Latest articles from Databank

Sacking of Turkish central bank chief rattles markets

March 22, 2021

Naci Agbal's dismissal triggers currency slide and raises questions about direction of economic policy. 

Turkey banks

Citigroup Revlon blunder costs millions in profits

March 15, 2021

Fallout from an accidental transfer of almost $900m in August 2020 has caused Citi to slash its fourth-quarter earnings by $323m. 

Citigroup

Lebanon’s economic woes leave banks in limbo

March 8, 2021

Record low for the country’s currency in early March sparked angry protests, and there is little sign of improvement on the horizon.

lebanon banks

'Fear index' hit a record high in 2020

March 1, 2021

The Vix, which measures volatility in the S&P 500, hit a peak in March 2020 and remained elevated throughout the year. 

vix teaser

Ulster Bank confirms withdrawal from Ireland

February 22, 2021

Withdrawal of country's third-largest retail bank will see banking provision concentrated further. 

irish banks

Nine banks take up ECB capital relief measures

February 8, 2021

While European banking sector remains resilient, Covid-19 credit risks still pose challenges.

eurozone staff teaser

Commerzbank to slash branch network

February 1, 2021

Germany’s second largest bank plans to near-halve its branch network and cut workforce by a fifth. 

commerzbank

Sustainable finance bond issuance hit all-time high in 2020

January 25, 2021

Record total driven by a significant increase in 'social and sustainability' fixed income issuance.

bonds chart

Saudi Arabia steps up efforts to reboot economy

January 18, 2021

Gulf kingdom reportedly seeking to snatch multinationals from Dubai, as sovereign wealth fund ramps up investment.

Saudi banks

Global investment banks outlook ‘stable’ for 2021

January 4, 2021

The world’s largest investment banks are in a relatively strong position to handle any further economic headwinds, according to Moody's.

inv banks teaser

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