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What is driving global supply chain bottlenecks?

September 12, 2022

The FINANCIAL — Bottlenecks in the world economy have been a key reason for high inflation among traded goods. This post explores Bank staff analysis on the key drivers behind these bottlenecks. Bottlenecks in global supply chains have been an important driver of inflationary pressures across the world, increasing prices of tradable goods. These emerged as supply disruptions – for example

Bank of America’s CashPro App Wins Multiple Industry Awards

British Reporter — App Activity Soars As Businesses Appreciate The Convenience Of

by British Reporter

March 20, 2022

1 min read

Celent Names Bank of America a Leader in Wealth Management Innovation

British Reporter — Bank of America announced that it has been recognized

by British Reporter

March 15, 2022

1 min read

Bank of America Consumer Clients Make $294 Billion in Payments in February, up 16% Year-Over-Year

British Reporter — Bank of America announced their approximately 67 million clients

by British Reporter

March 9, 2022

3 mins read

BANKS

Record 81% of Bank of America Mortgage Applications Initiated Through Digital Mortgage Experience

British Reporter — Company Recognized in 2022 for Best Overall Mortgage Experience and as the Best Mortgage Lender for First-time Homebuyers. Rapid growth in consumer digital engagement contributed to substantial momentum in Bank of America’s home lending business over the last year. Home

by British Reporter

March 1, 2022

2 mins read

BANKS

Bank of America’s Community Development Financial Institution Loan Portfolio Surpasses $2 Billion

British Reporter — Company is the largest private investor in CDFIs in the United States. Bank of America today announced its current portfolio of loans, deposits and investments to Community Development Financial Institutions (CDFIs) now exceeds $2 billion.

by British Reporter

October 19, 2021

1 min read

BANKS

Deutsche Bank extends its partnership with Frieze

British Reporter — Deutsche Bank has announced the long term extension of its partnership with Frieze, in support of artistic excellence and the shared vision of a diverse and thriving global community of emerging artists.

by British Reporter

October 14, 2021

1 min read

BANKS

Affluent Americans Gave 48% More on Average Last Year, Finds 2021 Bank of America Study of Philanthropy

British Reporter — According to Bank of America, Research Reveals Differences in Giving Behaviors among Younger Affluent Households. Average giving to charities by affluent Americans increased by 48% last year compared to 2017 ($43,195 vs. $29,269), according to the 2021 Bank of America

by British Reporter

October 1, 2021

4 mins read

BANKS

Bank of America Finds 60% of Small Business Owners Expect their Revenue to Increase This Year

British Reporter — According to the Bank of America 2021 Small Business Owner Report, U.S. small business owners have started to regain their footing after an unprecedented year of challenges brought on by the coronavirus.

by British Reporter

May 13, 2021

3 mins read

BANKS

Your Essential Guide to Open Banking

British Reporter — According to Mastercard, open banking is helping fuel a revolution in financial services. It can provide people with more convenient ways to view and manage their money and simpler ways to access credit or personalized deals and rewards. Open banking

by British Reporter

May 9, 2021

6 mins read

BANKS

People’s Bank of China Approves Deutsche Bank China as Qualified Primary Dealer in Open Market Business

British Reporter — Deutsche Bank (China) Co., Ltd. (Deutsche Bank China) today announced that it has received approval by the People’s Bank of China (PBOC) to act as a qualified primary dealer for domestic open market businesses.

by British Reporter

May 1, 2021

1 min read

BANKS

Lockdown sparks surge in young investors

British Reporter — With more time and money on their hands, Brits have been using lockdown to enter the world of investment. Nearly one in 10 (9%) have begun investing for the first time since the start of the pandemic.

by British Reporter

April 20, 2021

2 mins read

BANKS

ADB Provides FJD 2 Million Grant to Fiji After Cyclone Yasa

The FINANCIAL--The Asian Development Bank (ADB) today approved a $1 million (about 2 million Fijian dollars) grant to the Government of Fiji to help fund priority recovery activities following Tropical Cyclone Yasa, which hit Fiji on 17–18 December.

by The FINANCIAL

December 24, 2020

1 min read

BANKS

Deutsche Bank cements strong position in Japan’s solar sector

The FINANCIAL -- Deutsche Bank’s Tokyo and London Branches announced today that they have acted as Sole Mandated Lead Arranger and Structuring Bank for a JPY 7.3 billion (USD70.6m) financing to Amp Energy (“Amp”) for the acquisition of an operating 20MW solar PV

by The FINANCIAL

December 23, 2020

1 min read