GOTODAYNEWS.COM: Top News and Analysis 2019-10-09, 11:13

Central bank says Libra must operate like a bank if it’s to launch in UK

The Bank of England‘s (BoE) Financial Policy Committee (FPC) has laid down a set of rules that Facebook‘s Libra and other cryptocurrencies must follow if they a...

Central bank says Libra must operate like a bank if it’s to launch in UK

Source: thenextweb.com

Central banks will want oversight of Facebook's Libra: Bank of England's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does no...
2019-06-21, 07:39

European Central Bank bigwig outlines why Facebook’s Libra isn’t real cryptocurrency A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren...
2019-09-02, 09:00

Chinese central bank steps up liquidity support for smaller lenders after Baoshang Bank takeover The People's Bank of China signaled its readiness to supply smaller banks with a steady stream of cash after the takeover of a troubled lender, l...
2019-06-06, 06:52

Facebook's Libra Bets It Can Bank the Unbanked Facebook has an ambitious goal for its proposed cryptocurrency, Libra: to bring financial services to the hundreds of millions of people world-wide wh...
2019-08-22, 12:52

Bank of England sets out rules of engagement for Facebook's Libra The Bank of England set out the rules of engagement that Facebook's Libra crypto-currency and other new digital payments providers would have to meet ...
2019-10-09, 12:39

Swiss National Bank in close contact with authorities on Libra Switzerland's central bank is in close contact with relevant authorities over Facebook's Geneva-based Libra cyptocurrency project, Swiss National Bank...
2019-08-27, 11:13

Australia's central bank says 'likely' will have to cut rates again - Australia's central bank believes it will likely have to cut interest rates further from the current record low of 1.25% in order to push down unemp...
2019-06-17, 23:39

Is India's central bank still independent? When India’s central bank recently approved a $24.4 billion payout to the federal government, questions were raised whether Prime Minister Narendra Mo...
2019-09-13, 16:13

Facebook Libra must meet strict standards, warns Bank of England Digital currency must be subject to measures such as stress tests to gain approval The Bank of England has hardened its stance on Facebook’s Libra dig...
2019-10-09, 15:00

China's central bank could be trying to shore up the yuan The People's Bank of China set the midpoint at 7.0810 per dollar — weaker than the previous day's fix, but stronger than what markets expect...
2019-08-27, 04:52

China's Yuan Weakens Despite the Will of its Central Bank Why has China's central bank let the yuan plunge against the US Dollar since April 2018? Well, China's central bank tried and failed to change the tre...
2019-06-10, 17:52

Japan's Lesson for the Fed: No Central Bank Is an Island In the rally currently roaring through the global bond market, Japan is being left behind, exposing the key flaws in its unique monetary policy platfo...
2019-06-19, 10:52

China's Central Bank Won't Follow Others in Easing The head of China’s central bank said that the country’s interest rates were appropriate and that it wouldn’t aggressively ease monetary policy, even ...
2019-09-25, 07:13

A New Central Bank Approach: Pay Banks to Lend If you think negative interest rates are weird, brace yourself: The European Central Bank is about to start lending to some banks at less than it pays...
2019-09-17, 18:26

The Downsides of Central Bank Mission Creep Many central banks argue that they have a mandate to act on the impact from climate change. This sort of mission creep might only serve to enmesh cent...
2019-06-18, 08:00

Trump says U.S. has sanctioned Iran's central bank The United States has imposed sanctions on Iran's central bank, U.S. President Donald Trump told reporters at the White House on Friday, nearly a week...
2019-09-20, 11:13

China may have a new way of boosting its economy. Here's what the central bank just did China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months....
2019-08-20, 06:13

US imposes new sanctions on Iran's central bank President Donald Trump says the US has imposed new sanctions on Iran's central bank following Tehran's alleged involvement in last weekend's drone and...
2019-09-20, 14:52

Germany's central bank warns of possible recession The Bundesbank has warned that a slump in the German economy could have continued over the summer. It cited the US-China trade war as one factor weigh...
2019-08-19, 18:39

