Covid-19 relief funding has encouraged significant numbers of unbanked Brazilians, including smallholder farmers, to open bank accounts.
The government’s ‘Greece 2.0’ plan sets out ambitious investment goals, and the country’s lenders have a big role to play.
Legislation has spurred female representation on bank boards in a number of developed countries but others still lag behind.
More jurisdictions around the world are levying punishing fines for money laundering breaches, but criminals are always innovating to avoid controls.
Authorities face a delicate balancing act supporting an economy heavily reliant on tourism while keeping Covid-19 under control.
South African Reserve Bank has held rates at record low following 7% GDP contraction in 2020. How will move affect bank profitability?
Total financial services capital investment into South Africa rose 41% last year, while Nigeria saw a 57% drop.
Fallout from an accidental transfer of almost $900m in August 2020 has caused Citi to slash its fourth-quarter earnings by $323m.