MADRID (Reuters) – Spain’s High Court has annulled 91 million euros ($100 million) of fines imposed on four Spanish banks, including Santander and BBVA, for selling interest rate derivatives to …
banks
-
-
By Gilles Guillaume PARIS (Reuters) – Renault is banking on new models and a price cut for its Megane model to help in its battle against U.S. rival Tesla Inc …
-
(Reuters) – Central banks will have to intervene more frequently in government bond markets and policymakers should review prudential regulation to make the market more resilient, a provisional study by …
-
(Reuters) – Commercial banks should prepare to borrow more readily from central banks to limit contagion in times of stress and discourage runs by depositors, an expert regulatory panel said …
-
By Matt Tracy (Reuters) – U.S. banks are expected to dominate corporate bond issuance following several major players’ earnings on Friday and early next week, according to bond investors and …
-
BUENOS AIRES (Reuters) – Argentina’s Economy Minister Luis Caputo discussed with representatives of banks the country’s economic program, including liability management, but no official debt swap proposals have been made, …
-
By Ebru Tuncay ISTANBUL (Reuters) – Some Turkish banks have begun to cut their lira deposit rates to ease pressure on margins, banking sources said, after rising interest rates during …
-
SHANGHAI/BEIJING (Reuters) – China’s major state-owned banks were active in onshore and offshore foreign exchange markets this week trying to contain the yuan’s slide, four people with direct knowledge of …
-
By Michael S. Derby NEW YORK (Reuters) – Wall Street’s biggest banks shifted ahead of last month’s Federal Reserve meeting toward predicting the U.S. central bank would end its balance …
-
(Reuters) – Some of China’s top banks have sharpened scrutiny of smaller peers’ asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb …
-
(Reuters) – U.S. banks whose net interest margins (NIM) have been compressed due to higher funding costs are unlikely to see relief before the end of 2024 even if the …
-
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) -The Japanese government’s reform push for the country’s $5 trillion asset management industry has sparked a series of action plans from top …
-
SEOUL (Reuters) – South Korea’s commercial banks will provide 2 trillion won ($1.53 billion) to support small businesses, the organisation representing the lenders said on Thursday, amid political and regulatory …
-
SHANGHAI/SINGAPORE (Reuters) – Chinese banks are putting bad loans up for sale at a record pace, as regulators push for faster disposal of sour debts amid rising consumer defaults during …
-
By Lananh Nguyen NEW YORK (Reuters) – Bank of America executive Keith Banks, who ran several of its major businesses, will retire at the end of February after more than …
-
By Jorgelina do Rosario BUENOS AIRES (Reuters) – Argentina’s new central bank president Santiago Bausili has invited bank representatives in the country for a meeting at 9 a.m. (1200 GMT) …
-
A look at the day ahead in European and global markets from Wayne Cole It’s set to be a pivotal week as the Federal Reserve leads a quintet of rich-world …
-
By Mike Dolan LONDON (Reuters) – Hold on to your hats. Central banks appear in no mind to rehabilitate the forward policy guidance prevalent before the pandemic and that’s forcing …
-
SHANGHAI (Reuters) – Global investment banks see the yuan facing continued downside pressure in the first half of 2024 before turning around over the following six months on views that …
-
FRANKFURT (Reuters) – Euro zone banks talking the most about climate change are the biggest lenders to polluting industries and use public relations noise to mask their support, a blog …
-
By David Lawder (Reuters) – World Bank President Ajay Banga on Wednesday called on member countries to make the next replenishment of the lender’s fund for the world’s poorest countries …
-
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 banks, however, there’s a hitch: …
-
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 the new administration of President …
-
By Nivedita Balu and Arasu Kannagi Basil TORONTO (Reuters) – Canadian banks had a mixed fourth quarter but a common theme underlining all the reports was the rise in bad …
-
By Marc Jones LONDON (Reuters) – Global central bank umbrella body, the BIS, eased its hardline stance on inflation on Monday, calling recent progress encouraging, but stressed that central banks …