India's central bank is on track for 'at least one more' rate cut, JPMorgan says The Reserve Bank of India cut its policy repo rate, or the rate at which it lends to banks, by 25 basis points from 6% to 5.75% and changed its stance...
2019-06-07, 11:00

Fed Chair Powell says central bank will buy more Treasury bonds soon, but this is ‘not QE’ The Federal Reserve’s Jerome H. Powell did not specify the size of the asset purchase program, but he said it would not repeat the post-recession quan...
2019-10-08, 22:39

Turkey’s President Removes Head of Central Bank Differences between Recep Tayyip Erdogan and the bank’s governor, Murat Cetinkaya, had deepened as the bank held its benchmark interest rate at 24 per...
2019-07-06, 11:13

Erdogan Dismisses Governor of Turkey's Central Bank President Recep Tayyip Erdogan has dismissed the governor of Turkey’s central bank, sparking fresh investor concerns over the independence of an insti...
2019-07-07, 03:26

Fed Chair Powell says central bank will buy more Treasury bonds soon, but this is 'not QE’ 'I balk at the idea that we’re running the economy hot, this feels very sustainable,' Powell said at the National Association for Business Economics m...
2019-10-08, 17:26

Trump escalates war of words with central bank boss Donald Trump on Wednesday stepped up his attacks on Federal Reserve chairman Jerome Powell, comparing him to a bad golfer and blaming the US cent...
2019-08-21, 13:26

Stocks Climb Ahead of Central-Bank Meetings U.S. indexes edged higher ahead of central bank policy meetings around the world as investors continue to bet the Federal Reserve will slash interest ...
2019-06-17, 17:39

Fed's Harker says central bank should 'hold firm' on rates Philadelphia Federal Reserve Bank President Patrick Harker said in New York on Friday he opposed the central bank's September rate cut because the eco...
2019-09-27, 15:13

Central bank slashes German growth predictions Germany's Bundesbank has cut its projections for economic growth in 2019, citing "lackluster" exports. It said both growth and the inflation rate in t...
2019-06-07, 06:26

Five Ways A Rate Cut By US Central Bank Could Affect Consumers The US central bank is expected to cut its benchmark rate by one quarter of a percentage point to a range of 1.75-2 per cent, the second rate reductio...
2019-09-18, 07:00

Central-Bank Hawks Raise Their Voices Against Low Rates Major central banks have seen more internal dissent over adding stimulus or have opted to leave monetary policy unchanged in recent weeks, a shift aft...
2019-09-26, 16:26

US-China trade war unlikely to end soon, ex-Chinese central bank chief says The deadlock over trade between the U.S. and China is unlikely to end during next month's G20 summit in Japan, with a former Chinese central bank chie...
2019-05-31, 06:52

European Central Bank deploys new stimulus to help economy The European Central Bank is launching a new round of monetary stimulus to support economic growth in the face of uncertainties like the U.S.-China tr...
2019-09-12, 10:13

| Liberia president seeks to clean up central bank Liberian President George Weah has shaken up the leadership of the Central Bank of Liberia in a bid to restore confidence in an institution dogged by ...
2019-05-29, 16:26

China's central bank has one less worry after the Fed's rate cut, analysts say The U.S. Federal Reserve's interest rate cut takes some pressure off the People's Bank of China, amid the multitude of challenges it already...
2019-08-01, 04:13

Argentine central bank uses $50 mln in reserves to defend the peso Argentina's central bank used $50 million in its own reserves, for the first time since September last year, to intervene in the foreign exchange mark...
2019-08-12, 13:13

Venezuela reportedly wants its central bank to hold bitcoin Venezuela may not just be using its own cryptocurrency to dodge the consequences of international sanctions. Bloomberg tipsters say the country'...
2019-09-30, 00:52

The Latest: European Central Bank ready to help economy more VILNIUS, Lithuania (AP) — The Latest on the European Central Bank’s monetary policy meeting (all times local): 4:25 p.m. European Central Bank P...
2019-06-06, 11:26

Germany likely to head into recession, central bank warns Bundesbank says summer’s slump in exports is expected to continue into the autumnGermany’s economy is heading into recession after the country’s centr...
2019-08-19, 17:52

