Argentine Banks Flee to One-Day Notes Amid Government Transition
Argentina’s banks are fleeing short-term notes issued by the country’s central bank for even more liquid securities as
2023-11-24 05:48
Barclays Looking at Cutting £1 Billion in Costs, Reuters Says
Barclays Plc is working on plans to reduce costs by as much as a £1 billion ($1.3 billion),
2023-11-24 01:45
What We Know About Banks at Risk From Benko’s Crumbling Empire
The crumbling of Austrian tycoon Rene Benko’s property empire has investors on edge. Swiss lender Julius Baer Group
2023-11-23 22:59
Klarna Wins Regulatory Approval to Offer Credit, Payments in UK
Klarna Bank AB won approval to offer credit and payment products in the UK, though the new authorization
2023-11-23 22:25
UAE Tightens Scrutiny on Russian Firms Amid Pressure From US
Russian firms based in the United Arab Emirates are coming under greater scrutiny from local banks as the
2023-11-23 22:19
BNP Paribas Cracks Down on Mining Clients With New Coal Policy
BNP Paribas SA is imposing new financing restrictions as part of an updated policy around how to treat
2023-11-23 18:48
Bundesbank Says Too Soon to Declare Finance System All Clear
Germany’s financial system still needs to fully digest higher interest rates so it’s too soon to declare that
2023-11-23 17:45
China Seen Holding Key Policy Rate Until 2024, Economists Say
China will likely wait until early next year to cut policy rates to support the economy, though other
2023-11-23 16:45
China Weighs Unprecedented Builder Support With First-Ever Unsecured Loans
China may allow banks to offer unsecured short-term loans to qualified developers for the first time, people familiar
2023-11-23 15:46
Virgin Money Unveils £150 Million Buyback as Margins Improve
Virgin Money UK Plc plans to buy back a further £150 million ($188 million) of its shares after
2023-11-23 15:45
Troubled China Shadow Bank Warns of $36 Billion Shortfall
Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth of its financial difficulties, telling investors
2023-11-23 12:26
Israel’s $48 Billion War Bill Leaves It at Mercy of Bond Markets
When a team of Israeli technocrats that calls itself the “government’s CFO” scans the battlefield with the war
2023-11-23 12:25