US banks suffer steeper losses, but retain large cushions in annual Fed health check
WASHINGTON, June 26 (Reuters) – The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal […]
Big US banks withstand Fed’s commercial real estate shock scenario
NEW YORK, June 26 (Reuters) – Big U.S. banks survived a hypothetical 40% drop in commercial real estate values as a part […]
EU banking watchdog calls out lenders for inflating capital buffers
LONDON, June 27 (Reuters) – Banks in the European Union may be inflating the value of their high risk debt used for […]
A common currency in the Sahel: behind the political logic, an economic risk
General Tiani, head of the Nigerien junta, announced on February 11, 2024 the launch of a reflection by the AES on leaving the […]
Wealthy nation creditor club sees tide shifting as debt defaults peter out
LONDON, June 26 (Reuters) – The debt crisis risk that has overshadowed the global economy for four years is beginning to recede, […]
UK financial watchdog to publish industry bullying, sexism update in autumn
LONDON, June 26 (Reuters) – Britain’s markets regulator will publish an update in autumn into how companies are detecting and dealing with […]
EU’s new Anti-Money Laundering Authority is now official, seeks chair
FRANKFURT, June 26 (Reuters) – The regulation that sets up the European Union’s new agency to combat money laundering went into force […]
US dollar advances after hawkish Fed comment, economic data
NEW YORK, June 25 (Reuters) – The U.S. dollar rose on Tuesday, bolstered by hawkish comments from Federal Reserve officials as well […]
Exclusive: Hyundai India IPO banks set for country’s second biggest payday with $40 million fee
MUMBAI, June 26 (Reuters) – Banks advising South Korean automaker Hyundai on its India IPO are set to make as much as […]
Wealthy nation creditor club sees tide shifting as debt defaults peter out
LONDON, June 26 (Reuters) – The debt crisis risk that has overshadowed the global economy for four years is beginning to recede, […]
Central banks must prepare for profound impact of AI, BIS says
LONDON, June 25 (Reuters) – Central banks should embrace the benefits of artificial intelligence (AI) the Bank for International Settlements (BIS)has said, […]
Foreign banks target Switzerland after UBS takeover of Credit Suisse
ZURICH, June 24 (Reuters) – As Credit Suisse fades into history following its takeover by UBS last year, global banks are expanding […]