India’s central bank cuts lending rate to 5.75% NEW DELHI (AP) — India’s central bank has cut its key interest rate by a quarter of a percentage point to 5.75% from 6% with immediate effect to...
2019-06-06, 03:26

Brazil's economy may have flatlined in Q2 - central bank chief Brazil's economy flatlined or expanded slightly in the second quarter but the pace of growth should pick up, albeit gradually, central bank president ...
2019-08-27, 11:13

European Central Bank cuts deposit rate The European Central Bank announced Thursday it will cut its deposit rate and make new monthly bond purchases in the billions among other steps to hel...
2019-09-12, 23:13

China's Central Bank to Free Up $126 Billion for Lending The People’s Bank of China plans to reduce the amount of reserves that commercial banks are required to keep with the central bank by half a percentag...
2019-09-06, 08:13

IMF's Christine Lagarde nominated for top job at European Central Bank The European Council officially nominated on Tuesday Christine Lagarde, managing director of the International Monetary Fund, to become the next presi...
2019-07-02, 15:26

Former Fed Leaders Plea for Central Bank's Political Independence All four former still-living Fed chairs—Paul Volcker, Alan Greenspan, Ben Bernanke and Janet Yellen—made their case for the central bank to remain ind...
2019-08-06, 07:00

Global stocks gain on hopes of central bank stimulus Global stock markets gained on Monday as investors pinned their hopes on stimulus that's expected from the world's central banks to support slowing gr...
2019-09-09, 06:13

Canada's Conservative leader mum on whether central bank governor could get second term Canada's main opposition leader declined to say on Saturday whether he would be open to extending the central bank chief's term past June, which would...
2019-10-12, 17:13

Iran central bank: U.S. sanctions aren't harming oil exports The leader of Iran's central bank on Wednesday downplayed the impact of existing and new U.S. sanctions -- retaliatory measures by the Trump administr...
2019-06-27, 12:39

Australia's central bank will consider a rate cut at June meeting, governor says Australia's central bank will consider the case for lower interest rates at its June policy meeting, Governor Philip Lowe said in a speech on Tue...
2019-05-21, 09:01

US Central Bank Cuts Interest Rates For First Time Since 2008 Fed Chairman Jerome Powell cited signs of a global slowdown, simmering US trade tensions and a desire to boost too-low inflation in explaining the cen...
2019-08-01, 01:52

Former Fed leaders fight Trump's attempts to influence central bank Four former Federal Reserve leaders are stressing the importance of an independent central bank in maintaining economic stability as President Trump a...
2019-08-06, 14:13

U.S. sanctions Iran's central bank, fund after Saudi oil attack The United States on Friday imposed another round of sanctions on Tehran, including on Iran's central bank and a development fund, following last week...
2019-09-21, 00:39

Fed Chair Powell Underscores Importance of Independent Central Bank Federal Reserve Chairman Jerome Powell highlighted the importance of an independent central bank, amid steady criticism of the Fed’s monetary policy f...
2019-10-07, 18:13

Take it easy: central bank U-turns loosen financial conditions Rate cut bets and rallying equity and bond markets are feeding into a gradual loosening of financial market conditions that could potentially send wor...
2019-07-18, 16:52

Environment activists block entrance to Norwegian central bank Protesters from the environmental group Extinction Rebellion blocked access to Norway's central bank on Friday, demanding that its $1 trillion wealth ...
2019-05-24, 11:52

Italian central bank chief takes populists to task MILAN (AP) — The head of Italy’s central bank has issued strong warnings against some of the populist government’s economic prescriptions....
2019-05-31, 07:13

German central bank chief slams ECB stimulus package Interest rate cuts and bond-buying programs to boost Europe's flagging economy "overshot the mark," according to Jens Weidmann. And he wasn't the only...
2019-09-13, 16:13

European Central Bank: ready to give more stimulus if needed FRANKFURT, Germany (AP) — European Central Bank President Mario Draghi says that the eurozone’s monetary authority stands ready to cut interest ...
2019-06-18, 05:39

