Bank of America CEO says the Fed's biggest challenge is power of US consumer
Bank of America CEO Brian Moynihan said although he is relieved lawmakers reached a resolution for the debt ceiling, it is "not good for the United States to go through this."
2023-06-05 00:58
U.S. Treasury's Yellen urges new World Bank chief to 'get the most' of balance sheet
WASHINGTON U.S. Treasury Secretary Janet Yellen on Thursday told incoming World Bank Group President Ajay Banga to "get
2023-06-02 05:21
G20 watchdog to study Silicon Valley Bank, Credit Suisse turmoil
By Huw Jones LONDON How rules are applied to banks and the calculation of their liquidity buffers should
2023-06-01 17:59
Major central banks renew rate hike push in May
By Karin Strohecker and Vincent Flasseur LONDON The pace of interest rate hikes across major central banks showed
2023-06-01 15:16
Chinese star banker Bao Fan detained by country's top anti-graft body, state media says
One of China's top tech bankers, who went missing in February, has been in the custody of the country's top anti-graft watchdog since his disappearance and has had his detention extended, according to a state media report.
2023-06-01 13:45
Bank of Mexico signals 'prolonged' interest rate hold
By Brendan O'Boyle and Isabel Woodford MEXICO CITY Mexico's central bank on Wednesday signaled it would hold the
2023-06-01 03:49
U.S. banks sink on concerns about office real estate loans
By Sinéad Carew Shares of U.S. banks, both major and mid-sized, sharply underperformed the broader market on Wednesday
2023-06-01 03:49
Commerzbank shareholders pave way for Jens Weidmann as chairman
FRANKFURT Commerzbank shareholders on Wednesday cleared the way for the economist Jens Weidmann to take over as chairman
2023-06-01 01:22
National Bank of Canada misses profit estimates as bad loans provisions rise
National Bank of Canada missed analysts' earnings estimates on Wednesday, hurt by higher costs and money set aside
2023-05-31 23:22
U.S. bank deposits fell at record pace, while profits flat in Q1: FDIC
WASHINGTON U.S. banks saw total deposits decline by a record 2.5% in the first quarter of 2023, and
2023-05-31 22:55
Turkish central bank signals to banks it may soften measures -bankers
By Nevzat Devranoglu ANKARA Turkey's central bank signalled at a meeting with senior bankers that it would respond
2023-05-31 21:57
Taiwan central bank sees export momentum picking up in H2
TAIPEI Taiwan's economic growth is likely to be low in the first half of the year under continuing
2023-05-31 17:28