BOJ’s policy tweak hasn’t led to lending windfall, Mizuho head says
By Ritsuko Shimizu TOKYO (Reuters) – The Bank of Japan’s decision to let long-term rates rise more has not sparked a boom in revenue from lending as the central bank…
By Ritsuko Shimizu TOKYO (Reuters) – The Bank of Japan’s decision to let long-term rates rise more has not sparked a boom in revenue from lending as the central bank…
FRANKFURT (Reuters) – Bank lending to euro zone companies slowed in November, easing back from the sector’s biggest borrowing binge in over a decade as rising interest rates and a…
SHANGHAI (Reuters) – China is likely to keep benchmark lending rates unchanged for the fourth straight month in December on Tuesday, a Reuters survey showed, but expectations for monetary easing…
BUDAPEST (Reuters) – Hungary’s banking system is stable and has significant reserves to manage risks, the National Bank of Hungary said on Thursday, adding that banks faced weaker profitability due…
SHANGHAI (Reuters) – China is expected to keep benchmark lending rates unchanged for the third straight month on Monday, a Reuters survey showed, as policymakers remain reluctant to drive the…
By Sameer Manekar (Reuters) – Commonwealth Bank of Australia, the country’s largest bank, on Tuesday reported better-than-expected cash earnings for the first quarter, helped by lending growth and rising interest…
HONG KONG (Reuters) – HSBC Holdings said on Thursday it is raising its best lending rate in Hong Kong by 25 basis points to 5.375% effective Nov. 4 after the…
MADRID (Reuters) – Spain’s Caixabank on Friday said that its net profit in the third quarter rose 18.8% against a year ago thanks to an increase in lending income, fees…
By Manya Saini and Simon Jessop LONDON (Reuters) – Royal Bank of Canada on Wednesday released interim 2030 targets to cut carbon emissions linked to some of its loans, yet…
TOKYO (Reuters) -The preferred bidder to buy out Toshiba Corp, a group led by private equity firm Japan Industrial Partners (JIP), is likely to miss the deadline to secure bank…
ISTANBUL (Reuters) – Turkey tightened lending rules for many companies with more than $500,000 in foreign currency cash on Friday, sweeping up more borrowers under rules adopted in June in…
SHANGHAI (Reuters) – China is widely expected to keep benchmark lending rates unchanged for a second straight month on Thursday, a Reuters survey showed, although a few market watchers think…
Memphis, TN – The Justice Department today announced it has secured an agreement to resolve allegations that Evolve Bank & Trust, which is headquartered in Memphis, engaged in lending discrimination on the…
HONG KONG (Reuters) – HSBC Holdings said on Thursday it raised its best lending rate in Hong Kong by 12.5 basis points to 5.125% effective Sept. 23 after the city’s…
SHANGHAI (Reuters) – China is expected to keep lending benchmarks unchanged this week, a poll of market participants showed, with authorities seen holding off monetary easing in the short-term to…
By Lananh Nguyen NEW YORK (Reuters) – Bank of America Corp created a new group in its global wealth and investment management division to focus on lending to rich clients,…
VLADIVOSTOK, Russia (Reuters) – Russia’s VTB Bank CEO Andrei Kostin on Wednesday said there was room for the central bank to cut its key rate to 7.5% and then 7%…
VLADIVOSTOK, Russia (Reuters) – Russia’s largest lender, Sberbank, on Tuesday said it had started lending in Chinese yuan, as Moscow looks to develop its financial infrastructure in countries that have…
By Nupur Anand and Aditya Kalra MUMBAI (Reuters) – India’s stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms and jeopardised loan offerings of Amazon, prompting companies…
By Leika Kihara TOKYO – Japanese bank lending rose 1.8% in July from a year earlier, accelerating from the previous month, as some companies borrowed more to meet rising raw…
WASHINGTON – Pledges from wealthier International Monetary Fund members to lend IMF Special Drawing Rights reserves to poorer countries through two IMF trust funds have reached about $58 billion, U.S.…
PHILADELPHIA – United States Attorney Jacqueline C. Romero announced that the Department of Justice, the Consumer Financial Protection Bureau (CFPB), and the Attorneys General of Pennsylvania, New Jersey, and Delaware…
FRANKFURT – Lending to euro zone companies accelerated in June, confounding fears that banks are tightening access to credit as uncertainty about inflation and the fallout of the war in…
By David Lawder WASHINGTON – The International Monetary Fund said on Thursday it hopes to begin lending from its new Resilience and Sustainability Trust (RST) for vulnerable low and middle-income…
(Reuters) – Wells Fargo said on Monday that Kleber Santos will take over as the chief of consumer lending effective immediately. Santos served as head of Diverse Segments, Representation and…