The Philippines central bank: Is Duterte’s outsider a governor for the people? When the Philippines needed a new central bank governor earlier this year, no one expected the president to pick an outsider for the job. During his f...
2019-09-18, 10:26

Christine Lagarde resigns from IMF to become president of European Central Bank International Monetary Fund Managing Director Christine Lagarde submitted her resignation Tuesday to take on a new role as president of the European C...
2019-07-16, 19:13

Brazil Central Bank Cuts Benchmark Rate to Record Low Brazil’s central bank cut its benchmark interest rate as expected, as consumer price increases remain under control amid a yearslong economic slowdown...
2019-09-18, 23:00

Australia's central bank cuts interest rates again — more easing may be on the way The Reserve Bank of Australia's (RBA) quarter-point cut took cash rates to an all-time low of just 1% and left limited room for more reductions....
2019-07-02, 04:13

Brazil's economy is expected to recover in Q2 - central bank chief Brazil's economy is expected to recover in the second quarter of this year after contracting in the first, thereby avoiding technical recession, centr...
2019-06-27, 12:39

Former Fed official urges central bank not to ‘bail out’ Trump on the economy William C. Dudley, the former New York Fed chief, said “officials could state explicitly that the central bank won’t bail out an administration that k...
2019-08-28, 00:26

China's Central Bank Unveils New Mortgage Loan Policy China’s central bank adjusted interest-rate mechanisms Sunday for the second time this month, this time focused on mortgage loans, in what it said was...
2019-08-25, 10:39

Australia's central bank takes 'responsibilty' for note typo Millions of A$50 ($35) banknotes in Australia have an embarrassing typographical error that was overlooked by the country's central bank before they w...
2019-05-21, 13:26

First Republic Bank leases space in One Grand Central Place First Republic Bank is setting itself up with a new banking location at One Grand Central Place. The full service lender will have 14,430 square feet ...
2019-09-24, 22:26

Global Stocks Advance on Politics, Central-Bank Hopes Global stocks were broadly higher, as political developments around the world and hopes for central-bank action countered a series of economic data th...
2019-09-04, 04:13

New Zealand central bank stands pat, flags scope for more stimulus The central bank said global long-term interest rates remain near historically low levels, adding that markets can expect New Zealand's interest ...
2019-09-25, 02:26

European Central Bank sends Italy a warning over debt FRANKFURT, Germany (AP) — The European Central Bank says that challenges to financial stability in the eurozone have risen amid risks to economic grow...
2019-05-29, 06:39

Global stocks, yields steady with Fed, central bank meetings on tap A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as ...
2019-06-17, 13:39

Venezuela's Central Bank Releases Data on Dire Economy Venezuela’s economy contracted 19.2% in the first nine months of 2018 from the year-earlier period, as private consumption fell sharply and inflation ...
2019-05-29, 03:39

German authorities seek information from Deutsche Bank in relation to Danske Bank German authorities have been seeking information at Deutsche Bank's Frankfurt headquarters in relation to Danske Bank, Frankfurt prosecutors said...
2019-09-25, 18:52

No Erosion In Asset Quality Post United Bank, Oriental Bank Merger: PNB Under the consolidation, the three banks will be merged into one entity to make the second-largest PSB with a business of Rs 17.95 lakh crore and 11,4...
2019-09-22, 20:26

Jeffrey Epstein’s fortune has passed from Deutsche Bank to Toronto-Dominion Bank When Deutsche Bank severed ties with pedophile financier Jeffrey Epstein earlier this year, the Canadian lender “TD” stepped in to take hi...
2019-09-22, 10:52

Deutsche Bank Has Proposed Replacing Americas CEO With Investment-Bank Finance Chief Deutsche Bank executives have sought to promote the finance chief of the investment bank to replace the current Americas CEO, an important role respon...
2019-06-19, 10:52

Deutsche Bank to quit equities, shrink investment bank in 7.4 bln euro overhaul Deutsche Bank said on Sunday it plans exit its global equities business and scale back its investment bank in a sweeping, 7.4 billion euro overhaul de...
2019-07-07, 12:26

