In wake of Credit Suisse, Switzerland told to better prepare for bank failure
By Noele Illien, Elisa Martinuzzi and John O'Donnell BERN (Reuters) -Switzerland was urged to prepare properly for the failure of
2023-09-01 17:21
World Bank, IDB to deepen cooperation on Amazon, Caribbean, digital access
By David Lawder WASHINGTON (Reuters) -The World Bank and Inter-American Development Bank agreed on Thursday to deepen their cooperation on
2023-09-01 01:18
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:16
Mexico central bank lauds economy's resiliency but rate cut discussion 'not on the table'
By Brendan O'Boyle MEXICO CITY Mexico's central bank raised its economic growth forecasts for 2023 and 2024, citing
2023-08-31 12:50
Is India exporting food inflation to the world?
India is keeping domestic food prices in check with export bans - but what does this mean for the world?
2023-08-31 06:28
Sam Bankman-Fried could have FTX fraud trial delayed
By Luc Cohen and Jonathan Stempel NEW YORK A U.S. judge said on Wednesday he would consider delaying
2023-08-31 03:46
SoftBank fund cuts stake in India's Zomato in $115-million deal
BENGALURU SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a
2023-08-30 22:19
Chinese bank shares fall on existing mortgages rate cut concerns
BEIJING Shares in China's banking sector dropped on Wednesday on worries that a reduction in existing mortgage rates
2023-08-30 10:59
US financial regulators green lit new rules aimed at reducing the cost of bank failures
A group of US financial regulators signed off on new rules aimed at preparing large and regional banks for failure. in the event they fail.
2023-08-30 07:23
S&P Global downgrades Rite Aid on restructuring risk
S&P Global Ratings on Tuesday downgraded Rite Aid Corp to "CCC-minus" from "CCC-plus" on increased risk from restructuring.
2023-08-30 04:49
Most European banks' deposits hit as savers hunt for deals -S&P
By Iain Withers LONDON A majority of large European banks reported a fall in deposits over the year
2023-08-29 22:23
China's AgBank posts 3.48% rise in first-half profit
HONG KONG/BEIJING (Reuters) -Agricultural Bank of China Ltd (AgBank), the country's third-largest lender by assets, reported a 3.48% rise in
2023-08-29 17:17