Bank of England hikes rates for 13th time as inflation stays high
The Bank of England raised interest rates by half a percentage point Thursday, after data this week revealed surprisingly stubborn inflation.
2023-06-22 19:23
US banks push back as regulators prepare international capital hikes
By Pete Schroeder WASHINGTON U.S. banks are pushing to soften a major regulatory proposal to hike bank capital
2023-06-22 18:19
UBS's size will be taken into account - SNB Vice-Chairman
ZURICH The Swiss National Bank will consider closely the size of UBS following the completion of its takeover
2023-06-22 17:48
EU Banks Expand Risk Scenarios They Face From Climate Change
European banks are building out their risk models to better prepare for the fallout from climate change, with
2023-06-22 17:25
Indonesia, Philippine Stand Pat Amid Easing Price Pressures
Central banks in Indonesia and the Philippines kept borrowing costs unchanged as expected, with both signaling rates will
2023-06-22 17:24
China’s Midea Drops Pursuit of Swedish Home Appliance Maker Electrolux
Midea Group Co. has dropped its pursuit of Electrolux AB after finding the Swedish home appliance maker unreceptive
2023-06-22 16:16
Norway central bank raises rate to 15-year high, with more to come
By Victoria Klesty OSLO Norway's central bank raised its key policy rate by 50 basis points (bps) to
2023-06-22 16:15
Rupee Globalization to Spur Easier Trade, Ex-RBI Official Says
India’s efforts to internationalize the rupee are aimed at easing trade settlements with other nations, rather than contributing
2023-06-22 15:54
Philippines Keeps Key Rate Unchanged Again as Inflation Slows
The Philippine central bank kept its benchmark interest rate unchanged for a second consecutive meeting as inflation continued
2023-06-22 15:16
Three former Credit Suisse CEOs accused of excessive risk-taking -court filing
ZURICH A group of Credit Suisse AT1 bondholders has filed a class action suit accusing former executives at
2023-06-22 14:55
Swiss National Bank calls for new measures after Credit Suisse crash
By Noele Illien ZURICH (Reuters) -The Swiss National Bank (SNB) on Thursday said it was crucial to draw lessons from
2023-06-22 14:29
New Zealand’s Hipkins Disagrees With Biden That Xi Is a Dictator
New Zealand Prime Minister Chris Hipkins said he wouldn’t characterize Chinese President Xi Jinping as a dictator, disagreeing
2023-06-22 13:53