Turkish central banker Erkan says country is determined to achieve disinflation -sources
By Nevzat Devranoglu NEW YORK/ANKARA (Reuters) -Turkey is committed to achieving disinflation, central bank chief Hafize Gaye Erkan told investors on Thursday while anticipating the completion of the monetary policy tightening cycle…
Ex Commerzbank female banker seeks $707,000 over discrimination, harassment
By Kirstin Ridley LONDON (Reuters) – A former London-based Commerzbank compliance officer is seeking almost 580,000 pounds ($707,000) in compensation after winning a sex and maternity discrimination and harassment case following a…
Major Banker Takes Billion-Dollar Hit In Just Nine Months
Major Banker Takes Billion-Dollar Hit In Just Nine Months John Hugh DeMastri on January 13, 2023 Goldman Sachs lost just over $3 billion on its consumer credit and consumer technology unit from…
Polish central banker Kotecki says no room for rate cut this year
WARSAW (Reuters) – Double-digit inflation in Poland leaves no room for loosening monetary policy this year but interest rates will not rise further, central banker Ludwik Kotecki told Reuters. With the main…
China central banker calls for strengthening property sector policies
SHANGHAI (Reuters) – A top advisor to the People’s Bank of China on Saturday called for strengthening of real estate policy in light of sluggish economic growth over the past several years…
Deutsche Bank names ex Citi banker Di Stefano as EMEA VP Origination&Advisory
MILAN (Reuters) – Deutsche Bank has appointed Pierpaolo Di Stefano as vice chairman, Origination & Advisory for the EMEA (Europe, Middle East and Africa) region, starting Jan. 1, the lender said on…
Italy’s Equita hires Lazard banker Schiavina
MILAN (Reuters) – Italian boutique investment bank Equita has hired former Lazard banker Edoardo Schiavina as managing director to strengthen its industrial advisory team, it said on Tuesday. Schiavina joins Milan-based Equita…
JPMorgan, BofA and Citi to slash banker bonuses – Bloomberg Law
(Reuters) – JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc are all weighing plans to cut bonus pools for their investment bankers by as much as 30%, Bloomberg Law…
Australia’s top central banker apologises for past rate guidance
SYDNEY (Reuters) – The head of Australia’s central bank on Monday apologised to people who regretted taking out mortgages last year based on his guidance that interest rates were unlikely to rise…
NZ faces ‘shallow’ recession as rates need to rise more – senior central banker
By Stella Qiu SYDNEY (Reuters) – New Zealand is likely facing a “shallow” recession as interest rates need to rise further to tame inflation, a top central banker said on Monday, suggesting…
Mexican president says considering options for central banker Esquivel’s future
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said Monday that he was considering “alternatives” for the country’s central bank deputy governor Gerardo Esquivel, who lost a bid to become…
Austrian banker fights extradition to U.S. on money laundering charges
By Sam Tobin LONDON (Reuters) – The former chief executive of an Austrian bank who faces charges in the United States in relation to a bribery and money laundering conspiracy involving Brazilian…
Mexico central banker Borja says bank’s “synchronization” with the Fed is conditional
MEXICO CITY (Reuters) – The Bank of Mexico’s “synchronization” with the U.S. Federal Reserve on monetary policy is conditional, central bank board member Galia Borja said at an event Monday. (Reporting by…
Big Czech crown interventions less likely, central banker says
PRAGUE (Reuters) – The Czech National Bank is unlikely to have to intervene in currency markets as much as it has in recent months when pressure against the crown was strong, Vice-Governor…
Ex-Barclays banker raises claim over sexism, working hours to $4.6 million
By Kirstin Ridley LONDON (Reuters) – A former Barclays banker has raised a claim for damages against the bank over sexism and a failure to adjust her working hours to about 4…
Czech central banker says inflation near peak – newspaper
PRAGUE (Reuters) – Czech inflation, while likely to stay high until year-end, is near its peak and should not rise much further before dropping in 2023, central bank board member Karina Kubelkova…
Goldman, banker agree settlement terms over London dismissal lawsuit
By Kirstin Ridley LONDON (Reuters) – Goldman Sachs and a banker are drawing a line under a London lawsuit over the former employee’s dismissal last year with no financial value attached to…
Czech central banker Dedek: rate stability is favorable now -magazine
PRAGUE (Reuters) – The Czech National Bank should keep interest rates unchanged at the moment as the mortgage market has plummeted, and signs of inflation nearing its peak were only fragile, board…
Poland has no ample space to hike rates, central banker Kochalski says
WARSAW (Reuters) – The Polish central bank does not have ample room to increase interest rates amid an expected economic slowdown, central banker Cezary Kochalski said on Tuesday. Poland’s inflation would remain…
Ex Goldman banker claims he was “fired for whistleblowing”
By Kirstin Ridley LONDON (Reuters) – A former London-based Goldman Sachs banker alleges he was unfairly dismissed with a “woeful” lack of proper procedure after whistleblowing on 10 occasions and that he…
Deutsche Bank names ex-Credit Suisse banker as new APAC head of private bank
By Xinghui Kok SINGAPORE (Reuters) -Deutsche Bank said on Wednesday it was replacing its Asia Pacific head of international private banking with a senior hire from embattled Swiss bank Credit Suisse. Singapore-based…
Ex Credit Suisse banker in $86 million London appeal after Romanian conviction
By Kirstin Ridley LONDON (Reuters) – A former Credit Suisse banker, who was convicted and sentenced to prison in Romania for a decade for alleged espionage in 2013, is hoping to revive…
Banker Pyshnyi set to become Ukraine’s central bank head, lawmaker says
(Reuters) – Former bank executive Andriy Pyshnyi is set to be appointed chairman of the National Bank of Ukraine following Kyrylo Shevchenko’s resignation as central bank chief, a senior lawmaker said on…
Crypto regulation laggards spur arbitrage risk – French central banker
PARIS (Reuters) – Countries that are slow to build up regulations for crypto assets could create arbitrage risks that players operating globally could exploit, the head of France’s central bank said on…
JPMorgan says will be careful about banker cuts amid investment banking downturn
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co will maintain caution on its staffing levels despite the recent downturn in investment banking, its president said on…
Rate-hike cycle in Poland may be ending, central banker Kochalski says
WARSAW (Reuters) – Polish central banker Cezary Kochalski said there was significantly reduced room for further interest rate hikes and that the probability of ending the monetary tightening cycle had increased. Last…
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