Big central banks hike again with end of tightening in sight
LONDON Major central banks are tentatively eyeing the end of aggressive interest rate hikes as price pressures finally
2023-07-28 16:50
Analysis-US bank preferred capital issuance makes a tentative comeback
By Shankar Ramakrishnan Investor appetite for a type of debt issued mostly by banks to boost their capital
2023-07-28 13:17
Lordstown Motors stalls on the road to a quick bankruptcy sale
By Dietrich Knauth NEW YORK Bankrupt Lordstown Motors must face trial over a rival carmaker's claim that Lordstown
2023-07-28 03:28
US bank regulators announce sweeping proposals on capital rules
WASHINGTON (Reuters) -U.S. regulators unveiled a sweeping overhaul Thursday that would direct banks to set aside billions more in capital
2023-07-28 02:51
Europe's banks are bracing for a wave of defaults
Some of Europe's biggest banks are setting aside more cash to absorb potential losses on loans, as rising interest rates increase pressure on borrowers.
2023-07-28 00:21
Bankman-Fried campaign finance charge dropped, lessening trial's political focus
By Luc Cohen NEW YORK The decision by U.S. prosecutors on Wednesday to drop a campaign finance charge
2023-07-28 00:16
Yellow Corp trucking company shares plunge as bankruptcy looms
The end may be close for Yellow Corp, a nearly century-old trucking company with 30,000 employees.
2023-07-27 23:59
Bank of America CEO flags effects of higher capital requirements
By Jonathan Stempel and Tatiana Bautzer NEW YORK Bank of America CEO Brian Moynihan said U.S. authorities need
2023-07-27 21:28
European Central Bank hikes rates to highest level since 2000
The European Central Bank raised interest rates by a quarter of a percentage point Thursday, judging that inflation remains too high even as data points to a deepening economic downturn in the 20 countries that use the euro.
2023-07-27 20:18
Pakistan seen hiking rates again on IMF guidance, analysts say
By Ariba Shahid KARACHI Pakistan's central bank will likely raise its key interest rate again on Monday to
2023-07-27 16:22
US regulators to unveil plan for banks to build cash reserves
By Pete Schroeder WASHINGTON U.S. regulators are set to propose a rule that could significantly raise capital requirements
2023-07-27 12:20
US banks may take up to 4 years to set aside profits for new capital rules
By Tatiana Bautzer and Pete Schroeder NEW YORK U.S. banking giants may take up to four years to
2023-07-27 00:55