HSBC Switzerland breached money laundering rules- Swiss watchdog
June 18 (Reuters) – FINMA, the Swiss financial watchdog, said on Tuesday that the local HSBC (HSBA.L), opens new tab branch has breached its […]
Global central banks recalibrate as the big policy easing of 2024 fizzles
WASHINGTON, June 17 (Reuters) – Six months ago the world’s major central banks were primed for a move that anyone with a […]
EU to delay core element of Basel bank capital reforms by one year
LONDON, June 18 (Reuters) – The European Union will delay a core element of global reforms to bank capital rules by one […]
Hong Kong’s de facto central bank mulls making green rules mandatory for banking sector
The Hong Kong Monetary Authority (HKMA) is keen to make its green taxonomy framework mandatory for the banking sector to support the […]
JPMorgan, Greek fintech, claim success in London court
LONDON, June 13 (Reuters) – Wall Street bank JP Morgan (JPM.N), opens new tab and Greek fintech boss Haris Karonis both claimed success on […]
ECB’s Kazaks backs market bets on cuts if data holds
DUBROVNIK, Croatia, June 14 (Reuters) – The European Central Bank can continue to lower interest rates broadly how the market expects if […]
3M to transfer about $2.5 bln of US pension obligations to Met Tower Life Insurance
June 13 (Reuters) – 3M (MMM.N), opens new tab said on Thursday it would transfer about $2.5 billion of its U.S. pension payment obligations […]
Saudi Arabia’s petro-dollar exit: A global finance paradigm shift
Originally signed on 8 June 1974, the deal established two joint commissions, one based on economic cooperation and the other on Saudi […]
Edmond de Rothschild to open Saudi office and launch debt platform
DUBAI, June 13 (Reuters) – Edmond de Rothschild Group, a specialist in asset management and private banking, is set to open an […]
Exclusive: Capital Group shakes up strategy to hit $4 trillion by 2031
LONDON, June 12 (Reuters) – Capital Group aims to grow its fixed income business, accelerate overseas expansion and diversify away from its […]
Santander’s Botin bets on tech revamp starting with US consumer banking
LONDON, June 12 (Reuters) – Spain’s Santander (SAN.MC), opens new tab plans to make the United States the launch pad for a revamped platform […]
Rouble swings to opaque trading territory after new US sanctions
MOSCOW, June 13 (Reuters) – New U.S. sanctions that forced Russia’s leading exchange to halt dollar and euro trading led to a […]