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Asia-Pacific: Economic Growth Taking Off

Global Finance

The region is set to drive global economic growth, powered by its population and tech sector. The Asia-Pacific region (APAC) will lead global economic growth over the next 15 years thanks to several factors, some of which are already manifest and some of which have yet to emerge. billion citizens to 4.6

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Citi Taps Khaliq To Lead Treasury And Trade Solutions

PYMNTS

Citi has named Shahmir Khaliq as its new head of Treasury and Trade Solutions (TTS), according to an internal memo from Paco Ybarra , global head of Citi’s Institutional Clients Group (ICG), which noted that the appointment is effective immediately. He rejoined Citi Pakistan (Banking) in 1995.

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Top Banks In Singapore

Global Finance

Formerly a British colony, Singapore turned to its banks to power its economic growth and transformation after becoming a sovereign country in 1965. Banks provided credit to businesses and entrepreneurs, financed infrastructure projects, and fostered financial inclusion.

Banking 52
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Bitcoin Daily: UK Gov’t Forms Crypto Economic Crime Plan; South Korea Credit Card Firm Gets Blockchain Patent

PYMNTS

government has developed a plan that aims to fight financial crimes, including “action on crypto-assets.”. The Economic Crime Plan from H.M. Treasury and the Home Office wants to change the way economic crime is handled by boosting cooperation between government, law enforcement and the private sector. “To

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CFOs Take A Macro View Of The Future

PYMNTS

The CFOs and treasurers throughout the globe are popping their bubbles when it comes to economic outlook. According to “ Managing Risk in Challenging Economic Times ,” released earlier this month, the majority of CFOs admit that they struggle to stay on top of how quickly the macroeconomic environment is changing.

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SWIFT Disconnects From Iran’s Banks

PYMNTS

It made the decision, according to a statement, “in the interest of the stability and integrity of the wider global financial system.” brought back financial and other sanctions against Iran, which in turn came after the U.S. SWIFT said the decision was a “regrettable” one. That decision came after the U.S. political influence.

Banking 81
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Venezuela Considers Russian Payments System As SWIFT Alternative

PYMNTS

sanctions against Venezuela have largely isolated the troubled nation from the global financial system, while also damaging financing. Department of the Treasury recently announced sanctions against a Moscow-based bank because it helped finance Petro. But the U.S. Mnuchin at the time.