New Jersey Migrant Who Killed Mother in Child in DWI Crash Nearly Hit Red Bank Cop Head On Weeks Prior
Red Bank, NJ – An undocumented immigrant (illegal alien) accused of killing a mother and her 11-year-old daughter in a DWI crash was released by New Jersey judges three times in four…
Exclusive-Ukraine central bank eyes new IMF talks in April to soothe markets over Russia
By Natalia Zinets KYIV – Ukraine wants to launch talks with the International Monetary Fund on a new programme in April to reassure markets that have been rattled by tensions with Russia,…
Russian central bank still sees inflation returning to 4% in mid-2023 -agencies
MOSCOW – The Russian central bank still expects inflation to return to its 4% target in mid-2023, news agencies cited Deputy Governor Alexei Zabotkin as saying on Tuesday, as the rouble dived…
Digital, circular economy can earn Thailand $3.4 billion a year extra – World Bank
BANGKOK – Digital and disruptive technologies and development of a circular economy can earn Thailand up to $3.4 billion each year in additional investments, savings and revenue, the World Bank said on…
Bank of Korea to pause rate hikes on Feb 24, resume in Q2: Reuters poll
By Devayani Sathyan and Tushar Goenka BENGALURU – The Bank of Korea will leave rates on hold on Thursday after back-to-back hikes at the previous two meetings, according to economists in a…
Australia’s central bank to rejig market liquidity operations
SYDNEY – Australia’s central bank is shaking up the way it provides liquidity to the banking system as it ceases quantitative easing and prepares for the day when it will eventually raise…
Brazil central bank chief says inflation still climbing
By Marcela Ayres BRASILIA – Brazil’s central bank chief Roberto Campos Neto said on Monday consumer prices continue to trend higher as core inflation speeds up despite aggressive monetary tightening by policymakers.…
Don’t create booms and busts with post-Brexit reforms, Bank of England says
By Huw Jones LONDON – Requiring regulators to keep the financial sector globally competitive following Brexit must not bring back the damaging booms and busts of the past, a senior Bank of…
Lebanon parliament extends lifting of bank secrecy to audit cenbank
BEIRUT – Lebanon’s parliament on Monday extended a law that lifts banking secrecy regulations to facilitate a forensic audit of the country’s central bank, a key condition for foreign aid that has…
Russian finance ministry to consider central bank proposals on cryptocurrencies
MOSCOW – Russia’s finance ministry on Monday said it would take proposals on cryptocurrencies from the country’s central bank into account so long as they do not contradict its own approach, paving…
Kenya’s central bank to hold next rate-setting meeting on March 29
NAIROBI – The Kenyan central bank’s Monetary Policy Committee will hold its next rate-setting meeting on March 29, the bank said on Monday. At its last meeting in January, the committee held…
United States Postal Service Letter Carrier Sentenced to Six Years in Federal Prison for Bank and Mail Fraud Conspiracy
Baltimore, Maryland – U.S. District Judge Catherine C. Blake sentenced Johnson B. Ogunlana, age 25, of Edgewood, Maryland, to six years in federal prison, followed by three years of supervised release for…
Fed’s Brainard sees case for U.S. central bank digital currency
– Federal Reserve Board Governor Lael Brainard on Friday laid out a case for the role a U.S. central bank digital currency could play in bolstering financial stability as the use of…
NY Fed’s Williams says central bank can manage soft landing for economy
NEW YORK – Supply chain issues may gradually recede over time, easing some inflationary pressures and helping the Federal Reserve achieve its goal of controlling inflation without sparking a recession, New York…
Farmington Woman Sentenced to Prison for Stealing $103K from Bank Customer
Leonard C Boyle, United States Attorney for the District of Connecticut, announced that LEE BLANCHETTE, 59, of Farmington, was sentenced today by U.S. District Judge Jeffrey A. Meyer in New Haven to…
China central bank warns of default risks after climate stress test
SHANGHAI – China’s banks face rising default risks as a result of higher climate-related costs in carbon-intensive sectors like thermal power, steel and cement, Liu Guiping, vice governor of the central bank,…
Japan’s inflation may exceed 1% but stay below BOJ goal, says central bank official
TOKYO – Japan’s consumer inflation may exceed 1% but will remain distant from the central bank’s 2% target, a senior Bank of Japan official said on Friday. “Japan’s economy has yet to…
Bank of America CEO: capital markets business down, but pipelines are full
NEW YORK – Bank of America Chief Executive Officer Brian Moynihan said the bank’s capital markets business “is down” so far in 2022, even as the investment bank continues to see a…
Woman Sentenced to Federal Prison for Bank Robbery
WILMINGTON, N.C. – A Harrisburg, Pennsylvania woman was sentenced today to 42 months in prison for robbing a bank in Ayden, North Carolina. She was also ordered to pay restitution for all…
Georgia Man Sentenced in Bank Fraud Scheme that Exploited Homeless Rhode Islanders
PROVIDENCE, R.I. – A Georgia man convicted for his role in a scheme in which Providence area homeless and transient individuals were recruited to cash hundreds of thousands of dollars worth of…
Commerzbank says board member Schmittroth to leave bank
FRANKFURT – Commerzbank on Wednesday announced that board member Sabine Schmittroth would leave the German lender at the end of the year. Commerzbank, which is undergoing a major overhaul involving staff cuts…
Turkey’s Ziraat Bank raises capital to 34.9 billion lira
ISTANBUL – The capital of Turkey’s Ziraat Bank will be raised to 34.9 billion lira ($2.57 billion) according to footnotes of the bank’s annual financial report, with the amount to be paid…
Emerging markets “much better” able to weather monetary tightening-Indonesia central bank
JAKARTA – Emerging markets will be able to weather global monetary tightening, including U.S. rate hikes, “much better” this year compared with previous periods of tightening, Indonesia’s central bank Governor Perry Warjiyo…
Colombia’s central bank must raise rates in first half to control inflation -IMF
BOGOTA – Colombia’s central bank will have to front load interest rate hikes in the first half of this year in order to get a grip on inflation and maintain its hard-won…
Gold reserves at Venezuelan central bank down to new 50-year low
By Mayela Armas CARACAS – The Venezuelan central bank’s gold reserves dropped seven tonnes last year to a new 50-year low, according to financial statements published by the bank on Tuesday. The…
Private debts pose hidden risk to developing countries, World Bank warns
By Andrea Shalal and David Lawder WASHINGTON – Developing countries must quickly strengthen their financial sectors, the World Bank said on Tuesday, warning that rising inflation, interest rates and alarming levels of…
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