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UniCredit Group: UniCredit Group reports first quarter 2021 net income of EUR 893 million, compared to a net loss of EUR 2,652 million in the prior year. At March 31, 2021, the group's total assets amounted to EUR 942 billion. /May 8, 2021/UniCredit Group
BNY Mellon: BNY Mellon Forms New Digital Assets Unit to Build Industry's First Multi-Asset Digital Platform More... /February 11, 2021/BNY Mellon
WesBanco Bank: WesBanco, Inc. announces that its affiliate, WesBanco Bank, has again been named to Forbes magazine's list of the Best Banks in America More... /February 6, 2021/WesBanco Bank
ING Bank: ING Group will release the Q4 2020/FY 2020 results on Friday 12 February 2021 around 7:00 am CET. Press conference will be transmitted live via an audio webcast on our website ing.com /February 6, 2021/ING Bank
Dubai Islamic Bank (DIB): Dubai Islamic Bank has completed the integration of Noor Bank to create one of the largest Islamic banks in the world with total assets exceeding $81 billion. /November 15, 2020/Dubai Islamic Bank (DIB)
UBS: UBS plans to invest USD 200 million in digital ventures – starting with a strategic collaboration with Anthemis, a global venture capital fund with expertise in fintech investing – to accelerate deal flow origination. More... /October 27, 2020/UBS
Huntington National Bank: Huntington Bancshares Incorporated Declares Quarterly Cash Dividends On Its Common And Preferred Stocks More... /October 22, 2020/Huntington National Bank
Financial and Banking News
 How Women Can Impact the Middle Eastern Financial Industry: Layal Haykal Success Story

We’re in the 21st century and women are still mistreated in some parts of the world. Their rights are violated. They don’t have the opportunity to work on equal terms with men. They’re being kidnapped and sold no matter their age. This phenomenon is highly prevalent in the Middle East. The world is evolving from globalization to technological innovations while women there are still repressed and exploited. The same image women had several decades ago hasn’t changed heavily in our present times.

 Citigroup to exit 13 global consumer banking markets, including India and China

Citigroup announced April 15 it will exit 13 international consumer banking markets, shifting its focus to wealth management and away from retail banking in places where it is small.

 In-person GISEC 2021 to spark industry collaboration against cybercrime spike

GISEC, the most influential cybersecurity event in the Middle East and Africa, will provide an in-person meeting point for the cybersecurity ecosystem from 31st May-2nd June at Dubai World Trade Centre (DWTC). 13.04.2021 | Source: Dubai World Trade Centre

 Federally chartered banks can facilitate stablecoin payments, issue their own

The Office of the Comptroller of the Currency (OCC) today published a letter clarifying national banks’ and federal savings associations’ authority to participate in independent node verification networks (INVN) and use stablecoins to conduct payment activities and other bank-permissible functions. 04.01.2021 | Source: Office of the Comptroller of the Currency

 Visa and BlockFi to launch Bitcoin rewards credit card

Visa Inc. is partnering with cryptocurrency startup BlockFi to offer a credit card that rewards purchases with Bitcoin rather than airline miles or cash. 02.12.2020 | Source: Bloomberg

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