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Top News In Bnks Today - Breaking & Trending Today

Turkey limits credit card use for foreign travel, tourism sector takes a blow

Turkey's banking watchdog restricts credit card use for foreign travel, hurting the tourism sector and curbing currency outflows. ....

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Swedbank profit exceeds forecast as real estate slump leaves scant mark

Swedish banking group Swedbank reported a bigger-than-expected rise in net profit on Tuesday on the back of higher interest income, and said its credit quality was solid as loan impairments fell sequentially in the second quarter. ....

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El Salvador arrests more than 100 Colombians in financial scheme

Salvadoran police arrested more than a hundred Colombians for their alleged involvement in operating a microfinancing scheme that laundered money from drug running and gang activities, security officials said on Monday. ....

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Factbox: Corporate debt woes are on the rise

From Britain to Sweden and France, debt-laden firms are starting to feel the strain from high inflation and interest rates. ....

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Exclusive: China's CITIC to move dozens of Hong Kong bankers to mainland to cut costs -sources

China's CITIC Securities plans to move dozens of bankers from its offshore platform CLSA in Hong Kong to the mainland to cut costs and meet Beijing's call to bridge income inequality in the financial sector, people with knowledge of the matter said. ....

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