China Considers Moving Stakes in Bad Banks to Sovereign Wealth Fund
China is considering transferring government ownership in the nation’s biggest bad-debt managers to a unit of its sovereign
2023-05-19 09:57
Asian Stocks Set for Mixed Open After US Rally: Markets Wrap
Stocks in Asia are set for a mixed open, with optimism that the US will be able to
2023-05-19 06:58
Pictet Bets Markets Are Wrong on Fed Rate Cut Timing
One of Europe’s biggest asset managers is betting markets are wrong to expect the Federal Reserve to cut
2023-05-18 17:27
Senators Urge Biden to Appoint Independent Banking Investigator
Two senators on the Banking Committee say they have found flaws in regulators’ oversight reviews before some of
2023-05-18 17:17
Philippines Pauses Rate Hikes as Inflation, Growth Cools
The Philippine central bank halted its most aggressive monetary tightening in two decades, amid easing inflation and moderating
2023-05-18 15:24
Deutsche Bank Agrees to Pay $75 Million to Settle Epstein Suit
Deutsche Bank AG agreed to pay $75 million to settle a lawsuit accusing the bank of enabling Jeffrey
2023-05-18 10:20
Asia to Follow US Stock Gains on Debt-Ceiling Bets: Markets Wrap
Asian equities were headed for gains after US stocks rallied on signs of optimism from debt-ceiling talks, allowing
2023-05-18 07:47
Short Sellers Up Regional Bank Bets Even as Lender Concerns Ease
Bets against regional banks continue to pile on even as the sector recovers from the turmoil that shook
2023-05-18 02:45
IMF Approves $3 Billion Bailout for Ghana to Revive Economy
The International Monetary Fund approved Ghana’s request for a $3 billion bailout to support the debt-ridden West African
2023-05-18 01:23
CDS Panel Says Credit Suisse AT1 Wipeout Won’t Prompt Payout
A panel tasked with overseeing the credit default swaps market said that the write down of Credit Suisse
2023-05-18 00:45
Turkey’s Lira Defense Moves Into Full Swing Before Runoff Ballot
Turkey’s central bank is moving in full force to defend the lira ahead of the runoff presidential election
2023-05-17 21:30
Western Alliance Deposit Growth Drives Regional Bank Stocks Up
Shares of US regional banks rallied in premarket trading after Western Alliance Bancorp said deposits had grown by
2023-05-17 19:45