By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – After decades of deflation, Japan’s economy looks poised to finally turn a corner. For its biggest banks, however, there’s a hitch:…
BRASILIA (Reuters) – Brazil’s central bank chief, Roberto Campos Neto, said on Monday that the bank successfully overcame some challenges to its autonomy posed by the new administration of President…
By Nivedita Balu and Arasu Kannagi Basil TORONTO (Reuters) – Canadian banks had a mixed fourth quarter but a common theme underlining all the reports was the rise in bad…
By Marc Jones LONDON (Reuters) – Global central bank umbrella body, the BIS, eased its hardline stance on inflation on Monday, calling recent progress encouraging, but stressed that central banks…
By Simon Jessop DUBAI (Reuters) – Ten of the world’s top development banks pledged to step up their climate efforts at the COP28 summit, yet failed to say anything about…
MUMBAI (Reuters) – The central banks of India and England on Friday signed an agreement on information exchange for settlement of bond trades, the Reserve Bank of India (RBI) said.…
Damian Williams, the United States Attorney for the Southern District of New York, announced that ESTEBAN CABRERA DA CORTE, a/k/a “Esteban Cabrera,” a/k/a “Esteban Da Corte,” a/k/a “Steban,” was sentenced…
LONDON (Reuters) – Symphony, the markets infrastructure and tech firm, is teaming up with Google to ramp up its voice analytics offering to banks and investment firms, executives told Reuters,…
By Nivedita Balu TORONTO (Reuters) – Canada’s big banks are likely to wrap up a challenging financial year with another quarter of declining profits and rising bad debt provisions amid…
By Jorgelina do Rosario and Jorge Otaola BUENOS AIRES (Reuters) – Argentine former central banker Luis Caputo, frontrunner to be the new economy minister, met local and international bank officials…
By Steven Scheer JERUSALEM (Reuters) – Israelis deferred payment on nearly 3 billion shekels of loans in October as a result of Israel’s war with Hamas, the banking regulator said…
By Samuel Indyk and Danilo Masoni LONDON (Reuters) – European equity markets are forecast to eke out a modest rise in 2024, a Reuters poll found, as optimism that global…
By Huw Jones LONDON (Reuters) – EU regulators will challenge banks over their failure to properly apply an accounting rule aimed at making sure their provisioning for souring loans is…
(Reuters) – Hedge funds are helping to fill a bond-buying gap in European government bond markets left by central banks and playing an important role in boosting liquidity, debt agency…
FRANKFURT (Reuters) – EU rules to protect the financial system from risks stemming from cryptocurrencies contain a loophole that allows banks to circumvent some safeguards and should be fixed urgently,…
BERLIN (Reuters) – Germany’s Verdi union has called on workers at Deutsche Bank’s DB Direkt GmbH subsidiary to go on a one day strike on Wednesday, it said, raising pressure…
MILAN (Reuters) – Italian financial institutions have opted en masse to forego an extraordinary tax the government imposed on the sector in August, making use of a clause Rome introduced…
By Steven Scheer JERUSALEM (Reuters) – Israel’s banking regulator told commercial banks to be cautious when issuing dividends and conducting share buybacks, citing the need to remain conservative and provide…
WILMINGTON, DE – A series of armed bank robberies occurred in Wilmington on November 10, beginning with an attempted robbery at Wells Fargo Bank on Concord Pike. Three suspects, described…
(Reuters) – Dallas Federal Reserve Bank President Lorie Logan on Friday defended the U.S. central bank’s “ample reserves” approach to monetary policy implementation, even as she outlined a number of…
(Reuters) – Commonwealth Bank of Australia, the country’s largest lender, on Thursday joined the other three big banks in raising its standard variable home loan rate by 25 basis points…
By Michael S. Derby NEW YORK (Reuters) – New York Federal Reserve President John Williams said on Wednesday that the U.S. central bank had made great strides over recent decades…
By Lewis Jackson and Rae Wee SYDNEY (Reuters) – Private credit lenders are increasing their footprint in parts of the Australian commercial property market, providing alternatives for borrowers as banks…
By David Randall NEW YORK (Reuters) – Shares of a handful of U.S. regional banks popped on Thursday after famed bond investor Bill Gross said the danger in investing in…
By Howard Schneider, William Schomberg and Francesco Canepa (Reuters) – The Bank of England’s decision to hold its policy interest rate steady on Thursday puts the world’s three major central…