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Kenya: Banks enjoy 12% rise in profits despite decline in lending
Data from the Central Bank of Kenya (CBK) shows that profits have increased from $1.09bn during the same period last year, signalling the resilience of the banking sector ...
Musk’s value on Wall Street is rising as banks find buyers for X loans
Banks this week sold $5.5 billion in debt tied to Elon Musk’s 2022 buyout of Twitter, signaling that Wall Street's confidence ...
Ace banker Jamie Dimon on how JPMorgan did six months of work in two days and bought Bear Stearns in a night during the financial crisis in 2008
When no one had foreseen the 2008 financial crisis, JPMorgan CEO Jamie Dimon summoned JPMorgan staff back to the office at 9 ...