Deutsche Bank plans radical overhaul with €50bn hived off to 'bad bank' – reports The struggling German lender will move poorly performing assets and drastically shrink its investment banking arm, the FT saysDeutsche Bank has drawn ...
2019-06-17, 02:26

Turkey fires central bank chief as economic crisis endures No reason was given for Murat Cetinkaya's sacking, but the governor had been loath to cut the interest rate from 24%. Over the past year, Turkey has f...
2019-07-06, 09:26

Turkey fires central bank governor as policy differences deepen Turkey on Saturday fired its central bank governor and replaced him with the bank's deputy governor, a presidential decree published on the offic...
2019-07-06, 05:39

UPDATE 1-Brazil central bank to use most efficient FX intervention tools -director Brazil's central bank will use the most efficient tools at its disposal whenever it intervenes in the foreign exchange market, the bank's director of ...
2019-09-27, 10:26

Erdogan reportedly said Turkey may face 'serious problems' if the central bank is not overhauled A presidential decree released Saturday said Turkish central bank Governor Murat Cetinkaya was removed from his post and replaced with his deputy, Mur...
2019-07-10, 08:13

Bond Yield Hits 20-Month Low After US Central Bank Signals Rate Cut The benchmark 10-year bond yield was at 6.75 per cent, as of 9:15 am, its lowest level since October 17, 2017, and down 9 basis points from its previo...
2019-06-20, 02:00

European Central Bank cuts interest rates for first time since 2016 The European Central Bank (ECB) has cut interest rates for the first time since 2016, while introducing a sweeping stimulus package in an attempt to k...
2019-09-12, 08:39

India's central bank cuts rates by 25 basis points, as expected The RBI maintained its "accommodative" stance and said it would maintain this position "as long as it is necessary" to revive growth, while ensuring i...
2019-10-04, 17:39

Canada Central Bank, Holding Steady, Flags Trade Concerns The Bank of Canada kept its key interest rate unchanged at 1.75% and warned that global trade tensions could threaten Canada’s economic outlook follow...
2019-07-10, 20:39

Lebanon bonds climb as central bank promises dollars to importers Lebanon's dollar-denominated government bonds climbed on Tuesday after the central bank introduced measures to provide commercial banks with U.S. doll...
2019-10-01, 08:26

Turkish Lira Falls After Erdogan Ousts Central Bank Chief The Turkish lira dropped sharply as President Recep Tayyip Erdogan’s decision to fire the governor of the central bank left investors worried about ec...
2019-07-08, 05:13

New Zealand's central bank stuns markets with a bigger-than-expected rate cut The Reserve Bank of New Zealand cut the official cash rate by 50 basis points to 1.00%, as it looks to prop-up a cooling economy in the face of intens...
2019-08-07, 04:26

Christine Lagarde "Honored" To Be Tapped To Head European Central Bank International Monetary Fund chief Christine Lagarde on Tuesday announced she would step down "temporarily" from the global crisis lender after being n...
2019-07-02, 18:52

Global Central Bank Shift Eases Drag on Chinese Currency Shifts toward easier monetary policy by central banks in the U.S. and Europe have reduced some of the downward pressure building on China’s currency....
2019-06-22, 19:26

IMF's Christine Lagarde Wins EU Support to Lead European Central Bank European leaders have agreed to nominate International Monetary Fund Managing Director Christine Lagarde to become the next president of the European ...
2019-07-02, 15:39

Brazil posts $4.27 bln current account deficit in August - central bank Brazil posted a current account deficit of $4.27 billion in August, the central bank said on Monday, slightly wider than the $3.96 billion shortfall f...
2019-09-23, 10:26

UPDATE 1-China central bank urges calm after Baoshang takeover China's central bank sought to calm investors on Sunday after last month's takeover of Inner Mongolia-based Baoshang Bank, saying regulators are not p...
2019-06-02, 16:00

Australia's central bank flags lower rates in jobs hunt Australia's top central banker on Thursday said it was not "unrealistic" to expect a further reduction in interest rates given ample slack in the...
2019-06-19, 23:39

