Bank of Italy says it is ending COVID-related relief measures for banks
MILAN – The Bank of Italy said on Tuesday it would remove a number of relief measures on banking requirements that had been introduced to help lenders through the COVID-19…
MILAN – The Bank of Italy said on Tuesday it would remove a number of relief measures on banking requirements that had been introduced to help lenders through the COVID-19…
By Elizabeth Dilts Marshall NEW YORK – U.S. banks’ exposures to Russia may not be fully understood by investors due to a lack of transparency in disclosures made so far,…
NEW YORK – Major banks are talking with government officials to be clear on how sanctions against Russia should work, JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said…
MOSCOW/LONDON – Russians waited in long queues outside ATMs on Sunday, worried that new Western sanctions over Moscow’s invasion of Ukraine will trigger cash shortages and disrupt payments. Moves to…
By Elizabeth Dilts Marshall WASHINGTON – U.S. banks are preparing for retaliatory cyber attacks after Western nations slapped a raft of stringent sanctions on Russia for invading Ukraine https://www.reuters.com/world/india/war-with-ukraine-putin-puts-nuclear-deterrence-forces-alert-2022-02-27, cyber…
MOSCOW – Russia’s central bank said on Sunday it was temporarily easing restrictions on banks’ open foreign currency positions after the West decided to block certain Russian banks’ access to…
WASHINGTON – The SWIFT international payments system said on Saturday it was preparing to implement Western nations’ new measures targeting certain Russian banks in coming days. “We are engaging with…
NEWARK, N.J. – An Essex County, New Jersey, man today admitted scheming with at least one U.S. Postal Service (USPS) employee and others to steal credit cards from the mail…
PRAGUE – The Czech Republic is calling on EU states that are members of the International Investment Bank (IIB) and the International Bank for Economic Co-operation (IBEC) to quit the…
MOSCOW – Russia’s central bank on Friday said it was increasing the amount of cash it gives to banks to replenish ATM machines, the latest measure the regulator has taken…
MOSCOW – Clients’ funds held by Russian banks that were hit with new Western sanctions are secure and are not affected by the sanctions, Deputy Central Bank Governor Vladimir Chistyukhin…
MOSCOW – The Russian central bank on Friday told lenders to consider postponing dividends and bonus payments to managers, as it announced measures to ease regulatory requirements for the sector.…
MOSCOW – Russian banks sanctioned by the West have enough liquidity to meet clients’ demands and are doing everything possible to calmly make it through this volatile period, the banks…
BEIJING – China’s banking and insurance regulator has issued guidelines urging banks and insurers to support the development of affordable rental housing, as Beijing vows to keep the property market…
MILAN – Italian lenders increased their domestic government bond holdings in January, European Central Bank data showed on Friday. Their portfolio rose to 419.62 billion euros ($468.84 billion) last month,…
MOSCOW – Russia’s central bank on Friday said it had provided banks with 1.9 trillion roubles ($22.87 billion) out of 3 trillion roubles on offer at a “fine-tuning”, three-day repo…
ATHENS – Piraeus Bank, one of Greece’s four largest lenders, said on Friday its operations in Ukraine comprise a financial institution, JSC Piraeus Bank ICB, and investments in real estate…
MOSCOW – Russia’s central bank is ready to support banks hit by Western sanctions, it said on Friday, promising to provide them with rouble and foreign exchange liquidity while saying…
WASHINGTON – The United States on Thursday imposed sanctions on Russia in retaliation for its invasion of Ukraine, targeting its two biggest banks and members of the elite in new…
WASHINGTON – U.S. President Joe Biden said on Thursday that Russia’s second largest lender VTB is among the Russian banks that will be sanctioned as a result of the conflict…
MOSCOW – The Russian central bank on Thursday said it was raising the ceiling for banks’ outstanding debt under repo auctions to $50 billion from $15 billion as part of…
VIENNA – Austria’s Raiffeisen Bank International said its banks in Russia and Ukraine are well-capitalised and self-financing, and that provisions were already made last year as part of its risk…
– The United States imposed sanctions on Russia’s VEB Bank and Promsvyazbank on Tuesday, according to statement from the U.S. Treasury Department, after Moscow formally recognized two regions of eastern…
WASHINGTON – Banks in the United States do not expect a material financial impact on their businesses, or broader risk contagion, as a result of sanctions Washington and other countries…
– Canada’s Brookfield Asset Management Inc is in talks to buy the payments business of UAE’s biggest lender First Abu Dhabi Bank PJSC, Bloomberg News reported on Tuesday. The unit,…