 | | | | Southeast Asia and Latin America are strong growth regions for Mastercard after its withdrawal from Russia in March and India's 2021 ban on it from issuing new cards, the company's co-president for international markets said. | | | | | | Financial inclusion levels in Mexico have worsened since 2018, official statistics show, despite a burst of financial startups hoping to 'bank the unbanked'. | | | | | | Royal Bank of Canada , Toronto-Dominion Bank and Canadian Imperial Bank of Commerce (CIBC) reported diverging second-quarter performances on Thursday with the former two comfortably beating expectations while the latter missed, all driven largely by provisions for credit losses (PCLs). | | | | | | Russian lender Sberbank on Wednesday said its online banking systems SberBusiness and SberPro have been deemed fully compatible with Astra Linux, a Russian-made operating system. | | | | | | Britain's accounting watchdog said on Tuesday it has fined KPMG 3.3 million pounds ($4.16 million) over the company's audit of aero engine maker Rolls-Royce more than a decade ago. | | | | | | Barclays has fired the starting gun on a 1 billion pound share buy-back programme aimed at reducing its share capital after refiling accounts with U.S. authorities on Monday. | | | | | | French lender Societe Generale will name its new chief executive by autumn, Chairman Lorenzo Bini Smighi said in an interview with Italian daily Il Sole 24 Ore published on Tuesday. | | | | | | Swedish payments company Klarna will lay off about 10% of its 7,000 employees, it said on Monday, as rampant inflation and the war in Ukraine have worsened business sentiment. | | | | | | The European Commission and EU governments are not doing enough to prevent the misuse of the bloc's money, auditors said on Monday, warning that fraudulent or corrupt businesspeople may receive funds because too few of them are blacklisted. | | | | | | Barclays has promoted Gonzalo Ardura to lead its investment banking business in Spain, replacing Nacho Moreno who left the British bank last week to join Credit Suisse . | | | | | |
