AGP Executive Report
Last update: an hour agoBanking Shock: Paraguay’s Ueno Bank collapse froze savings for nearly three million people and helped topple President Santiago Peña, who faces allegations of steering public money to the lender and denies wrongdoing. Cybersecurity: Thailand’s central bank has told lenders to strengthen defenses, share threat intelligence and rehearse emergency responses after attacks on financial institutions overseas. Africa Banking: Morocco’s Attijariwafa Bank agreed to buy 55.22% of Société Générale Ghana, opening its first major foothold in English-speaking Africa, subject to regulatory approval. Bank Results: National Bank of Bahrain reported nine-month profit down 10% year on year, but up 4% excluding one-off items; net interest income rose 12%. Reserves: Qatar’s international reserves and foreign-currency liquidity edged up 0.3% year on year to QR262.3 billion in October. Markets & Crypto: Charles Schwab added Solana, Avalanche and Chainlink for retail clients, while market jitters over AI spending have raised questions about where global investment flows next. Cross-Border Capital: Pakistan and Saudi Arabia launched a private equity fund worth several hundred million dollars, with three-quarters earmarked for projects in Pakistan.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.