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…
U.S. Attorney Announces Charges In Four Separate Insider Trading Cases Against Nine Individuals, Including Former U.S. Congressman, Former FBI Agent Trainee, Tech Company Executives, And Former Investment Banker
Former U.S. Congressman Charged with Insider Trading Based on Inside Information Obtained from Consulting Work Former FBI Agent Trainee and Friend Charged with Insider Trading Based on Inside Information Stolen from the…
Bank of America loses top Asia banker Alex To – sources
HONG KONG – Alex To, one of Bank of America’s top rainmakers in Asia, has recently left the bank, three people with knowledge of the matter told Reuters. To, based in Hong…
Dreaming of Places Far, Far Away: New Coldwell Banker Data Shows High Rate of Out-of-State Searches
Fresh Coldwell Banker data from the Move Meter℠ reveals where Americans are dreaming of moving MADISON, N.J., July 6, 2022 — This summer, as Americans enjoy their favorite activities to cool down, dreams of…
Czech central banker Benda: 50, even 75 bps hike may not be enough this month – paper
PRAGUE – The Czech central bank needs to raise interest rates significantly again when its board meets on June 22 and even a 75 basis-point increase may not be enough, board member…
Czech central banker flags potential stronger rate tightening -paper
PRAGUE -The Czech National Bank might be forced to raise interest rates by more than its current course suggests if a dovish majority is created on its board, board member Tomas Holub…
Latest inflation data boost case for normalisation – French central banker
PARIS – The latest increases in inflation make the exit from exceptional monetary policy measures all the more necessary, Bank of France Governor Francois Villeroy de Galhau said on Tuesday. French inflation…
Mexican central banker: high inflation is not leaving anytime soon
MEXICO CITY – Mexico will likely see consumer price spikes for “a while” and food inflation is a growing concern, the deputy governor of the country´s central bank, Jonathan Heath, said on…
Citi promotes Asia-based banker Valderrabano as global wealth COO
By Selena Li HONG KONG – Citi has appointed Valentin Valderrabano as its new chief operating officer (COO) for Citi Global Wealth, effective in July, according to an internal memo reviewed by…
G7 to discuss crypto-asset regulation, says French central banker
PARIS – The regulation of crypto-assets is likely to be discussed at a meeting of Group of Seven finance chiefs this week in Germany, French central bank head Francois Villeroy de Galhau…
Cash handouts to Danes could worsen inflation, central banker warns
COPENHAGEN – Compensating low-income and elderly Danes with cash handouts to ease the impact of higher consumer prices could worsen inflationary pressure on an economy already running on all cylinders, the central…
Lebanese central banker says ready to answer Swiss questions in probe
ZURICH – Lebanese central bank chief Riad Salameh is ready to meet Swiss prosecutors in person to answer questions about their money-laundering investigation, he said in a television interview. Salameh is facing…
Former Goldman Sachs Investment Banker Convicted in Massive Bribery and Money Laundering Scheme
BROOKLYN, NY – Ng Chong Hwa, also known as “Roger Ng,” a citizen of Malaysia and a former Managing Director of The Goldman Sachs Group, Inc. (Goldman Sachs), was convicted today by…
Czech central banker favours rate hikes to wider FX sales to stem inflation
By Jan Lopatka PRAGUE – The Czech central bank is likely to raise interest rates again on March 31 and may discuss more use of foreign exchange interventions, board member Tomas Holub…
Japan likely to avert stagflation, says senior central banker
By Leika Kihara TOKYO -Japan is unlikely to slide into stagflation, a condition where rising inflation and shrinking economic growth co-exist, a senior central bank official said on Wednesday. With the Ukraine…
Ex-Goldman Sachs banker calls on Wall Street giant to exit Russia
By Kirstin Ridley and Sinead Cruise LONDON – A one-time Goldman Sachs banker has written an open letter to David Solomon calling on the Wall Street investment bank’s chief executive to exit…
Cutting Russia off from SWIFT a “matter of days” -euro zone central banker
PARIS – A decision to cut Russia off from the global SWIFT payment system will be taken in a matter of days, the governor of a central bank within the euro zone…
Star witness against ex-Goldman banker says wives used to disguise 1MDB kickbacks
By Luc Cohen NEW YORK – Two Goldman Sachs bankers concocted a scheme involving their wives to conceal kickbacks they received for helping to loot Malaysia’s 1MDB sovereign wealth fund, one of…
Star witness against ex-Goldman banker says wives used to disguise 1MDB kickbacks
By Luc Cohen NEW YORK – Two Goldman Sachs bankers concocted a scheme involving their wives to conceal kickbacks they received for helping to loot Malaysia’s 1MDB sovereign wealth fund, one of…
Explainer-What charges does ex-Goldman banker Ng face in 1MDB corruption trial?
By Luc Cohen – Opening statements in former Goldman Sachs banker Roger Ng’s U.S. corruption trial https://www.reuters.com/markets/us/rogue-employee-or-goldman-scapegoat-ex-bankers-1mdb-corruption-trial-kick-off-2022-02-10 over the looting of hundreds of millions of dollars from Malaysia’s 1MDB sovereign wealth fund…
Ex-Credit Suisse banker says she told bosses “everything” about Bulgarian clients
By Stephanie Nebehay BELLINZONA, Switzerland – A former Credit Suisse employee testified on Thursday that she kept the bank’s management fully informed of outflows from Bulgarian customers’ accounts after authorities in Sofia…
Chicago banker gets year in prison for bribing Trump campaign official
By Jody Godoy – The former head of a Chicago bank was sentenced on Monday to a year and a day in prison for approving millions of dollars in risky loans in…
Monte dei Paschi set to name veteran banker Lovaglio as CEO, sources say
By Giuseppe Fonte ROME – Italy’s Monte dei Paschi di Siena (MPS) could name a new chief executive as early as Monday after the state-owned bank’s nomination committee proposed the former head…
Stage set for trial of Switzerland’s former star banker
By Brenna Hughes Neghaiwi ZURICH – A former ‘banker of the year’ faces charges including fraud and embezzlement in a Zurich court on Tuesday, in a rare high-profile prosecution in Switzerland’s financial…
Banker sentenced for obtaining hundreds of thousands of dollars in fraudulent loans
SAVANNAH, GA: A former commercial loan officer at a Chatham County bank was sentenced to prison after admitting he obtained hundreds of thousands of dollars in fraudulent commercial loans using another person’s…
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