Bogota Financial Corp. announced that its subsidiary, Bogota Savings Bank, underwent a balance sheet restructuring in the fourth quarter of 2024 through two significant transactions. The Bank ...

The lender would reorganise its banking and technology divisions, a move expected to remove “duplicate” roles.

All transactions of Atos’ accelerated safeguard plan have now been implemented, resulting in: A more sustainable capital structure with €2.1 billion gross debt reduction Additional liquidity thanks to ...

Metro Bank has begun another round of redundancies, marking the third such move in as many years, as it seeks to reduce costs, reported the Financial Times. Around 100 employees have been told their ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The layoffs follow a nearly 5% ...

First-generation private lender National Bank has formally sought government approval to commercially lease one of the two ...

The Bangladesh Bank has extended a one-time loan settlement facility to borrowers of non-bank financial institutions (NBFIs) whose businesses have become distressed due to “circumstances beyond their ...

TD Bank, one of Canada’s financial institutions, has revealed plans to reduce its workforce by approximately 2%, affecting around 2,000 employees, as part of a broader restructuring effort focused on ...

May 14 (Reuters) - Restructuring Venezuela's sovereign debt and ⁠that ⁠of state oil firm PDVSA will ⁠bring the country "out of the shadows" of the global financial system, interim Central Bank ...