MOSCOW – Russian divisions of foreign banks, such as Citi and Raiffeisen Bank International, have started looking for staff this month after Russian authorities moved …
By Rae Wee SINGAPORE – Having bucked a global dash to tighten monetary policy for a year, Asian central banks find themselves scrambling to catch …
SYDNEY – Australia will launch a review of the Reserve Bank of Australia’s (RBA) inflation target, monetary tools and board structure, Treasurer Jim Chalmers said …
By Saeed Azhar and Elizabeth Dilts Marshall NEW YORK – U.S. banks have started taking a hit on their leveraged loans’ exposure as the outlook …
(Reuters) – Poland’s antimonopoly office has filed charges against five banks it found to have acted against the interests of customers, the watchdog said on …
BERLIN – Embattled German utility Uniper said it is in close contact with its banks and the German government with the goal of ensuring the …
BEIJING – China’s banking regulator has worked with the finance ministry and central bank to accelerate the issuance of special local government bonds to help …
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW – Russia will block the sale of …
(Reuters) – Deutsche Bank’s International Private Bank on Thursday hired four bankers in the Americas, according to an internal memo seen by Reuters. The new …
By Elizabeth Dilts Marshall NEW YORK – Wall Street’s biggest banks sounded cautious on economic headwinds ahead, reducing risk in certain areas as they assess …
MILAN/MOSCOW – Russia’s central bank is resisting domestic calls to take over the running of foreign lenders’ local businesses, two sources with direct knowledge of …
By Ross Kerber (Reuters) – Looking to keep doing business in West Virginia amid a review of energy lending policies, several top U.S. banks cited …
By Huw Jones LONDON – The European Union’s body for dismantling failed banks said on Wednesday it would ratchet up pressure on lenders over the …
Protests Rage As Chinese Banks Won’t Let People Withdraw Their Funds Jack McEvoy on July 11, 2022 Crowds of Chinese bank customers demonstrated outside a …
LONDON – Central banks will have to make “fundamental” decisions on cross-border access for a digital version of their currency to serve as a means …
By Saeed Azhar NEW YORK – A surge in trading revenue powered by volatile markets should partially offset a slump in M&A and equity and …
By Lucy Craymer WELLINGTON – New Zealand’s central bank is expected to deliver this week a third straight half-point rate hike in its most aggressive …
CONTACT: Barbara BurnsPHONE: (716) 843-5817FAX #: (716) 551-3051 ROCHESTER, N.Y. – U.S. Attorney Trini E. Ross announced today that Michael Tyo, 34, of Liverpool, NY, who was convicted …
By Elizabeth Dilts Marshall NEW YORK – U.S. analysts and economists will be watching to see how banks’ mortgage businesses are faring during their second-quarter …
(Reuters) – Australia’s “big four” lenders raised their home loan variable interest rates on Wednesday by 50 basis points (bps) per annum, passing on the …
WARSAW – Polish banks will be taxed more if they don’t offer clients higher interest on their deposits, the leader of Poland’s ruling party said …
By Byron Kaye SYDNEY – Two of Australia’s biggest home lenders jacked up fixed-rate home loans in line with increases to their own borrowing costs, …
WELLINGTON – New Zealand central bank’s new governance board, created by the government to strengthen decision making and accountability, will start work on Friday. The …
By Andrea Shalal MADRID – World Bank chief economist Carmen Reinhart said it could take many more years before the growing number of heavily indebted …
NEW YORK – A federal judge on Tuesday narrowed claims by San Diego and Baltimore in antitrust litigation seeking to hold eight banks liable for …
BEIJING – Risks in China’s medium-sized and small banks are generally under control despite some individual banks having engaged in criminal activities, the vice chairman …
By Saqib Iqbal Ahmed, Tom Westbrook and Dhara Ranasinghe NEW YORK – Expectations for how drastically central banks need to tighten monetary policy to fight …
By Elizabeth Dilts Marshall NEW YORK – Facing intense competition for talent and pressure to hit diversity goals, banks are getting more creative in their …
TOKYO – Japan’s core consumer price index for May is expected to climb 2.1% from a year earlier, its second straight month of gains above …
By Mike Dolan LONDON – Coordinated or not ahead of this month’s G7 summit, global central banks are accelerating interest rate hikes but also actively …
By Yousef Saba DUBAI – Most Gulf central banks followed the U.S. Federal Reserve on Wednesday, lifting their key interest rates by three-quarters of a …
SHANGHAI – China Construction Bank Corp (CCB) started selling 60 billion yuan ($8.9 billion) in bonds on Wednesday, joining peers as they rush to replenish …
By Pete Schroeder WASHINGTON – Six of the nation’s largest financial institutions, including JPMorgan Chase, BlackRock Inc, and Wells Fargo, may no longer be allowed …
SHANGHAI/HONG KONG – China’s securities regulator on Tuesday denied that it and its securities association had asked foreign investment banks for senior executives’ pay details …
BANKS, JORDAN, NEHLS, ARMSTRONG And DAVIS: Don’t Fall For Nancy Pelosi’s Elaborate January 6th Coverup Jim Banks, Jim Jordan, Troy Nehls, Kelly Armstrong And Rodney …
LONDON – Major central banks are racing to ditch post-pandemic stimulus and picking up the pace of interest rate hikes to get on top of …
By Harish Sridharan (Reuters) – Shares of Australia’s “Big Four” banks fell further on Thursday to hit multi-month lows, as the central bank’s largest interest …
(Reuters) – BofA Securities now expects the European Central Bank to hike interest rates by 150 basis points this year including 50 bps moves in …
By Engen Tham and Winni Zhou SHANGHAI – Banks in China are urging regulators to relax rigid documentation rules as companies there have not been …
By Munsif Vengattil and Nupur Anand NEW DELHI -India’s effort to break Amazon Inc and Walmart Inc’s dominance of its e-commerce sector, by establishing its …
A man who defrauded an investor and two banks out of at least $8.4 million was sentenced Wednesday in federal court, announced U.S. Attorney Clint …
By Howard Schneider NEW YORK – The development of digital currency and payments technologies could change how the Federal Reserve conducts monetary policy and the …
A look at the day ahead in markets from Sujata Rao. From Wednesday, the U.S Federal Reserve starts allowing the bonds it holds to mature, …
ISTANBUL – Turkey’s banking sector needs to prioritize sectors that will have a long term contribution to the economy, the country’s banking watchdog Chairman Mehmet …
BUDAPEST – Hungary will collect a total of 800 billion forints ($2.19 billion) annually this year and next from new windfall taxes imposed on banks, …
(Reuters) – Russia’s banks could get a 3.3 trillion rouble ($52 billion)capital boost if the central bank ditches Basel capital requirements, the head of VTB …
By Valentina Za MILAN – Leading international banks exposed to Russia booked more than 11 billion euros ($12 billion) in provisions in the first quarter …
By David Milliken LONDON – Former Bank of England Governor Mervyn King said on Friday that central banks including the BoE are to blame for …
By Luc Cohen NEW YORK – Archegos Capital Management founder Bill Hwang will get a new judge for his U.S. fraud trial, after the judge …
STOCKHOLM – Sweden has an urgent need for further policy tightening so that the central bank does not have to take even tougher measures further …