January 2024 - Page 11

TLDR: Citigroup plans to cut 20,000 jobs over the next two years in an effort to streamline operations after disappointing Q4 2023 results. The job cuts will make up approximately 10% of

Jabil Inc. is partnering with fintech firm Revolut to enhance the development and production of an innovative mobile point-of-sale (mPOS) solution. The collaboration will allow Revolut to expand its merchant acquiring capabilities

TLDR: The 54th Annual Meeting of the World Economic Forum is currently taking place in Davos-Klosters, Switzerland. The programming for the event is divided into several categories, including “A Long-Term Strategy for

The rise of mobile fintech in Mozambique is providing an alternative source of income for the country’s unemployed youth, who are turning to selling financial services via mobile phones. Around a third

Philippine President Ferdinand Marcos has removed Benjamin Diokno as finance minister, but has given him a place on the central bank’s monetary board. Diokno, a former central bank governor, was replaced by

TLDR: – Financial factors can be noisy and make it difficult for investors to make informed decisions. – The noise in financial markets can be caused by various factors, such as market

TLDR: Kristina Jakstys has joined J.P. Morgan Private Bank in Los Angeles as an Executive Director and Banker, bringing over 20 years of experience to her role. She will assist clients with

Schroders has launched a multi-asset fund called Schroder ISF Dynamic Income in collaboration with HSBC Private Banking. The fund will only be available to HSBC private banking clients for the first six

TLDR: Singapore-based company Rex International Holding Limited has enlisted the help of London-based corporate finance advisor Hannam & Partners (H&P) for its recent production sharing contract in West Africa. Rex’s joint venture

TLDR: The Chinese market remains attractive for global investors, including multinational financial institutions with a presence in Africa, due to China’s ongoing reforms and opening up. China’s strengths, such as advanced technologies,