By Andrea Shalal MARRAKECH, Morocco (Reuters) – The U.S. Treasury Department is pushing the World Bank and regional multilateral development banks to complete work on …
NEW YORK (Reuters) – The Federal Reserve said on Thursday that credit it has extended to help wind down failed banks marked a big drop …
By Nell Mackenzie LONDON (Reuters) – Global hedge funds raced to load up on bullish positions in banks, insurance companies and capital markets as September …
BUDAPEST (Reuters) – Hungary’s government has raised the 2023 budget deficit target to 5.2% of economic output from 3.9%, the finance ministry said on Tuesday, …
BUDAPEST (Reuters) – Hungary’s government has asked banks to impose a voluntary cap on interest rates on new loans for households and companies from Oct. …
By Karin Strohecker and Sumanta Sen LONDON (Reuters) – Central banks across major developed economies delivered what looked like a last gasp set of rate …
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Commodity Futures Trading Commission on Friday ordered Goldman Sachs, Bank of America and JPMorgan to pay a total …
By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s central bank said on Tuesday it was looking into whether banks involved in a S$2.4 billion ($1.75 billion) …
By Huw Jones LONDON (Reuters) – European Union banks already largely meet tougher global capital rules to bolster defences against economic crises and now only …
By Nevzat Devranoglu ANKARA (Reuters) – The Turkish central bank’s net international reserves rose by more than $6 billion last week to about $24 billion, …
‘Quiet Crisis’: Food Banks Are Inundated With Requests For Aid As Inflation Bites Will Kessler on September 25, 2023 Food banks across the U.S. are …
By Valentina Za MILAN (Reuters) – Italy’s larger banks are still expected to pay a one-off banking tax despite the government at the weekend offering …
(Reuters) – Rising wage costs and higher investment spending by Australian banks pose headwinds that could potentially impact the sector’s earnings by up to 10% …
By Huw Jones LONDON (Reuters) – Most leading euro zone banks have met a January 2024 target for issuing special debt to replenish capital in …
By Lucinda Elliott MONTEVIDEO (Reuters) – Diego Labat, Uruguay’s central bank chief, is sitting pretty. Inflation is at the lowest level in nearly two decades, …
FRANKFURT (Reuters) – Euro zone banks will repay early another 34.2 billion euros in multi-year loans from the European Central Bank, shedding central bank liquidity …
By Lucy Craymer WELLINGTON (Reuters) – New Zealand banks on Friday said they would introduce new steps to counter scams targeted at its customers including …
By Huw Jones LONDON (Reuters) – This year’s bank turmoil showed some boards and senior management failed in their most basic responsibilities and more regulatory …
BEIJING (Reuters) -China’s central bank said on Thursday it would cut the amount of cash that banks must hold as reserves for the second time …
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) – Talks between Sri Lanka and its international bondholders will seek common ground on how much …
By Jamie McGeever ORLANDO, Florida (Reuters) -If you view global central banks’ and reserve managers’ appetite for U.S. Treasuries through a value-adjusted lens, official sector …
SHANGHAI (Reuters) -China’s central bank has asked some of the country’s biggest lenders to refrain from immediately squaring their foreign exchange positions in the market, …
By Huw Jones LONDON (Reuters) – Britain’s financial watchdog told banks on Friday it would “ramp up” checks on whether they were properly assessing and …
NEWARK, N.J. – Cabral Simpson, a 46-year-old man from Orange, New Jersey, pleaded guilty to conspiring to commit wire fraud. U.S. Attorney Philip R. Sellinger …
By Aniruddha Ghosh (Reuters) – Goldman Sachs and Morgan Stanley are poised for stronger results next year compared to other large-cap U.S. banks as dealmaking …
By Saeed Azhar and Ann Saphir NEW YORK/SAN FRANCISCO (Reuters) – U.S. lenders are holding onto large piles of cash as insurance against a slowing …
(Reuters) – Credit Suisse clients withdrawing their money as the bank headed for collapse likely accounts for the first significant balance sheet contraction in a …
By Nell Mackenzie LONDON (Reuters) – Hedge funds ditched short bets against U.S. regional banks as of the end of August and turned bullish on …
MOSCOW (Reuters) – Russian Deputy Finance Minister Alexei Moiseev said on Friday that the government would not allow foreign banks to leave Russia easily. “We …
SHANGHAI/SINGAPORE (Reuters) -China’s central bank said on Friday it will cut the amount of foreign exchange that financial institutions must hold as reserves for the …
(Reuters) – U.S. officials are exploring ways to allow a broader base of financial firms, including nonbank mortgage lenders, to borrow from Federal Home Loan …
BEIJING (Reuters) -An official at China’s central bank urged banks to step up lending to private companies during a meeting on Wednesday with financial regulators, …
By Iain Withers LONDON (Reuters) – A majority of large European banks reported a fall in deposits over the year to June 2023 as customers …
By Makiko Yamazaki TOKYO (Reuters) – Japan’s financial regulator will closely monitor how central bank policy impacts regional banks, as the world’s third-largest economy approaches …
SINGAPORE (Reuters) – Malaysia’s central bank said on Monday that banks incorporated in the Southeast Asian nation faced limited financial stability risk arising from exposure …
UN Warns Big Banks Their Investments In Saudi Oil Company Could Violate Human Rights Laws Nick Pope on August 25, 2023 The United Nations (UN) …
(Refiles to remove extraneous word ‘have’ from final paragraph) By Jesús Aguado MADRID (Reuters) -The European Central Bank needs to measure the impact of the …
(Reuters) – Toronto-Dominion Bank on Thursday reported a drop in third-quarter profit as the Canadian lender set aside more rainy-day funds to cover losses from …
ZURICH (Reuters) – Switzerland’s financial regulator looked into the risk of money laundering at 30 banks this spring, FINMA said in an analysis published on …
BOGOTA (Reuters) – Colombia’s banks have called on the country’s central bank to tackle liquidity issues amid lower-than-expected government spending and compliance with international regulatory …
By Echo Wang and Anirban Sen NEW YORK (Reuters) – Chip designer Arm signed up 28 banks for its blockbuster initial public offering without giving …
By Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) – Inflation has tumbled spectacularly across much of the world this year but the job is only half …
By Sinead Cruise and Huw Jones LONDON (Reuters) – Banks in Britain may be free to award even bigger bonuses from January but new pay …
‘This Gets Worse’: ‘Shark Tank’ Star Kevin O’Leary Predicts ‘A Real Run’ On Regional Banks Harold Hutchison on August 22, 2023 “Shark Tank” star Kevin …
Another Major Credit Agency Downgrades Several US Banks Will Kessler on August 22, 2023 A major U.S. credit agency cut the ratings of multiple banks …
By Siddhi Nayak, Jaspreet Kalra and Shivangi Acharya MUMBAI/NEW DELHI (Reuters) – India’s central bank is nudging local banks to ask their clients to settle …
CINCINNATI, OH – An altercation between two individuals at The Banks led to a shooting incident early Saturday morning. The event occurred around 2:45 a.m., …
BEIJING (Reuters) – Chinese commercial banks need to maintain a proper level of profit and net interest margins to ensure sustainability in supporting the real …
John Podesta Cited A Major Investment Bank’s Solar Projections. There’s Just One Problem Nick Pope on August 16, 2023 Senior Advisor to the President for …
By Davide Barbuscia NEW YORK (Reuters) -Deflationary pressures in China could spill over into global markets, which is potentially near-term good news for Western central …