Citi to wind down consumer banking in china, affecting about 1,200 staff
SINGAPORE (Reuters) – Citigroup Inc will wind down its consumer banking business in China in a move that will affect about 1,200 local employees, the bank said in a statement…
SINGAPORE (Reuters) – Citigroup Inc will wind down its consumer banking business in China in a move that will affect about 1,200 local employees, the bank said in a statement…
(Reuters) – Potential economic downturns caused by climate change could pose risks to the loan books of Australia’s top five banks without resulting in any severe stress to the system…
By Sergio Goncalves and Andrei Khalip LISBON (Reuters) – Further consolidation of Portugal’s banking sector is inevitable, European Central Bank member Mario Centeno told Reuters on Wednesday, calling “remarkable” the…
KYIV (Reuters) – The alert ‘UKRAINE CENTRAL BANK PREPARES BANKING SYSTEM TO WORK IN EMERGENCY CONDITIONS IN CONNECTION WITH POSSIBLE BLACKOUTS’ and story are wrong and are withdrawn. They were…
BEIJING (Reuters) – China’s banking institutions could apply to a court to be declared bankrupt under rule amendments proposed by China’s banking and insurance regulator on Friday. The watchdog’s various…
FRANKFURT (Reuters) -The European Union could fall foul of global banking rules designed to stem a repeat of the global financial crisis if proposed changes that would make them looser…
By Jesús Aguado MADRID (Reuters) – The European Central Bank warned on Thursday in a non-binding opinion that Spain’s banking tax proposal could damage lenders’ capital, lead to higher credit…
By Huw Jones LONDON (Reuters) – Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead to tighten oversight of the so-called shadow banking sector, taking…
By Huw Jones LONDON (Reuters) – Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead to tighten oversight of the so-called shadow banking sector, taking…
SHEFFIELD: A Key Treasury Adviser’s Think Tank Is A Hotbed For Radical Ideas On Banking. Here’s How Carrie Sheffield on October 31, 2022 The Left is on a concerted warpath…
MOSCOW (Reuters) – Russia on Wednesday banned dealings in the shares or share capital of 45 banks or banking units, all either owned by parties in countries that Russia terms…
By Hannah Lang (Reuters) – Marqeta, a fintech company focused on payments services, is launching a suite of new banking products in a major push to deepen its relationships with…
By Pamela Barbaglia LONDON (Reuters) – JPMorgan has hired one of Deutsche Bank’s most senior dealmakers, Richard Sheppard, to strengthen its UK investment banking business and help British companies navigate…
TOKYO (Reuters) – Japan’s banking system remains stable as a whole but rising overseas interest rates could worsen the creditworthiness of highly leveraged firms, the Bank of Japan said on…
(Reuters) – JPMorgan Chase & Co said on Monday that Carlos Hernandez, its executive chair of investment and corporate banking, will retire at the end of the first quarter next…
BENGALURU (Reuters) – JPMorgan Chase & Co said on Monday it named former Reliance Industries executive Navin Wadhwani as the head of its Indian investment banking business, under a slew…
MADRID (Reuters) – Ana Botin, executive chairman of Spain’s Santander, will become the world’s most prominent bank lobbyist, the first woman to take the role as head of trade body…
By Balazs Koranyi WASHINGTON (Reuters) – European Central Bank policymakers are closing in on a deal to change rules governing trillions of euros worth of loans to banks in a…
FLORENCE, Italy (Reuters) -Monte dei Paschi di Siena is set to get around 30 million euros ($29 million) for its new share issue from local banking foundations, including the Tuscan…
By Selena Li HONG KONG (Reuters) – HSBC Global Private Banking has launched its business in the large Chinese cities of Chengdu and Hangzhou, it said on Tuesday, to try…
SAO PAULO (Reuters) – Goldman Sachs has appointed Cristina Estrada, current COO of Latin America Financing Group, as co-head of investment banking in Brazil, according to an internal memo seen…
Online Investors Believe A Banking Titan Might Be On The Verge Of Collapse, Analysts Disagree. Here’s Why John Hugh DeMastri on October 6, 2022 Shares of Swiss banking giant…
PARIS (Reuters) -French bank Societe Generale said on Friday its board had picked Slawomir Krupa, who currently runs its investment banking business, as its new group chief executive. Krupa’s appointment…
(Reuters) – Jefferies Financial Group Inc on Wednesday beat analysts’ estimates for third-quarter profit as robust performance in its merchant banking unit helped cushion the blow from sluggish dealmaking. The…
By Jesús Aguado MADRID (Reuters) – A traditional banking consolidation in Europe is unlikely right now due to a lack of progress regarding the banking union, BBVA Chairman Carlos Torres…