in the fourth quarter. Nowadays, the economy is still on a … Read more
Cloud computing has become a platform for innovation, and banks are becoming comfortable with putting more of their operations on the cloud, leveraging its computing power and agility to provide new insights and value. Source link