A recent agreement between the Inter-American Development Bank (IDB) and the Central Bank of Paraguay (BCP) will allow for sustained progress toward the modernization of the country's financial system through the adoption of International Financial Reporting Standards (IFRS).
The South American…
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banking system
Alberto Camardiel appointed Executive Director of Bancamiga
The communications professional, Alberto Camardiel, was appointed Executive Director of Marketing, Channels and Payment Methods of Bancamiga, a position that will allow him to continue promoting financial facilities for the benefit of the…
WhatsApp Business can also be linked on 4 devices
WhatsApp replicated the improved multi-device mode in its version for companies, WhatsApp Business, in such a way that firms can enable up to four employees to connect to the same account in the messaging application.
Meta announced last…
Morgan Stanley plans to cut 3,000 jobs
The US investment bank Morgan Stanley plans to eliminate approximately 3,000 jobs by the end of June, according to the US network CNBC, citing a source with knowledge of the entity's plans.
The adjustment would equate to about 5 % of the…
UBS launches offer to repurchase Credit Suisse bonds
The Swiss bank UBS announced an offer to repurchase the debt securities with maturity of 2028 and 2032 issued last Friday, just a couple of days before the agreement for the acquisition of Credit Suisse, whose aggregate amount amounts to…
FED again issues comments on cryptocurrencies
The United States Federal Reserve (FED), along with other regulators in the region, issued a statement in which they discussed the risks involved in the use of cryptocurrencies in banking systems.
Others involved include the Office of the…