Bloomberg The Swiss National Bank (SNB) may have to do more than pump billions into foreign exchange markets into prevent the franc from appreciating to a damaging level. With data suggesting the central bank recently intervened after the currency rose to the highest since 2017 against the euro, an increasing number of economists expect the SNB to reduce its benchmark ...

Bloomberg Absa Group Ltd.’s push to reclaim market share lost while under the control of Barclays Plc is beginning to pay off at the South African lender’s main retail-banking business. First-half net income climbed 5.4% to 7.64 billion rand as Absa provided more personal loans and credit cards, while boosting the revenue it generates from fees and commissions, the Johannesburg-based ...

Bloomberg It doesn’t look like the hub of an online bank. But that’s what the yellow and blue metal kiosk becomes when Albert Agane locks himself behind the metal bars every day at 6 a.m. From his perch along a dusty suburban thoroughfare in Accra, the 28-year-old helps fellow Ghanaians withdraw or deposit cash for accounts they operate from their ...