The U.S. Export-Import Bank plans "aggressive" measures to restore its standing in the business community and to bump up credit volumes running at roughly a quarter of their levels from 2014 before it was hobbled first by Congress and then a global pandemic, the bank's new.
Funding Societies, a Southeast Asian digital financing platform, has raised $144 million equity in a funding round led by SoftBank Group Corp's SoftBank Vision Fund 2, as it expands in one of the fastest growing digital markets.
Turkey's authorities are working on possible relief measures for banks caught between a currency crash and existing capital requirements, including a potential capital injection for state banks, according to three sources familiar with discussions.
The Spanish economy could be hit by supply bottlenecks, rising inflation and a surge of COVID-19 in Europe, prompting a slight downward revision of growth forecasts in the fourth quarter and early 2022, Bank of Spain Governor Pablo Hernandez De Cos said on Tuesday.