Before he was a rebel, Asres Mare Damte was a lawyer. Today he fights for the Fano, a loose collection of groups taking on Ethiopia’s military in one of its most populous and powerful regions.

By joining forces with another major credit card issuer, Capital One is positioning itself as the largest issuer in the U.S. by balances and the sixth-largest bank by assets. And last week ...

The restructuring was announced earlier this year when HSBC told staff that the bank would be winding down some equities businesses, including equity underwriting in Europe and the Americas.

Morgan Stanley analyst Betsy Graseck upgraded Bank of America (BAC – Research Report) to a Buy today and set a price target of $47.00. The company’s shares closed last Friday at $34.39.

Abyssinia Bank has announced that it disbursed over USD 349.94 million in loans during the current fiscal year to help alleviate Ethiopia’s foreign exchange shortage and support the country’s import ...

The Commercial Bank of Ethiopia (CBE), the nation’s largest state-owned bank, has reported a staggering 32.6 billion birr (about $247.8 million) profit during the first eight months of the current ...

Institutions like Wells Fargo, Bank of America, Flagstar Bank and JPMorgan Chase have all announced branch closures in recent months. These closures reflect a broader trend in the industry ...

The number of bank branches across the UK has dwindled gradually in recent years as customers increasingly turn to online and mobile banking. In fact, figures from last December showed 6,214 bank ...

which echoes the name of the Bank's holding company formed in 2023, West Coast Community Bancorp, and a new logo with strong visual ties to the former Santa Cruz County Bank logo. Newly installed ...

The National Bank of Ethiopia (NBE) has announced plans to hold regular foreign exchange auctions every two weeks, beginning with a USD 50 million auction scheduled for today. This initiative, which ...

U.S. Bank vice chair Terry Dolan was the only person on board a single-engine airplane that crashed and exploded over the weekend, a Minnesota medical examiner confirmed Tuesday. Dolan ...

Yellow Wiggle Tsehay Hawkins, 19, has always known she was adopted. But it wasn’t until she turned 18 last year that she travelled to Ethiopia for the first time in search of her birth parents.