European Central Bank interest rate hikes are likely to peak out by the end of summer, but the more important issue now is how long rates stay elevated than the exact level, French ECB policymaker Francois Villeroy de Galhau said on Monday.
U.S. crypto firm Ripple has bought Switzerland-based crypto custody firm Metaco for $250 million, in its first major acquisition, Ripple said on Wednesday.
Colombia's Grupo Aval expects return on average equity (ROAE) to be in the 10-10.5% range in 2023, an executive for the financial conglomerate said Thursday, down from the 11%-12% range it previously guided.
Indonesia's payment system is safe and reliable for transactions, and financial regulators would continue to ensure payment service providers meet regulatory standards, the central bank said in a statement on Wednesday.