Uzbekistan's UZCARD system has suspended the processing of payments via Mir cards issued by Bank of Russia's National Card Payment System (NSPK), the chief executive of which has been targeted by U.S. sanctions.
Bank of Ireland became the first Irish lender to return to full private ownership since the aftermath of the 2008-09 global financial crisis after the government said on Friday that it had sold the last of its shares.
Capital controls and currency intervention are among tools emerging Asian policymakers can use if rapid U.S. interest rate hikes and a surging dollar risk triggering a debt crisis, Asian Development Bank President Masatsugu Asakawa said on Friday.
Russia's banks have lost an estimated 1.5 trillion roubles ($25.5 billion) as a result of the fallout from the conflict in Ukraine, a central bank official said on Friday.
Credit Suisse is sounding out investors for fresh cash, two people familiar with the matter said, approaching them for the fourth time in around seven years as it attempts a radical overhaul of its investment bank.
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Societe Generale , which is seeking a new chief executive, said on Friday two senior female executives would be stepping down before the end of the year.
Swiss private bank Union Bancaire Privée (UBP) is back in Chinese markets, its chief investment officer said, making its way back to the world's second-largest economy after withdrawing last year.
Indian banks may be forced to compete harder to boost deposits amid tightening liquidity and rising credit demand ahead of the festive season, analysts warned.
India's Mahindra and Mahindra Financial Services (MMFSL) said on Friday its monthly vehicle recovery would temporarily fall by about 75%, a day after the country's central bank directed the company to stop using third-party services for repossessions.
The Inter-American Development Bank's board of directors voted unanimously on Thursday to recommend firing President Mauricio Claver-Carone after an independent ethics investigation found misconduct, three sources familiar with the vote said.
