Financial Services

13 Articles
EconomyWorld

American Express Raises Revenue Forecast as Affluent Spending Remains Strong Despite Market Concerns

American Express delivered a stronger than expected performance in the second quarter, surpassing profit estimates and lifting its full year revenue forecast as...

Economy

Benoît Elvinger Wins ECB Approval to Lead Luxembourg’s Spuerkeess Bank

Luxembourg's largest bank is set to enter a new chapter as the European Central Bank gave its official blessing to Benoît Elvinger as...

Economy

UK Banks Expand Debanking Powers as Independent Media Faces Account Closures

British banks are preparing to share customer data in ways that could permanently exclude thousands of people from the financial system, raising fresh...

Economy

Nigeria’s Asset Management Industry Set for Major Consolidation, Says Pathway Asset Management Founder

The Founder and Director of Pathway Asset Management, Adekunle Alade, has said that Nigeria’s asset management sector is heading toward a major structural...

Economy

First Bank Sponsors GTR West Africa 2026 Conference in Lagos to Boost Regional Trade

First Bank of Nigeria has announced its sponsorship of the Global Trade Review West Africa 2026 conference scheduled to take place this week...

Economy

FG Probes Loan Apps Over Data Privacy Violations Targets ‘Sharp Sharp’ Operators

The Federal Government has launched an investigation into the activities of so called sharp sharp loan operators over alleged violations of customers’ data...

Economy

UBA Employs Over 700 Young Graduates to Tackle Youth Unemployment Across Africa

The United Bank for Africa has reaffirmed its commitment to addressing youth unemployment across Africa with the successful recruitment of more than 700...

Economy

Unity Bank and Providus Bank Merger Progresses Smoothly After Regulatory Approvals

The proposed merger between Unity Bank Plc and Providus Bank Limited is moving steadily, following strong shareholder approval and key regulatory endorsements. The...

Economy

Access Bank Bidvest Bank Acquisition Collapses After Deadline Expires

Access Holdings Plc has confirmed that its banking subsidiary Access Bank Plc was unable to complete its proposed acquisition of a 100 per...