Consumer Banking
Several European central banks look set for a pause, but resurgent inflationary pressures and slowing growth may complicate the job ahead. Governor of the Bank of England Andrew Bailey attends…
- September 27, 2023
Singapore’s banks are reportedly increasing customer scrutiny following a $1.8 billion money laundering scandal. As the Financial Times (FT) reported Saturday (Sept. 23), this added oversight is being applied to customers from…
- September 26, 2023
LONDON, Sept 25 (Reuters) – Goldman Sachs and HSBC (HSBA.L) are among a group of five banks adopting a common global approach to disclosing clients’ stock positions, a move which participants say…
- September 26, 2023
(Reuters) — A federal judge said Thursday that cities may pursue class-action claims accusing eight large banks of driving up interest rates they paid on a popular municipal bond. U.S. District Judge…
- September 22, 2023
MILAN, Sept 20 (Reuters) – Italy’s UniCredit (CRDI.MI) on Wednesday said its strong fundamentals would allow it to bring forward up to 2.5 billion euros ($2.7 billion) of its 2023 share buyback…
- September 21, 2023
MILAN, Sept 20 (Reuters) – The surprise bank tax Italy’s government introduced in August has no major impact on UniCredit’s (CRDI.MI) earnings, but the uncertainty it stoked is damaging, Chief Executive Andrea…
- September 21, 2023
LONDON, Sept 19 (Reuters) – HSBC can still grow its global revenues even as central banks look to dial down interest rate rises in their battle against inflation, the bank’s…
- September 20, 2023
SYDNEY, Sept 19 (Reuters) – The Reserve Bank of Australia considered a 25 basis point hike in interest rates before eventually deciding to hold the benchmark cash rate unchanged at…
- September 19, 2023
MONTEVIDEO, Sept 18 (Reuters) – Diego Labat, Uruguay’s central bank chief, is sitting pretty. Inflation is at the lowest level in nearly two decades, the currency is one of the…
- September 19, 2023
NEW YORK, Sept 11 (Reuters) – JPMorgan Chase (JPM.N) CEO Jamie Dimon blasted stricter capital rules proposed by U.S. regulators, telling investors on Monday that they could prompt lenders to pull back…
- September 12, 2023