WASHINGTON (Reuters) – New policies adopted on Sunday by U.S. banking regulators will “wipe out” equity and bondholders in Silicon Valley Bank and Signature Bank of New York while protecting…
(Reuters) – Rating’s agency Moody’s on Friday downgraded the ratings of SVB Financial Group and its bank subsidiary, Silicon Valley Bank. Moody’s slashed its credit ratings on Silicon Valley Bank’s…
MOSCOW (Reuters) – Russian economic activity rose in January-February but inflationary pressure also increased, the central bank said on Tuesday, adding that this could warrant a tighter monetary policy. The…
JAKARTA (Reuters) – Bank Indonesia Governor Perry Warjiyo said on Thursday the Federal Reserve may continue raising U.S. interest rates until June, but while the monetary tightening would strengthen the…
BEIJING (Reuters) – China’s central bank said on Wednesday it will encourage financial institutions to increase lending to private enterprises to support the economy, according to a statement released on…
JERUSALEM (Reuters) – Israeli soldiers shot a Palestinian who tried to stab them in the occupied West Bank on Thursday, the army said, and Palestinian officials confirmed the man’s death.…
JERUSALEM (Reuters) – The Israeli military said on Saturday it was boosting forces in the occupied West Bank, a day after a Palestinian gunman shot seven people dead near a…
JERUSALEM (Reuters) – A Palestinian man was killed by an Israeli on Saturday in the occupied West Bank, Palestinian officials said, and the Israeli military said the Palestinian had earlier…
Major Bank Sets Date For Biggest Layoff Since ’08 Great Recession: REPORT John Hugh DeMastri on January 9, 2023 Goldman Sachs will begin laying off more than 3,000 employees this…
FRANKFURT (Reuters) – Deutsche Bank said on Tuesday that claims in a years-long litigation over its takeover of Postbank remain unfounded. (Reporting by Tom Sims and Marta Orosz, editing by…
By Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s parliament is expected to pass a bill this week that will allow former politicians to head Bank Indonesia (BI), the central bank, and…
BAMAKO (Reuters) – The World Bank and Mali on Monday signed financing agreements for two projects worth around $302 million, the ministry of economy said. Around $266 million will go…
By Susanna Twidale and Simon Jessop LONDON (Reuters) – The World Bank and partners including Singapore on Wednesday launched a global tracking system to clean up the opaque market for…
By Jesús Aguado MADRID (Reuters) -The Bank of Spain estimates the government will raise a combined 5 billion euros ($5.2 billion) by 2024 from its proposed taxes on Spanish banks…
TAIPEI (Reuters) – Taiwan’s central bank’s “flexible” monetary policy structure during a period of high uncertainty can help maintain price and financial stability as well as economic growth, its governor…
LONDON (Reuters) – A bear market rally in equity markets will continue into next year before slumping as a recession in the world economy takes hold, Deutsche Bank said in…
By Gopal Sharma KATHMANDU (Reuters) – While Nepal awaited the outcome of national elections its central bank opted to hold its benchmark interest rates at 8.5% late on Sunday, and…
BENGALURU (Reuters) – India’s central bank has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special “vostro account” for trade in rupees with Russia, local newspaper Business…
BANGKOK (Reuters) – The strengthening of Thailand’s baht was in line with regional currencies, the central bank said in a statement on Friday. The currency strengthened due to a weakening…
NEWARK, N.J. – A federal grand jury today indicted two men in connection with the armed robbery of a bank in Union City, New Jersey, U.S. Attorney Philip R. Sellinger…
NEWARK, N.J. – A federal grand jury today indicted two men in connection with the armed robbery of a bank in Union City, New Jersey, U.S. Attorney Philip R. Sellinger…
A man who fled to Taiwan to escape a 33-month prison sentence has been returned to the U.S. after 30 years as a fugitive, announced U.S. Attorney for the Northern…
JOHANNESBURG (Reuters) – Zimbabwe is engaging with the World Bank and International Monetary Fund on how to clear its debts with international financial institutions, finance minister Mthuli Ncube said at…
NEWARK, N.J. – A Passaic County, New Jersey, man was convicted today by a federal jury for his role as the gunman in two armed bank robberies, U.S. Attorney Philip…
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 ROCHESTER, N.Y. – U.S. Attorney Trini E. Ross announced today that a federal grand jury has returned an indictment charging Christopher M.…