The Russian central bank said Wednesday (March 2) that it will host daily 3 trillion rouble ($28.31 billion) repossession and deposit auctions to help lending institutions across the country “manage their liquidity and keep overnight money-market rates close to its key rate,” according to a...
Colombia-based, short-term lending startup RapiCredit is in talks with business groups in Brazil and the Caribbean about expanding into those regions, The Rio Times reported Wednesday (March 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The European Union might trim seven Russian banks from SWIFT, the international messaging system used to process payments, according to documents seen by POLITICO Tuesday (March 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
China is opposed to unilateral financial sanctions against Russia and will not join Western countries in imposing them, the head of the country’s banking and insurance regulator says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The multibillion-pound sale of U.K. drugstore Boots has been derailed after a possible buyer walked away and several bidders raised concerns about financing a deal in the midst of Russia’s invasion into Ukraine, Financial Times reported Tuesday (March 1). Get the Full Story Complete the...
The CEO of Austria’s Raiffeisen Bank, which has seen its market price halved in the last few weeks because it had a lot of exposure to Russia, doesn’t plan to pull out of the country in the wake of the recent war, Financial Times reported...
In today’s top Europe, Middle East and Africa news, the U.K.’s broadcasting watchdog is investigating a Russian-backed TV station over alleged bias in its coverage of the Ukraine invasion, while payments platform Payhawk has become Bulgaria’s first unicorn. Get the Full Story Complete the form...
The United Kingdom’s media watchdog is investigating the Russian-backed TV station over alleged bias in its coverage of the Ukraine invasion, the agency announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
