Friday, May 24, 2019

Citigroup profit beats on investment banking boost

London: Citigroup Inc reported a better-than-expected quarterly profit, boosted by a surge in investment banking revenue and lower expenses. Investment banking revenue rose 20...

Khushhali Bank goes live with world’s leading core banking system

Karachi: Khushhali Microfinance Bank Limited, the largest microfinance bank in Pakistan, announced that they have gone live with the world’s leading Core Banking System...

ADB boosts efforts for good governance, transparency

ISLAMABAD: The Asian Development Bank (ADB) is intensifying ongoing efforts to promote good governance among its developing member countries (DMCs), according to the Office...

SBP report paints grim picture of agri sector

LAHORE: The agriculture sector is in trouble as the government admits that the sector cannot grow more than 1.9 per cent in the current...

Banks face cyber security, data privacy challenges

KARACHI: Experts during a seminar said that challenges including cyber security issues, social media, data privacy and third party risks have emerged strongly though...

Facebook adds user-control feature for News Feed

SAN FRANCISCO: Facebook has introduced a new feature titled "Why am I seeing this post" to help users understand and control the kind of...

Deutsche Bank merger puts 10,000 Frankfurt jobs at risk

LONDON: London’s Brexit exodus was supposed to boost the number of finance jobs in Frankfurt. Now, a potential merger between Deutsche Bank AG and...

Bank of Japan gloomier on economy but maintains policy

TOKYO: The Bank of Japan issued a more downbeat assessment of the world's third biggest economy Friday, as a broader global slowdown impacts exports...

World Bank, ADB high-ups informed of Pak uplift targets

ISLAMABAD: Special Assistant to Prime Minister on Overseas Pakistanis Syed Zulfikar Abbas Bukhari on Thursday emphasized the need for collaborative efforts to achieve human...

JS Bank accredited by GCF

LAHORE: JS Bank has become Pakistan’s first financial institution to have been accredited by the GCF, the world’s largest climate fund. The Fund aims to...

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