UAE’s Central Bank Makes Plans to Launch Instant Payment Platform 01/03/2023 07:32 pm ABU DHABI, UAE—The Central Bank of the United Arab Emirates (CBUAE) has announced a plan to launch an Instant Payment Platform (IPP) in 2023 to facilitate financial transactions.
Citigroup Winding Down Consumer Banking Business in China 01/03/2023 07:32 pm SINGAPORE—Citigroup is winding down its consumer banking business in China in a move that will affect about 1,200 local employees, Reuters reported, citing a release from the bank.