More: Banking
War Pushes Russia Toward Banking Crisis, Report Warns
Russia faces a significant risk of a banking crisis due to the pressure on lenders from the ongoing war economy, according to a recent...
Freedom Holding Corp. Positions SuperApp as the Core of Its Ecosystem
Nasdaq-listed fintech group Freedom Holding Corp. ended fiscal year 2026 with record revenue and a doubling of net profit. At the same time, the...
Hong Kong Banks, Insurers Face Beijing Investment Crackdown
China's recent crackdown on cross-border investments poses challenges for banks, insurers, and wealth managers in Hong Kong that rely on mainland clients. In May,...
Kremlin Dismisses New EU Sanctions on Russian Banks
The Kremlin dismissed the idea of new European Union sanctions on its banks, stating they have been under sanctions for a long time and...
EU Unveils 21st Sanctions Package on Russia, Targets Banks
The EU has proposed a new package of sanctions against Russia, aimed primarily at its banks, cryptocurrency networks, and drone production in response to...
Financial Brief: A Weekly Roundup on the Geopolitics of Money | June 02
EXECUTIVE TAKEAWAYS
Brazil tariff threat escalates. Washington proposes 25% duties under Section 301, signaling trade enforcement is expanding beyond China into Latin America.
China tech surges....
What Happens Behind the Scenes of an Online Payment Transaction
You click “Pay Now.” A second or two later, a confirmation screen appears. From the customer’s perspective, that’s the whole story. Behind it, though,...
Financial Brief: A Weekly Roundup on the Geopolitics of Money | May 26
EXECUTIVE TAKEAWAYS
Peace talk optimism fades quickly. Dollar steadied and oil climbed back above $97 after a brief rally on Iran deal hopes, as Rubio...
Financial Brief: A Weekly Roundup on the Geopolitics of Money | May 19
EXECUTIVE TAKEAWAYS
Trump pauses Iran strike, markets bounce cautiously. Dollar steadied and Australian shares rose 1% after Trump delayed military action, though oil is still...
Financial Brief: A Weekly Roundup on the Geopolitics of Money | May 05
EXECUTIVE TAKEAWAYS
The S&P 500 fell from record highs after a South Korean ship exploded in the Strait of Hormuz, while oil held above $100...