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 …
banks
U.S. banks’ Russia exposure unclear; risk of long-term impacts – analysts
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 …
Banks talking with government for clarity on sanctions -Dimon
NEW YORK – Major banks are talking with government officials to be clear on how sanctions against Russia should work, JPMorgan Chase & Co Chief …
Russians queue for cash as West targets banks over Ukraine
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 …
U.S. banks prepare for cyber attacks after latest Russia sanctions
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 …
Russian central bank eases caps on banks’ open foreign currency positions
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 …
SWIFT says it preparing to comply with curbs on Russian banks
WASHINGTON – The SWIFT international payments system said on Saturday it was preparing to implement Western nations’ new measures targeting certain Russian banks in coming …
Essex County Man Admits Using Credit Cards Stolen from U.S. Mail to Attempt to Defraud Banks of Over $300,000
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 …
Czechs call on EU allies to quit Soviet-era banks, citing security
PRAGUE – The Czech Republic is calling on EU states that are members of the International Investment Bank (IIB) and the International Bank for Economic …
Russian central bank to give banks more cash for ATMs
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 …
Russian cenbank says client funds in sanctioned banks are secure
MOSCOW – Clients’ funds held by Russian banks that were hit with new Western sanctions are secure and are not affected by the sanctions, Deputy …
Russian cenbank tells banks to consider postponing dividends
MOSCOW – The Russian central bank on Friday told lenders to consider postponing dividends and bonus payments to managers, as it announced measures to ease …
Russian sanctioned banks report enough liquidity to meet clients’ demands
MOSCOW – Russian banks sanctioned by the West have enough liquidity to meet clients’ demands and are doing everything possible to calmly make it through …
China urges banks, insurers to support affordable rental housing
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 …
Italian banks’ govt bond holdings rise in January – ECB
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 …
Russian central bank provides banks with $23 billion at 3-day repo auction
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 …
Greek lender Piraeus Bank’s Ukraine operations only 0.2% of assets
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, …
Russian central bank pledges support to sanctions-hit banks, promises to honor forex deposits
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 …
U.S. hits major Russian banks with sanctions over invasion of Ukraine
WASHINGTON – The United States on Thursday imposed sanctions on Russia in retaliation for its invasion of Ukraine, targeting its two biggest banks and members …
Biden says VTB, other Russian banks to be sanctioned
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 …
Russian central bank raises limit on banks’ outstanding debt under repo to $50 billion
MOSCOW – The Russian central bank on Thursday said it was raising the ceiling for banks’ outstanding debt under repo auctions to $50 billion from …
Austria’s RBI says Russian, Ukraine banks well-capitalised
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 …
U.S. imposes sanctions on two Russian banks – Treasury Dept
– 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 …
U.S. banks do not expect major financial impact, risk contagion from Russia sanctions – sources
WASHINGTON – Banks in the United States do not expect a material financial impact on their businesses, or broader risk contagion, as a result of …
Brookfield in talks to buy First Abu Dhabi Bank’s payments arm in $1 billion deal – Bloomberg News
– 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 …
Canadian banks set for 1st-qtr profit growth, but costs, margins could deal blow
By Nichola Saminather TORONTO – Canadian banks are set to report higher first-quarter earnings from a year ago, thanks to low provisions for credit losses …
Spanish banks widen cashier services for elderly to tackle exclusion
By Jesús Aguado MADRID – Under pressure from a campaign by a 78-year-old pensioner against financial exclusion of elderly people in the digital age, Spanish …
Thai banks’ bad loans at 2.98% of lending at end-December
BANGKOK – Thai banks’ non-performing loans slightly dropped to 2.98% of total lending at the end of December from 3.14% as the end of September, …
Factbox-What global banks forecast for Fed rate hikes in 2022
