Liberia loses $104 million in central bank cash, bans 15 from foreign travel

Mexico's central bank says a cyber attack has sucked around 300 million pesos ($15.33 million) in fraudulent transfers from five companies, but it was unclear how much thieves had managed to pull out in cash. Kate King reports......»»

The Reserve Bank of India is mulling a central bank digital currency as a means to reduce the country's huge spend on minting physical cash......»»

Authorities in Liberia said they were investigating the disappearance of newly-printed bank notes worth $104 million intended for the central bank in a possible fraud worth 5% of gross domestic product......»»

Liberia is still struggling with the afterm.....»»

Saudi Arabia has given a $200 million cash infusion to Yemen's Central Bank to shore up its reserves after the war-torn country's currency went into freefall over the past few weeks......»»

The Central Pacific Bank Foundation, in conjunction with some prominent Hawaii sports figures, is contributing $250,000 to help make spring sports happen for public high schools on Oahu and Hawaii Island. Of the quarter-million, an initial gr.....»»

MEXICO CITY, April 28, 2021 /PRNewswire/ -- Grupo Elektra, S.A.B. de C.V. (BMV:ELEKTRA, Latibex: XEKT)), Latin America's leading specialty retailer and financial services company, and the largest non-bank provider of cash advance services in the Unite.....»»

'BritCoin' - UK Considers New Central Bank Digital Currency, .....»»

Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy: The central bank has various tools at its disposal, some public, some hidden. While its thinking is essentially unknowable.....»»

Turkey In Turmoil Again: Erdogan Fires Second Central Bank Chief In 4 Months, Sparking Foreign Capital Panic.....»»

COVID-19 has underscored the less systematic areas of the current payment system and accelerated the need for digitalization, he said. Jerome Powell. Getty Images / Tasos Katopodis Fed Chairman Jerome Powell said potential centr.....»»

Online financial technology company Social Finance Inc., which is on the cusp of going public through a $2.4 billion merger, plans to buy the smallest bank based in Sacramento for $22.3 million in cash......»»

China’s repo market is a critical component of the country’s financial system. It’s where small banks can source short-term funding from cash-rich lenders and where the central bank can guide monetary policy by influencing the cost of borrowing.....»»

CPB’s end-of-year total assets of $6.59 billion went up by $581.9 million, or 9.7% from that of 2019......»»

A combined stock and cash transaction, representing a total consideration of about $190 million, is expected to close during the second quarter of 2021. The combined bank will have the most branches of any Kentucky-based community bank......»»

The global tally of confirmed cases of the coronavirus-borne illness COVID-19 headed closer to 100 million on.....»»

President Joe Biden will reinstate coronavirus travel restrictions against foreign citizens traveling from Brazil, the U.K, Ireland and much of Europe on Monday, according to multiple reports, and will add South Africa to the list......»»

Tourism once made up around 5% of Sri Lanka's economy, employing close to 2 million people at a time. Authorities were forced to close the island nation's airports in March. REUTERS/Dinuka Liyanawatte After nine months of travel ban.....»»

Kevin Lamarque/Reuters The Federal Reserve's new corporate-credit facility took in $305 million worth of exchange-traded funds on the first day of its operation, according to data released Thursday. The central bank's ETF purchases helped push its .....»»

Travel group TUI , which is struggling with the impact of the coronavirus pandemic, is burning cash at a rate of 250 million euros ($271 million) a month, its CEO said on Wednesday......»»