As Japan emerges from deflation, banks get wake-up call on interest rate swing
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 …
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 …
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 …
By Nivedita Balu and Arasu Kannagi Basil TORONTO (Reuters) – Canadian banks had a mixed fourth quarter but a common theme underlining all the reports …
By Marc Jones LONDON (Reuters) – Global central bank umbrella body, the BIS, eased its hardline stance on inflation on Monday, calling recent progress encouraging, …
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 …
MUMBAI (Reuters) – The central banks of India and England on Friday signed an agreement on information exchange for settlement of bond trades, the Reserve …
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 …
LONDON (Reuters) – Symphony, the markets infrastructure and tech firm, is teaming up with Google to ramp up its voice analytics offering to banks and …
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 …
By Jorgelina do Rosario and Jorge Otaola BUENOS AIRES (Reuters) – Argentine former central banker Luis Caputo, frontrunner to be the new economy minister, met …
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 …
By Samuel Indyk and Danilo Masoni LONDON (Reuters) – European equity markets are forecast to eke out a modest rise in 2024, a Reuters poll …
By Huw Jones LONDON (Reuters) – EU regulators will challenge banks over their failure to properly apply an accounting rule aimed at making sure their …
(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 …
FRANKFURT (Reuters) – EU rules to protect the financial system from risks stemming from cryptocurrencies contain a loophole that allows banks to circumvent some safeguards …
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 …
MILAN (Reuters) – Italian financial institutions have opted en masse to forego an extraordinary tax the government imposed on the sector in August, making use …
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 …
WILMINGTON, DE – A series of armed bank robberies occurred in Wilmington on November 10, beginning with an attempted robbery at Wells Fargo Bank on …
(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 …
(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 …
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 …
By Lewis Jackson and Rae Wee SYDNEY (Reuters) – Private credit lenders are increasing their footprint in parts of the Australian commercial property market, providing …
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 …
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 …
LONDON (Reuters) – After almost two years of aggressive monetary tightening, the world’s biggest central banks are taking time out before weighing up their next …
ZURICH (Reuters) – The Swiss National Bank said on Thursday it will start a pilot project next month using central bank digital currency (CBDC) for …
By Karin Strohecker and Sumanta Sen LONDON (Reuters) – Central banks across major developed economies in September delivered no rate hikes for the first time …
By Casey Hall and Sophie Yu SHANGHAI (Reuters) – China’s Alibaba is pressuring merchants to offer rock-bottom prices on its marketplaces in this year’s Singles …
(Reuters) – State Street Corp said on Monday its CEO and Chairman Ron O’Hanley will take on an additional role as the bank’s president after …
LONDON (Reuters) – Strategists at JPMorgan have advised opening a ‘short’ position in European banks, and moved the sector from ‘neutral’ to ‘underweight’, they said …
LONDON (Reuters) – What comes after the pause? On Oct. 26, the European Central Bank snapped a 15-month streak of rate hikes by keeping borrowing …
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds reduced their exposure to mega cap tech stocks in recent days, ahead of the companies’ …
By Mark John (Reuters) – After months playing catch-up with inflation, central bankers were starting to believe they have finally pegged interest rates at just …
By Manya Saini and Niket Nishant (Reuters) – U.S. mid-sized banks will likely need to shell out more to retain deposits in the next few …
NEW YORK (Reuters) – Hedge funds bought U.S. stocks in all sectors last week, but mainly in financials, Bank of America said in a report …
LONDON (Reuters) – Global banking regulators on Tuesday proposed a standardised format for major banks to disclose their holdings of cryptoassets from January 2025 to …
A look at the day ahead in U.S. and global markets from Mike Dolan Another eye-catching bounceback in U.S. stocks on Monday was just about …
By Jaspreet Kalra and Ankur Banerjee SINGAPORE/MUMBAI (Reuters) – Asia’s central banks have spent this year defending their currencies against a strong U.S. dollar, paring …
SEOUL (Reuters) – South Korea’s stock market watchdog said on Sunday it found two Hong Kong-based investment banks had engaged in naked short-selling, which would …
By Lananh Nguyen and Aditya Soni (Reuters) -As big U.S. corporations kicked off corporate earnings season this week, executives addressed the Israel-Hamas conflict and some …
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) – Big bank executives warned a number of products and services could become uneconomical if new proposed …
MARRAKECH, Morocco (Reuters) – The World Bank on Friday said it is bolstering collaboration with nine multilateral development banks (MDBs) to accelerate its vision of …
By Balazs Koranyi MARRAKECH (Reuters) – European Central Bank policymakers are planning a springtime push to cut interest payments made to commercial banks, in part …
By David Lawder MARRAKECH, Morocco (Reuters) – World Bank president Ajay Banga on Friday laid out ambitious plans to widen the development lender’s mission to …
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are braced for larger-than-usual post-earnings stock price swings for some U.S. banks, despite signs of …
MARRAKECH, Morocco (Reuters) – World Bank President Ajay Banga said on Wednesday interest rates will likely stay higher for longer and complicate investments for companies …
By Andrea Shalal MARRAKECH, Morocco (Reuters) – Senior executives at multilateral development banks will meet on Wednesday with the top credit ratings agencies, bank executives …
By Huw Jones LONDON (Reuters) – Britain’s banking system is well capitalised to withstand shocks the Bank of England said on Tuesday, adding that next …
By Niket Nishant, Lananh Nguyen, Manya Saini and Jaiveer Shekhawat (Reuters) – Several U.S. banks have told their staff in Israel to work from home …