DUBAI (Reuters) – Gulf central banks raised their key interest rates on Wednesday after the U.S. Federal Reserve delivered its third consecutive three-quarter percentage point …
BEIRUT (Reuters) – Lebanon’s banks will remain shut indefinitely, the country’s banking association said in a statement on Wednesday, citing ongoing “risks” to employees following …
ACCRA (Reuters) – The next 12 to 18 months will be “very difficult” for African banks as widespread inflation, currency devaluations and interest rate hikes …
WASHINGTON (Reuters) – Steps that Turkish lenders Isbank and Denizbank took to suspend the use of Russian payment system Mir make a lot of sense, …
By Tatiana Bautzer SAO PAULO (Reuters) – Investment banks in Brazil are focusing on debt issuance through the third quarter, an area that kept strong …
(Reuters) – Deutsche Bank’s International Private Bank unit in the Americas hired Hedieh Bolour as a director based in Los Angeles, according to an internal …
ATHENS (Reuters) – JPMorgan upgraded Piraeus Bank to “overweight” and said it was positive on Greece’s four big banks in a research report published on …
(Reuters) – Chinese regulators have told the country’s biggest banks and state-owned firms to start a round of checks on their financial exposure to Chinese …
By Ebru Tuncay, Nevzat Devranoglu and Ceyda Caglayan ISTANBUL (Reuters) – Some Turkish banks are curtailing corporate lending after the government’s latest raft of regulations …
By Matt Tracy and Abigail Summerville (Reuters) – Banks seeking to sell some of the debt backing the $16.5 billion leveraged buyout of business software …
(Reuters) – The European Central Bank’s priority is to focus on monetary policy normalisation as inflation in the euro zone has been unacceptably high, ECB …
By Maximilian Heath BUENOS AIRES (Reuters) – Argentine soy farmers who hold onto stock of more than 5% of their production will face an elevated …
LONDON (Reuters) – The European Central Bank on Thursday lifted its key interest rate by an unprecedented 75 basis points and signalled further hikes, the …
By Sinead Cruise and Iain Withers LONDON (Reuters) – Some of Europe’s biggest banks are preparing back-up generators and to dim the lights as they …
HANOI (Reuters) – The State Bank of Vietnam (SBV) said on Wednesday it has raised caps on credit growth for some banks this year, based …
NEWARK, N.J. – An Essex County, New Jersey, man today admitted scheming with others to use credit cards and checks that were stolen from the …
By Hadeel Al Sayegh and Andrew Mills DUBAI/DOHA (Reuters) – Qatar’s central bank has told banks in the Gulf state not to exchange its currency …
SEOUL (Reuters) -South Korea’s financial regulator said it advised local banks on Tuesday to manage foreign-exchange liquidity positions in a more conservative manner than before …
By Tom Westbrook SINGAPORE (Reuters) – Major investment houses have cut their yuan forecasts as its fall against the dollar accelerates, with some expecting a …
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of interest rate hikes delivered by central banks across developed and emerging …
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) (Reuters) – Russia’s banks lost a combined 1.5 …
By Emma Rumney, Simon Jessop and Sofia Christensen (Reuters) – Mamadou Lamarana was hoping the World Bank’s financial involvement in a western Guinean bauxite mine …
LOS ANGELES – A Georgia man was sentenced today to 94 months in federal prison for participating in a nationwide fraud ring that used …
By Howard Schneider JACKSON HOLE, Wyo. (Reuters) – The tradeoffs facing global central bankers – between jobs, inflation and growth – are likely to get …
CHICAGO — A man has admitted in federal court that he robbed eight Chicago-area banks over a seven-month period in 2019. MANUEL MARTINEZ, 26, of …
By Nidhi Verma NEW DELHI (Reuters) – Many global oil traders and banks have stopped dealing with Indian refiner Nayara Energy, a Rosneft affiliate, as …
HONG KONG (Reuters) – Major Chinese financial institutions will have to lead the way in maintaining the stable growth of total loans and protecting the …
By Dharamraj Lalit Dhutia MUMBAI (Reuters) – Indian banks have increased their fundraising activity through the issuance of certificates of deposits, as funding in the …
PRAGUE (Reuters) – The Czech government will decide in three weeks whether to impose a windfall tax on large energy companies and banks and may …
SACRAMENTO, Calif. — Kevin Lee Co, 51, of Rocklin, was sentenced today to 10 years in prison for wire fraud, money laundering and submitting false …
By Huw Jones LONDON (Reuters) – The European Central Bank (ECB) said on Wednesday it would harmonise how banks offer cryptoassets to ensure they have …
By Simon Jessop, Shadia Nasralla and Cole Horton LONDON/NEW YORK (Reuters) – International Finance Corp (IFC), a World Bank affiliate, told Reuters on Wednesday it …
By Marta Orosz and Tom Sims FRANKFURT (Reuters) – German chancellor Olaf Scholz faces lawmakers’ questions this week over his role in tackling a multibillion-euro …
WELLINGTON (Reuters) – Reserve Bank of New Zealand Governor Adrian Orr said on Wednesday that while growth would slow he did not expect a recession, …
By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) – The U.S. Federal Reserve on Tuesday issued additional guidance for banks considering activities involving cryptocurrencies, emphasizing …
BEIJING – China may start a pilot program in six provinces to further speed up the disposal of bad loans by local small- and medium-sized …
‘The Raid Unifies Republicans’: Banks Describes Meeting ‘Fired Up’ Trump With House GOP Harold Hutchison on August 10, 2022 Republican Rep. Jim Banks of Indiana …
LONDON – Bank of England Chief Economist Huw Pill said on Wednesday that central banks are able to take tough decisions on monetary policy, in …
LONDON – Demand for currency derivatives has shot up this year, data from CME Group showed on Wednesday, in a sign investors are positioning for …
BANGKOK – Thailand’s commercial banks should not rush to raise their interest rates even though the central bank will tighten monetary policy, the finance minister …
Three Miami Residents Stole $1,400,000 From Hundreds of Depositors by Posing as Security Officials to Obtain Access to Online Accounts. …
SHANGHAI/HONG KONG – Investors who have exploited Hong Kong’s cheap interest rates all year to fund other trades globally are finding that the window is …
By Tom Sims, Jesús Aguado and Lawrence White FRANKFURT/MADRID/LONDON – European banks are hoping the boost to their businesses from higher interest rates will be …
By Gertrude Chavez-Dreyfuss NEW YORK – The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn into a major …
WASHINGTON – A U.S. banking regulator is urging banks dealing with cryptocurrency companies that they need to make sure customers know which of their funds …
By Jesús Aguado and Emma Pinedo MADRID – BBVA and Caixabank on Friday said they were looking at the potential impact of a proposed tax …
By Christina Thykjaer and Jesús Aguado MADRID – Spain’s leftist ruling coalition introduced a draft bill on Thursday to create a temporary tax on banks …
By Nupur Anand and Swati Bhat MUMBAI – Loan growth in India is at a three-year high and seen inching up further as economic activity …
By Tom Sims and Sinead Cruise FRANKFURT/LONDON – European banks this week offered flashes of surprisingly good news on profits, but some executives spoke of …
By David Lawder WASHINGTON – Global central banks may get “antsy” about the swiftness of economic pain brought on by monetary tightening to fight inflation …