Brazil's Nubank has reached 70 million clients across its three operating countries, Latin America's largest financial technology company said on Monday.
Bank of Nova Scotia said on Monday it appointed Scott Thomson to succeed Chief Executive Officer Brian Porter, at a time when the Canadian banking sector is struggling with market turmoil and rising interest rates.
Banks' ability to cope with rising global interest rates and the resilience of their retail divisions to market shocks will be under scrutiny in this year's "stress test", the Bank of England said on Monday.
Crispin Odey, one of Britain's best-known hedge fund managers, has made a killing this year by wagering against British government bonds, with his firm's main fund up 145% in 2022 after shorting long-dated UK debt, sources said on Thursday.
Lebanon's banks will reopen on Monday, the banking association said, after five days of closure following a wave of holdups in the country by depositors seeking access to their frozen savings.
Hedge funds around the world fled positions in energy stocks, bonds and futures last week just in time to miss this week's whipsaw moves in oil, according to data from two banks.
Credit Suisse's top two executives have told staff the bank is working to establish a stronger franchise in the longer term, according to a memo seen by Reuters on Saturday, amid uncertainty over a global review of its operations.
Voyager Digital Ltd Chief Financial Officer Ashwin Prithipaul is preparing to step down from his role within months of his appointment at the crypto lender that filed for bankruptcy in July.
Monte dei Paschi di Siena is likely to launch its up to 2.5 billion euros ($2.4 billion) rights issue on Oct. 10 provided the state-owned bank has secured support from cornerstone investors by then, two people close to the matter said on Friday.
A top Lebanese banker on Friday criticised politicians for failing to enact a capital control law, saying this was the way to avoid bank raids by savers demanding funds from frozen accounts and to stop banks' "discretionary practices".
