eu

RBA Delivers the Cut, AUD slightly Higher

Asian indices finished mostly lower today as investor sentiment remains fragile amid trade war and the upcoming rate cuts from major Central Banks. The Nikkei225 finished 0.01 percent lower to 20,408 below its 100-day moving…

Central Bank of Russia

Banking licence of JSC Kemsocinbank revoked and provisional…

By its Order No. OD-1224, dated 31 May 2019, the Bank of Russia revoked a banking licence from Joint-Stock Company Kemerovo Social Innovation Bank, or JSC Kemsocinbank (Registration No. 96, Kemerovo, hereinafter, Kemsocinbank). The credit institution ranked 320th by assets in the Russian banking…

BankofCanada, Canadians, cash, target, operations, schedule

Fraudulent Investment Scheme

The Bank of Canada (“Bank”) has become aware of a fraudulent investment scheme on the part of World Way Capital (“WWC”). WWC is presenting a fraudulent Deposit Guarantee/Investor Compensation sheet dated February 2019 to potential…