China’s largest commercial banks lag far behind in gender balance in top positions

Industrial Commercial Bank of China is one of six state-owned banks in the country that … [+] collectively lagging behind in gender balance in top positions, according to figures from Deloitte. Photographer: Brent Lewin / Bloomberg © 2019 Bloomberg Finance LP China’s largest state-owned commercial banks may have featured in the top ranks of the Forbes Global 2000 annual ranking …

Comparison of investment banks and commercial banks

Investment banks and commercial banks represent two divisions of the banking industry, and each type provides significantly different services. Investment banks speed up the buying and selling of bonds, stocks, and other investments, and help companies make initial public offerings (IPOs) when they go public and sell stocks for the market. first time. Commercial banks act as managers of deposit …

Domestic credit of Qatar’s commercial banks jumps 11.21% to QR 1.11 billion in April

Local currency credit from Qatar’s commercial banks to semi-government entities and the government sector as well as foreign currency credit to the real estate sector significantly exceeded the overall year-on-year domestic credit expansion in April, according to the report. central bank data. .Foreign currency credit to government institutions, semi-government institutions, general services and industry was found to be higher than …

Qatar’s commercial banks show robust growth in public sector credit

Qatar’s commercial banks saw robust double-digit growth in public sector credit and domestic debt, with their total assets reaching QR 1.75 billion in April, according to central bank data.Data from the Central Bank of Qatar (QCB) also highlighted that government debt and sukukes were down, while that of banks was up in April 2021.Robust growth in domestic and foreign assets …

Cryptocurrency custody gives commercial banks a foothold in the market

Custody isn’t the most compelling corner of the crypto ecosystem, but 21st century solutions for the storage and custody of digital assets are essential if cryptocurrencies are to be adopted at scale. For this reason, the recent announcement by Cowen Inc. that the 103-year-old U.S. investment bank wants to hold cryptocurrencies on behalf of asset managers and hedge funds is …

Commercial banks might not dodge CBDC disruptions

While carefully avoiding anticipating the findings of his new central bank digital currency task force, Sir Jon Cunliffe, Deputy Governor, Financial Stability, Bank of England, declined to worry about the disruption potential that the introduction of the CBDC could cause to UK businesses. banks. “They have already had to reinvent their business models,” he said at a public conference organized …

CEMAC: Commercial banks and their primary dealers hold 93.7% of government securities

(Business in Cameroon) – At the end of 2020, 93.7% (XAF 3,021.2 billion) of government securities issued by CEMAC countries were held by commercial banks operating in this sub-region and their primary dealers. The remaining 6.3% was held by institutional investors (5.6%) and individuals (0.6%). The data show a pronounced appetite of commercial banks for government securities from CEMAC countries, …

Commercial banks are “digital children”

Compared to the digitalization of retail banking, commercial banking is still in its digital infancy and Australian commercial banks are even further behind their international peers. Accenture has released its 2021 Commercial Banking Top Trends report, which indicates that the business divisions of Australian banks are most vulnerable to competition from fintechs and big techs due to widespread underinvestment. Chris …

RBI allows commercial banks to pay up to 50% of pre-Covid dividends

Archive photo of the Reserve Bank of India logo. The revised RBI circular provides that commercial banks can pay up to 50% of what they could before COVID. PTI Last update:April 23, 2021, 07:44 IST FOLLOW US ON: The Reserve Bank on Thursday authorized commercial banks to pay dividends for fiscal year 21, subject to certain conditions and limits. The …