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Banking Giant HSBC Set to Fire 10,000 More Employees
8.10.2019
The banking sector continues to suffer drastic layoffs as the global economic outlook remains uncertain. The latest financial institution reported to be set for cutting a massive amount of workers is HSBC, which has already announced firing thousands of people just a few weeks ago. Also Read:...
Liquidity Difficulties in China: Second Bank Bail-Out Now Reality
1.8.2019
Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger...
Italy’s Banking Sector Will Boost Reconciliations With Blockchain
20.6.2019
Italy's "Spunta" Project will launch in March, 2020 to improve the efficiency of interbank transfers
Major Consultancy Firm McKinsey Says Retail Banking Sector Slow to Adopt Blockchain
7.6.2019
Consultancy firm McKinsey has argued that blockchain is gaining slower traction with retail banks due to regulatory hurdles and a conservative consumer environment