ECB leaning towards keeping banks’ minimum reserve level at 1%
THE European Central Bank (ECB) is leaning towards any rapid change within the sum of money lenders have to park with it interest-free, eradicating for […]
banks
ECB is leaning toward keeping banks’ minimum reserve level at 1%
THE European Central Bank (ECB) is leaning in opposition to any quick change within the amount of cash lenders must park with it interest-free, eradicating […]
Nationwide challenges UK's big banks with US$3.7 billion Virgin Money bid
BRITAIN’S Nationwide Building Society has agreed to purchase Virgin Money UK in a possible US$3.7 billion all-cash deal to create the nation’s second-largest financial savings […]
India tells banks to stop exclusive deals on credit cards
INDIA’S central financial institution advised the nation’s lenders to cease getting into into unique agreements with bank card networks, in a shock transfer that will […]
UK inquiry finds banks shut 142,000 small business accounts in a year
AN ONGOING inquiry by Britain’s cross-party Treasury Committee mentioned that eight of the nation’s prime banks shut virtually 142,000 accounts held by small companies within […]
Real estate loans a ‘question mark’ for Canadian banks’ profits
WITH most of Canada’s greatest banks uncovered to the US commercial-property market, the deteriorating high quality of some actual property loans might result in nasty […]
India central bank lifting curbs on forex non-deliverable forward arbitrage by banks
INDIA’S central financial institution is easing restrictions on banks’ arbitrage trades between the outright international change over-the-counter (OTC) and the non-deliverable ahead (NDF) markets, 4 […]
German, Dutch central banks post big losses, warn of more
THE German and Dutch central banks on Friday (Feb 23) posted multi-billion euro losses for 2023 and predicted extra monetary ache forward, suggesting that they’re […]
Basel watchdog urges banks to get on with implementing rules
LOBBYING by banks to water down agreed capital guidelines merely diverts them and their regulators from coping with the day-to-day and rising dangers they face, […]
Shareholder returns are at peak for European banks: JPMorgan
EUROPEAN banks’ capital returns to shareholders might have already reached a peak, in response to JPMorgan Chase strategists. The prospect of central financial institution charge […]