Dutch central bank has new rules for crypto, says it’s ‘vulnerable to financial crime’ The Dutch central bank has today announced it must begin supervising cryptocurrency companies (including wallet providers) under the fifth European an...
2019-09-03, 08:52

UPDATE 1-Mexico must boost Pemex creditworthiness -central bank chief Mexico should reinforce Pemex's creditworthiness after recent downgrades given the state oil company's importance for the economy, public finances and...
2019-06-12, 17:13

Asian stocks up slightly as investors await central bank moves Asian stocks rose slightly Monday. Investors are looking out this week for signs about how central banks around the world may take action to support e...
2019-09-09, 02:39

US Central Bank Cuts Interest Rates, Signals Holding Pattern For Now Federal Reserve Chairman Jerome Powell said the rate cut was designed "to provide insurance against ongoing risks" including weak global growth and re...
2019-09-19, 01:00

Raghuram Rajan In The Frame As UK Contemplates Foreign Central Bank Boss Raghuram Rajan has delivered some uncomfortable economic truths in a career spanning the International Monetary Fund and powerful positions in India....
2019-06-12, 03:26

Indonesia's central bank unexpectedly cuts rate for the second time in two months Bank Indonesia cut the 7-day reverse repurchase rate by 25 basis points to 5.5.%, surprising economists who were expecting the central bank to stay on...
2019-08-22, 05:26

Ukraine central bank sounds alarm over threats to officials after car blaze Ukraine's central bank said the torching of a vehicle owned by the family of its former governor, Valeria Gontareva, was evidence of "psychological an...
2019-09-05, 14:00

Christine Lagarde Defends the European Central Bank’s Low Rates as She Prepares to Take Over (FRANKFURT, Germany) — Incoming European Central Bank head Christine Lagarde is defending the bank’s record low rates and other stimulus m...
2019-09-05, 03:13

Treasury yields rise as traders look ahead to central bank decisions U.S. government debt prices fell on Tuesday as traders await monetary policy decisions from the European Central Bank (ECB) this week and the Federal ...
2019-07-23, 08:13

Deutsche Bank CEO to invest 25% of fixed salary in bank's shares: source Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salary in the bank's shares, a person with knowle...
2019-07-09, 09:00

Bank of America's push to turn around investment bank is bearing fruit Bank of America Corp said on Monday its deal-making unit is gaining momentum with midsized companies as it focuses on the sector to regain market sha...
2019-09-09, 19:26

Deutsche Bank CEO to invest 25% of fixed salary in bank's shares - source Deutsche Bank Chief Executive Officer Christian Sewing is planning to invest a quarter of his fixed salary in the bank's shares, a person with knowled...
2019-07-09, 07:52

Deutsche Bank CEO pledges tough investment bank cuts as shares hit low Deutsche Bank's chief executive promised shareholders "tough cutbacks" at its underperforming investment bank on Thursday as he battled to convince th...
2019-05-23, 10:01

Deutsche Bank CEO readies investment bank cuts as stock hits low Deutsche Bank's chief executive is prepared to make "tough cutbacks" in its investment banking business, whose future is in doubt after several failed...
2019-05-23, 06:01

CITIC Bank Private Bank: Success = Technology + Human Touch CITIC Private Bank is leading Chinese private wealth managers in the adaptation of technology, but it is not forgetting the most important element of ...
2019-05-21, 13:26

WRAPUP 2-Loan growth drives profit beat at Royal Bank of Canada, TD Bank Two of Canada's largest lenders beat analysts' estimates for quarterly profits on Thursday, as strong loan growth boosted their retail banking busines...
2019-05-23, 13:26

UPDATE 2-Royal Bank of Canada, TD Bank profit beats view, powered by loan growth Royal Bank of Canada and Toronto-Dominion Bank beat analysts' estimates for quarterly profits on Thursday, as strong loan growth bolstered their retai...
2019-05-23, 09:13

Deutsche Bank's investment bank chief exits in unfolding multi-billion dollar overhaul The head of Deutsche Bank's investment bank agreed to step down on Friday in a sign of the division's waning influence as Germany's largest lender rea...
2019-07-05, 10:39

