The bank needs to raise at least Sh1.7 billion from its shareholders by the end of year, in order to be compliant to the new core capital requirement that comes to effect on December 31, 2025.

Access Bank, Zenith Bank, and two leading banks in Nigeria have been listed among Africa's most capitalised tier-1 banks in a ...

The Swiss government on Friday proposed stricter rules for UBS following its takeover of Credit Suisse, which could make it ...

The Bangladesh Securities and Exchange Commission (BSEC) has again requested that 60 listed companies submit a clear roadmap outlining how they plan to comply with the minimum paid-up capital ...

Since December 2023, 27 of Kenya’s 39 licensed banks have met the new capital requirement. The remaining 12, primarily ...

THE NEW GUIDELINES of the Securities and Exchange Commission (SEC) on crypto-asset service providers (CASPs) might discourage smaller players due to steep capitalization requirements.

This optimism appeared strong enough to offset lingering economic concerns tied to the Iran-Israel conflict, according to market insiders ...

The bank, which generated $47.76 billion in revenue over the last twelve months, highlighted in a statement today its disagreement with the proposed capital rules that would significantly increase ...

Shares of UBS are sliding 7% in Zurich as investors react to news the Swiss bank must set aside $26 billion of fresh capital. UBS stock had risen on Friday, shortly after the Swiss government said the ...

A company that has spent years battling conservationists as it seeks a permit to mine outside the Okefenokee Swamp and its ...

A recent report has indicated that two Nigerian banks have already met and exceeded the N500 billion recapitalisation target ...