Fitch warns it may be forced to downgrade multiple banks, including JPMorgan – CNBC
(Reuters) – An analyst at Fitch Ratings warned that U.S. banks, including JPMorgan Chase, could be downgraded if the agency further cuts its assessment of …
(Reuters) – An analyst at Fitch Ratings warned that U.S. banks, including JPMorgan Chase, could be downgraded if the agency further cuts its assessment of …
CINCINNATI, OH – Early Saturday morning, Cincinnati Police reported an incident near The Banks on Freedom Way Downtown where one person was injured due to …
By Saqib Iqbal Ahmed and Nupur Anand NEW YORK (Reuters) – The slide in U.S. bank stocks this week appeared to catch traders in the …
(Reuters) – Australia’s prudential regulator said on Wednesday Bendigo and Adelaide Bank no longer needs to keep an additional amount of cash reserve after the …
By Upasana Singh and Rishav Chatterjee (Reuters) – Australia’s biggest banks are likely to report narrower profit margins in the June quarter as an unprecedented …
By Georgina Lee and Scott Murdoch HONG KONG (Reuters) – China Life Insurance (Overseas) Hong Kong has mandated banks for its 10-year subordinated bond offering, …
By Ann Saphir (Reuters) – Months after a string of bank failures sent shockwaves through the global banking industry, U.S. banks are still heavily using …
LONDON (Reuters) – Major central banks are tentatively eyeing the end of aggressive interest rate hikes as price pressures finally show signs of abating. Inflation …
By Huw Jones LONDON (Reuters) – European Union banks’ plans for surviving a major crisis without having to tap central bank money will undergo intense …
SHANGHAI/BEIJING (Reuters) – China’s currency regulators are asking some commercial banks to reduce or postpone their purchases of U.S. dollars in order to slow the …
By Ahmed Rasheed and Timour Azhari BAGHDAD (Reuters) -Fourteen Iraqi private banks hit with curbs by the United States over allegedly helping siphon U.S. dollars …
(Reuters) – Laurentian Bank of Canada’s shares fell 9% on Friday after a newspaper reported that the Montreal-based bank was struggling to find an acquirer …
By Lewis Jackson SYDNEY (Reuters) – Foreign bank lending to Australian office real estate hit a record high in the first quarter as overseas lenders …
By Jonathan Stempel NEW YORK (Reuters) – Bill Hwang, the founder of Archegos Capital Management, on Thursday asked a judge to let him subpoena documents …
FRANKFURT (Reuters) – European Central Bank policymakers debated raising banks’ mandatory reserves to 2% from 1% of their deposits at their meeting on Thursday as …
By Tatiana Bautzer and Pete Schroeder NEW YORK (Reuters) – U.S. banking giants may take up to four years to set aside profits to meet …
By Iain Withers, Valentina Za and Jesús Aguado LONDON/MILAN/MADRID (Reuters) – Europe’s major banks, including Deutsche Bank and Lloyds Banking Group, on Wednesday pointed to …
A look at the day ahead in U.S. and global markets from Mike Dolan Alphabet outshone Microsoft as the latest two of the tech giants …
SHANGHAI/BEIJING (Reuters) -China’s major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade …
By Huw Jones LONDON (Reuters) – The Bank of England said on Monday it will check from October whether top banks can be smoothly wound …
By Pete Schroeder WASHINGTON (Reuters) – U.S. banking regulators will on Thursday unveil a sweeping proposal for stricter bank capital requirements known as the “Basel …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The week ahead could be …
MILAN (Reuters) – The European Central Bank (ECB) will ask banks to provide weekly liquidity data from September so that it can carry out more …
By Davide Barbuscia NEW YORK (Reuters) – A feared liquidity drainage in the U.S. banking system as the Treasury refills its coffers has not materialised …
By Matt Tracy (Reuters) – The U.S. commercial property market has faced severe challenges since the pandemic due to lingering office vacancies, diminished retail activity …
PARIS (Reuters) – France’s post-Brexit success in attracting banks from London to Paris has exceeded expectations and is increasingly showing up in the country’s balance …
SHANGHAI (Reuters) – China’s major state-owned banks were seen selling dollars to buy yuan in the offshore spot market in early Asian trades on Thursday, …
A look at the day ahead in U.S. and global markets from Mike Dolan The benign July investment environment gets tested on Tuesday by updates …
A look at the day ahead in U.S. and global markets from Mike Dolan China’s spluttering recovery set the tone for world markets on Monday …
A look at the day ahead in U.S. and global markets from Mike Dolan Flush with hope that impressive disinflation will allow the Federal Reserve …
By Byron Kaye SYDNEY (Reuters) – The CEOs of Australia’s two biggest banks said on Thursday a tight labour market was keeping late home loan …
Jim Banks To Grill Military Academy Heads On Race-Based Admissions Micaela Burrow on July 12, 2023 House lawmakers plan to grill leaders of the military …
By Michael S. Derby NEW YORK (Reuters) – Cleveland Federal Reserve President Loretta Mester said on Wednesday that the U.S. central bank’s new real-time money …
NEW DELHI (Reuters) – Finance ministers and central bank governors of the G20 member nations are set to meet and discuss reforms to multilateral development …
(Reuters) -Canada’s banking regulator on Tuesday proposed changes to capital adequacy guidelines that would require lenders and mortgage insurers to hold more funds to better …
By Jihoon Lee SEOUL (Reuters) -South Korean state-run banks are providing at least two trillion won ($1.54 billion) of liquidity support to a credit union …
Collapsed Bank’s Former Owner Sues Federal Regulator For $2 Billion After Massive Bailout Jason Cohen on July 10, 2023 California tech lender Silicon Valley Bank’s …
SHANGHAI/SINGAPORE (Reuters) – Chinese banks are facing increasing risks from rising non-performing loans (NPLs) and diminishing returns, making them a lightning rod for investors’ worries …
BEIJING (Reuters) – Goldman Sachs’ downgrade of some major Chinese lenders to “Sell” ratings is based on “pessimistic assumptions,” state-backed Securities Times said in an …
NEW YORK (Reuters) – Federal Reserve lending to banks ebbed in the latest week, central bank data released Thursday said. Lending via the central bank’s …
FRANKFURT (Reuters) – The European Central Bank on Thursday backed proposed new EU rules for closing down smaller banks when they fail, but said they …
By Vuyani Ndaba JOHANNESBURG (Reuters) – Emerging market currencies will hold on to gains into next year provided their respective central banks hold or only …
By Huw Jones LONDON (Reuters) – Britain’s role as a leading financial centre is at stake unless it comes up with a roadmap for digital …
(Reuters) -Australia’s corporate regulator on Wednesday asked the country’s banks to disclose data on fees charged to Indigenous consumers after a review found they were …
By Huw Jones and David Milliken LONDON (Reuters) – British banks should have to serve a customer even if they disagree with his or her …
By Echo Wang and Anirban Sen NEW YORK (Reuters) – China-founded online retailer Shein is working with at least three investment banks about a potential …
LONDON (Reuters) – British finance minister Jeremy Hunt gave his backing to the country’s financial regulator FCA to ensure banks are passing on better savings …
SHANGHAI/BEIJING (Reuters) – China’s central bank has surveyed some foreign banks in the past week about the interest rates they offer to their clients for …
By Marc Jones LONDON (Reuters) – The first six months of 2023 have been eventful for financial markets – from an artificial intelligence (AI) inspired …
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Many macro hedge funds that bet on global economic trends are ending the first half …