Deutsche Bank is kicking off a brutal cull of 18,000 jobs as part of a $8.3 billion overhaul. Here's what we know about what's going on at the German bank. Reuters/Kai Pfaffenbach Deutsche Bank CEO Christian Sewing revealed a sweeping overhaul of Germany's biggest bank after a supervisory board meeting o...
2019-07-08, 06:26

Suspected bank robber found dead inside Southern California bank after firing at officers A suspected bank robber was found dead from an apparent self-inflicted gunshot wound inside a Chase Bank in Colton, Calif., east of Los Angeles after ...
2019-10-02, 10:26

Deutsche Bank may create 'bad bank' for high-risk assets Germany's largest lender is planning to isolate up to €50 billion in high-risk assets, reported the Financial Times. The bank's chief executive has vo...
2019-06-17, 06:52

Deutsche Bank to reportedly set up 50 billion euro bad bank; shares pop over 3% Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets, the Financial Times...
2019-06-17, 05:52

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2019-05-30, 12:26

Deutsche Bank is about to undergo its biggest restructuring ever. Here's what we know about what's going on at the German bank. Reuters/Kai Pfaffenbach Deutsche Bank CEO Christian Sewing is expected to announce a sweeping overhaul of Germany's biggest bank after a supervisory ...
2019-07-06, 12:13

UPDATE 1-Trump defends use of Deutsche Bank, says bank has been 'maligned' U.S. President Donald Trump on Thursday defended his use of Deutsche Bank AG and said the German bank was being "badly written about and maligned," ...
2019-07-11, 11:13

Deutsche Bank's bank capital debt back in the red, CDS decline Deutsche Bank's capital boosting Additional Tier I debt issues dropped back into the red on Monday, giving away gains made in early trade following ne...
2019-07-08, 06:52

Exit of Deutsche Bank's investment bank chief marks end of era The head of Deutsche Bank's investment bank agreed to step down on Friday in a sign of the division's waning influence as Germany's largest lender pre...
2019-07-05, 11:26

PNB's Board To Meet Soon On Merger With Oriental Bank, United Bank The bank has received a communication from the Ministry of Finance that the alternative mechanism after consultation with Reserve Bank of India (RBI) ...
2019-09-01, 03:26

The European Central Bank meets as inflation cools and trade tensions heat up The European Central Bank (ECB) announced its easy-money exit strategy one year ago. But twelve months on, the world couldn't look more different...
2019-06-06, 04:52

South Korea’s central bank lowers rate amid Japan trade row South Korea’s central bank has cut its policy rate for the first time in three years to combat a faltering economy that faces further risks from a hea...
2019-07-18, 03:00

U.S. Sanctions Iran's Central Bank, Says It Will Send Military Forces to Saudi Arabia The U.S. said it would send military forces and hardware to Gulf allies and moved to sever some of Iran’s last ties to world markets on Friday, while ...
2019-09-21, 07:00

China's central bank is poised to cut interest rates amid trade war, economist says The People's Bank of China is expected lower rates twice later in 2019 and once in 2020 amid the country's trade fight with the U.S., said a...
2019-06-05, 02:52

China's Central Bank Reforms Rates to Boost Cheap Funding for Businesses The People’s Bank of China unveiled a long-awaited reform to its interest-rate mechanism, a move aimed at reducing financing costs for businesses stru...
2019-08-17, 08:39

In Firing Central Bank Chief, Turkey’s Leader Trades Credibility for Growth The move by Recep Tayyip Erdogan dealt a new blow to the central bank’s credibility while threatening to intensify the nation’s wrenching economic cri...
2019-07-06, 19:00

India central bank cuts rates by 35 basis points to speed up growth The Reserve Bank of India on Wednesday cut interest rates for a fourth straight meeting in 2019, taking advantage of mild inflation to expand its effo...
2019-08-07, 04:26

China's central bank denies it's devaluing country's currency to counter tariffs China has allowed its yuan to break through 7 against the dollar for the first time in 11 years, but it insists the move is not "competitive devaluati...
2019-08-05, 23:39

