Turkey central bank ramps up interest rates to 40%
LONDON Turkey's central bank delivered a larger-than-expected 500 basis point interest rate hike on Thursday, lifting its benchmark
2023-11-23 20:21
Turkey cenbank hikes rate sharply, to complete tightening soon
ISTANBUL Turkey's central bank raised its policy rate by a larger-than-expected 500 basis points to 40% on Thursday
2023-11-23 19:48
China wealth manager Zhongzhi flags insolvency, liabilities of $64 billion
BEIJING (Reuters) -China's Zhongzhi Enterprise Group told investors it is heavily insolvent with liabilities of up to $64 billion, more
2023-11-23 12:29
Genesis sues Gemini over $689 million in customer withdrawals
By Dietrich Knauth NEW YORK Crypto lender Genesis Global on Tuesday sued partner Gemini Trust Co, seeking to
2023-11-23 00:52
Bank of Canada says rates may now be at peak, excess demand now gone
By Steve Scherer and David Ljunggren OTTAWA, Nov 22 Bank of Canada Governor Tiff Macklem on Wednesday said
2023-11-23 00:50
ECB says property slump could last years in threat to lenders
FRANKFURT (Reuters) -The euro zone's sinking commercial property sector could struggle for years, the European Central Bank said on Tuesday,
2023-11-21 18:49
Bank of Israel chief Yaron gets nod for second five-year term
By Steven Scheer JERUSALEM Bank of Israel Governor Amir Yaron will stay on for a second term after
2023-11-20 21:18
Blackstone frontrunner in Signature Bank commercial-property loan sale- Bloomberg News
Blackstone is the lead to win the $17 billion portfolio of commercial-property loans from the U.S. Federal Deposit
2023-11-20 00:59
Analysis-US consumer watchdog hands Wall Street rare win with Big Tech crackdown
By Hannah Lang The U.S. consumer watchdog, not usually known to side with Wall Street lenders, has handed
2023-11-17 19:15
EU regulators to challenge banks on loan provisioning
By Huw Jones LONDON EU regulators will challenge banks over their failure to properly apply an accounting rule
2023-11-17 18:28
China asks some lenders to cap interbank financing costs - sources
SHANGHAI/BEIJING China's central bank asked some lenders to cap interest rates on an interbank debt instrument this month,
2023-11-17 16:23
US bank profits to drop but industry stable after March crisis -analysts
By Lananh Nguyen, Nupur Anand and Pete Schroeder NEW YORK U.S. bank profits are expected to shrink in
2023-11-17 04:18