deposit

By David Lawder WASHINGTON (Reuters) – Hardline Republicans in the House of Representatives on Monday vowed to oppose any universal federal guarantee on bank deposits above the current $250,000 limit, …

By Tatiana Bautzer NEW YORK (Reuters) – U.S. regional banks are expected to pay higher rates to depositors to keep them from switching to larger lenders, banking analysts said, following …

(Reuters) – S&P has not placed other U.S. banks on CreditWatch negative since First Republic Bank as it has not seen widespread deposit outflows, the ratings agency said on Tuesday, …

By Jonathan Cable LONDON (Reuters) – The peak for European Central Bank interest rates will be much higher than thought only a month ago, according to economists polled by Reuters, …

(Reuters) – Citigroup expects the European Central Bank to hike rates by 50 basis points each in March and May to push its policy rates to about 4% by July. …

By Mehnaz Yasmin (Reuters) – Citigroup Inc may see more net interest margin (NIM) pressure than the other four big U.S. banks this year due to its high deposit betas, …

Biden Admin Blocks Mining Of ‘World’s Largest Undeveloped’ Ore Deposit As It Pushes Copper-Heavy EVs, Wind Turbines Bronson Winslow on January 31, 2023 The Biden Administration’s Environmental Protection Agency (EPA) issued …

ISTANBUL (Reuters) – Turkey extended by a year a scheme that had it adopted in the throes of a 2021 currency crisis which protects lira deposits from depreciation versus hard …

By Jonathan Cable LONDON (Reuters) – The European Central Bank will take its deposit rate up by 50 basis points next week to 2.00%, despite the euro zone economy almost …

NEW YORK (Reuters) – U.S. savers are being left behind by the Federal Reserve’s aggressive campaign of interest rate rises, and that’s unlikely to change soon. New research from the …

By Jonathan Cable LONDON (Reuters) – The European Central Bank will press on with policy tightening, adding 50 basis points to its deposit rate next month as it worries rapid …

WASHINGTON (Reuters) – U.S. President Joe Biden has tapped Martin Gruenberg to serve as chairman of the board of directors of the Federal Deposit Insurance Corporation, the White House said …

(Reuters) – Qatar’s central bank said on Wednesday it will increase its interest rates by between 50 and 75 basis points, following the U.S. Federal Reserve’s latest rate hike. The …

FRANKFURT (Reuters) – European Central Bank raised interest rates for the third meeting in a row on Thursday and signalled an intention to start mopping up cash from the banking …

By David Lawder WASHINGTON (Reuters) – The U.S. Treasury will announce on Tuesday that a coalition of private firms and foundations will deposit $1 billion into minority-owned and community development …

BEIJING/SHANGHAI (Reuters) – A string of small and mid-sized Chinese banks are following their larger peers and cutting deposit interest rates in the first broad-based move since 2015 to ease …

MUMBAI – The Reserve Bank of India’s key policy repo rate was raised by 50 basis points on Friday, the third increase in the current cycle to cool stubbornly high …

BEIRUT -The World Bank accused Lebanese politicians of being cruel by asserting that deposits in the country’s collapsed banking sector are sacred, saying such slogans “flagrantly contradict the reality” in …

WASHINGTON – A U.S. banking regulator is urging banks dealing with cryptocurrency companies that they need to make sure customers know which of their funds will be insured by the …

NEWARK, N.J.– A New York man today admitted his role in a scheme to alter and deposit hundreds of checks stolen from mailboxes across New Jersey, U.S. Attorney Philip R. …

By Swathi Nair BENGALURU – The European Central Bank is expected to raise the deposit rate for the first time in over a decade in July and bring it out …

SHANGHAI – Some Chinese state banks, such as Bank of China and Bank of Communications, will cut deposit rate ceilings on Monday, joining smaller lenders, sources told Reuters. The planned …

By Orhan Coskun and Nevzat Devranoglu ANKARA – A scheme that protects the value of lira deposits has helped Turkey prop up the ailing currency, but payouts from it look …

– Russia’s central bank on Monday said it had raised 1.4 trillion roubles ($12.44 billion) at one-day “fine-tuning” deposit auction. The bank earlier on Monday provided banks with 2.1 trillion …