– Major investment banks have penciled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the …
Factbox-What global banks forecast for Fed rate hikes in 2022
– Major investment banks have pencilled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the …
U.S. banks urge regulators to be flexible on climate-risk rules
By Michelle Price WASHINGTON – U.S. banks this week welcomed a regulatory proposal to incorporate climate change risks into their daily operations, yet said they …
Exclusive-Lithuania warns banks of cyber attacks, power cuts amid fears of war in Ukraine
By Andrius Sytas – Lithuania’s central bank has told the country’s banks to prepare for power cuts and cyberattacks as Russia’s standoff with Ukraine risks …
Forcing foreign banks to become EU branches ‘a last resort’, says official
By Huw Jones LONDON – Forcing foreign bank branches in the European Union to become subsidiaries would be a “last resort” to shed light on …
Tech Companies, Banks Crack Down On Anti-Mandate Convoy Supporters
As Canadian Prime Minister Justin Trudeau imposed strict emergency measures intended to quell anti-mandate trucker protests late Monday, social media platforms and online services have …
Regulators probe block trading at Wall Street banks, hedge funds- WSJ
– Federal investigators have launched a probe into block trading at Wall Street hedge funds and banks including Morgan Stanley and Goldman Sachs Group Inc, …
Essex County Man and Union County Man Charged with Scheme to Steal Checks and Defraud Banks
NEWARK, N.J. – Two people were arrested today for their roles in a scheme to steal and alter checks from the mail by using stolen …
U.S. banks outlook positive with loan growth and rate hikes in view
By Sinéad Carew – While U.S. bank stocks had a rocky start to the year, investors and analysts see accelerating loan growth and Federal Reserve …
Camden Man Sentenced to 92 Months in Prison for Robbing Banks
CAMDEN, N.J. – A Camden man was sentenced today to 92 months in prison for his role in a bank robbery spree in July 2018, …
U.S. rate hikes could hit highly dollarized emerging market banks – Moody’s
By Rodrigo Campos NEW YORK – Banks in Latin America and emerging Europe are most exposed to dollarization among developing economies, making them vulnerable to …
One dead during crash on Red Bank’s Coopers Bridge
RED BANK, NJ – The Red Bank Police Department has reported one death in an accident on Coopers Bridge, one of the main entry points …
Central banks to embark on “largest quantitative tightening in history” – Morgan Stanley
LONDON – The world’s top central banks are about to embark on “the largest quantitative tightening in history”, analysts at Morgan Stanley said on Friday, …
U.S. banks see business lending driving 2022 growth
By Elizabeth Dilts Marshall NEW YORK – Demand for business loans is picking up in the United States as an economic recovery drives consumer spending …
Banks open fixed income front in Europe’s data price battle
By Huw Jones LONDON – The price of bond market data has risen by half over the past five years, which could prompt some users …
Two Georgia Residents Indicted For Scheme to Defraud Banks and Credit Unions in Green Bay and the Fox Valley
United States Attorney Richard G. Frohling of the Eastern District of Wisconsin announced that on February 1, 2022, a federal grand jury returned an indictment …
Goldman Sachs leads U.S. banks in return to office
By Matt Scuffham and Noor Zainab Hussain – Goldman Sachs’ U.S.-based staff returned to the office for the first time this year on Tuesday, with …
Vicari meets with banking commissioner as banks close in senior populated Ocean County
TOMS RIVER, NJ – Ocean County senior citizens are concerned about the recent trend of banks closing local and small community branches. The county is …
Red Bank’s Towne and Country Deli destroyed in morning fire
RED BANK, NJ – A Red Bank business was destroyed in a fire Saturday morning. The Towne and Country Deli, located in a plaza on …
Man Arrested for Allegedly Robbing Two Suburban Chicago Banks
CHICAGO — A man has been arrested for allegedly robbing two suburban Chicago banks in recent weeks. ANTONIO E. COLLINS has been charged with robbing …
Essex County Man Sentenced to Three Years in Prison for Unlawfully Possessing Firearm and Conspiring to Defraud Banks of Over $250,000 Using Stolen Credit Cards and Blank Checks
NEWARK, N.J. – An Essex County, New Jersey, man was sentenced today to 36 months in prison for illegally possessing a firearm and conspiring to …
Armed Career Criminal Sentenced to 15 Years for Possessing a Firearm on the Outer Banks
NEW BERN, N.C. – An Elizabeth City man was sentenced today to 180 months in prison as an Armed Career Criminal after being found with …