Bank of Canada holds interest rate at 5%, sees weak growth and stubborn inflation
TORONTO The Bank of Canada on Wednesday held its key overnight rate at 5.0% as expected and forecast
2023-10-25 22:46
Bank of Canada cut 2023 growth forecast, sees persistently high inflation
OTTAWA, Oct 25 The Bank of Canada on Wednesday cut its 2023 growth forecast to 1.2% from the
2023-10-25 22:26
Deutsche Bank shares surge as it promises more cash for investors
Shares in Deutsche Bank surged nearly 7% Wednesday after it said strong earnings meant it could pay out more cash to shareholders over the next two years than previously anticipated.
2023-10-25 19:19
Bank of Canada seen leaving rates on hold amid economic slowdown
By Steve Scherer OTTAWA The Bank of Canada is widely expected to leave its key overnight rate on
2023-10-25 18:29
Deutsche Bank Q3 net profit down 8%, but better than expected
FRANKFURT (Reuters) -Deutsche Bank posted an 8% drop in third-quarter profit, not as steep as analysts had expected, as revenue
2023-10-25 13:17
Genesis says NY AG lawsuit may force "no deal" bankruptcy liquidation
By Dietrich Knauth NEW YORK Crypto lender Genesis Global said on Tuesday a New York civil fraud lawsuit
2023-10-25 06:48
Big banks had a strong Q3. What about regional banks?
Months after the collapse of regional banks like Signature Bank, First Republic Bank and Silicon Valley Bank, as well as fears of a credit crisis, the regional banking sector may not be out of the woods quite yet.
2023-10-25 03:49
London's bankers can make unlimited bonuses again as UK axes cap
The UK has abandoned a cap on bankers' bonuses, in its latest push to boost the competitiveness of London's financial industry following Brexit.
2023-10-25 00:17
World Bank's Banga says geopolitics pose 'serious' risk to world economy
By Jorgelina do Rosario LONDON World Bank President Ajay Banga said on Tuesday that geopolitic tensions pose the
2023-10-24 15:58
Argentina central bank to keep powder dry for now after election surprise -sources
By Jorge Otaola BUENOS AIRES Argentina's central bank is planning to hold fire for now on any major
2023-10-24 03:24
Bank of Israel holds key interest rate at 4.75%
JERUSALEM The Bank of Israel kept short-term borrowing rates unchanged for a third straight decision as expected on
2023-10-23 21:20
Bank of Canada to leave rates on hold as economy stalls, analysts say
By Steve Scherer OTTAWA The Bank of Canada (BoC) will leave interest rates on hold on Wednesday as
2023-10-23 18:28