Italy’s Windfall Profits Tax on Banks Spooks Markets
Italy’s right-wing government spooked markets with an unexpected tax on banks’ windfall profits, sending the country’s leading lenders
2023-08-08 15:51
Europe’s Inflation-Risk Gauge Flashing Red Is a Headache for ECB
Market measures of inflation risk in Europe are testing record highs and posing a challenge to European Central
2023-08-08 14:19
Stability AI’s Lead Threatened by Departures, Concerns Over CEO
Late last year, Stability AI Ltd., a startup based in London, was at the center of the AI
2023-08-08 13:29
HSBC Denies Poaching SVB Employees During First Citizens Takeover
HSBC Holdings Plc denied wrongdoing in its hiring of dozens of employees of the former Silicon Valley Bank
2023-08-08 12:28
Lazard Sees Further Gains for Japan Banks as BOJ Tweaks
Japanese lenders still have room to rise after the Bank of Japan’s surprise policy tweak last month put
2023-08-08 11:54
China Deflation Threat Grows as Companies Cut Prices to Survive
When China abandoned pandemic restrictions after three years of stringent controls, Nie Xingquan was expecting booming sales for
2023-08-08 10:56
Moody’s Has More Gloomy View on US Banks Amid Several Strains
US banks including Capital One, PNC Financial Services Group and Fifth Third Bancorp had their debt-rating outlooks cut
2023-08-08 08:18
Rakuten Bank Sees Edge Over Rivals Once BOJ Ends Negative Interest Rates
Japanese online lender Rakuten Bank Ltd. says it’s better positioned than rivals to enjoy a profit boost when
2023-08-08 06:27
Greece and Its Banks Are Step Closer to Wider Investor Pool
Greek lenders took a step closer to being able to access a deeper pool of debt investors after
2023-08-07 22:28
US Government Shutdown Threat Builds in Post-Downgrade Fallout, Imperiling Soft Landing Bets
A fresh fiscal showdown is brewing in Washington that threatens to complicate the Federal Reserve’s policy making and
2023-08-07 17:46
UBS to Cut Two-Thirds of Credit Suisse Asia Investment Bankers
UBS Group AG is weighing a plan to cut about two-thirds of Credit Suisse Group’s investment bankers in
2023-08-07 17:45
Investors in India See Another Year of High Rates on Price Shock
Traders in India are pushing back rate-cut bets to later next year as a sudden spike in food
2023-08-07 09:24