Argentina central bank faces peso test ahead of fraught election Argentina's central bank must toe a politically fraught line between providing support for the peso without blasting through the bank's reserves, as p...
2019-08-16, 15:39

Erdogan reportedly says Turkish central bank chief ousted for refusing rate cut Turkish President Tayyip Erdogan sacked the central bank governor for refusing the government's repeated demands for rate cuts, Hurriyet newspape...
2019-07-08, 03:52

Argentina central bank faces peso test ahead of October election Argentina's central bank must toe a politically fraught line between supporting the peso without blasting through the bank's reserves, as policymakers...
2019-08-16, 18:52

LSE told Italy it won't move bond trading platforms: central bank source London Stock Exchange has given assurances to Italy that it plans to continue investing in its Italian trading platforms and does not intend to move ...
2019-10-10, 18:52

Brazil loan defaults rise to 4.0% in August, highest since January - central bank Loan defaults in Brazil rose to 4.0% in August, the central bank said on Wednesday, up from 3.9% the month before and the highest level since January....
2019-09-25, 10:52

Ex-China central bank chief says progress at Xi-Trump Japan meet 'difficult' China's President Xi Jinping and U.S. President Donald Trump are likely to find it "difficult" to make major progress toward ending their countries' t...
2019-05-30, 23:39

Brazil needs concrete progress on reform to anchor inflation -central bank chief Concrete progress on Brazil's fiscal and economic reform agenda is crucial to a benign outlook for inflation, central bank President Roberto Campos Ne...
2019-07-04, 19:26

UPDATE 1-Mexico central bank highlights domestic risks to weak economy The Bank of Mexico said on Thursday that Mexico, Latin America's second-largest economy, is facing a slew of headwinds, including stagnant private inv...
2019-08-29, 15:26

Hard for Xi, Trump to make progress on trade: former China central bank chief China's President Xi Jinping and U.S. President Donald Trump are likely to find it "difficult" to make major progress toward ending their countries' t...
2019-05-31, 03:26

Central bank policy has left no 'safe havens' for investors, bond expert says There are no traditional "safe havens" for investors anymore given the current climate for bond yields, according to Stephen Oh, the global head of cr...
2019-09-11, 10:26

Dutch central bank to regulate crypto firms from January 10, orders them to register The Dutch central bank announced on Tuesday it would begin regulating companies that offer crypto-currency services beginning on Jan. 10 and said they...
2019-09-03, 05:52

Zambian president fires finance minister, replaces her with central bank's Ng'andu Zambia's president has fired Finance Minister Margaret Mwanakatwe and appointed central bank deputy governor Bwalya Ng'andu to replace her, the presid...
2019-07-15, 03:39

Norway wealth fund should move more investment to North America, central bank says The world's largest sovereign wealth fund has historically given higher weighting to European stocks, focusing on countries that Norway does the ...
2019-08-27, 08:52

Mexico central bank board member says this is 'game changer' after U.S. tariff threat Mexican central bank board member Jonathan Heath said on Twitter Thursday night "this is a game changer," after U.S. President Donald Trump vowed to i...
2019-05-31, 02:13

UPDATE 1-Mexico central bank chief flags concern over ratings setbacks Mexico's government must address concerns flagged by rating agencies over the sustainability of the country's finances following debt downgrades last ...
2019-06-11, 15:52

Trade war could trigger a 'global financial crisis,' says ex-China central bank chief China continued to ramp up the rhetoric against the U.S. on Friday, with a former Chinese central bank chief saying that further escalation in trade t...
2019-05-31, 07:26

Deutsche Bank to set up 50 billion euro bad bank in revamp Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a ...
2019-06-17, 13:39

U.S. regulators ask Deutsche Bank to explain "bad bank" proposal -FT U.S. regulators have sought explanation from Deutsche Bank AG about its "bad bank" proposal and its impact on U.S. operations at the loss-making Germa...
2019-06-24, 00:52

Deutsche Bank CEO Signals More Cuts to Investment Bank Chief Executive Christian Sewing signaled Deutsche Bank will shrink its investment bank as it struggles to stabilize the business and regain support f...
2019-05-23, 09:39

Bank Holidays 2019: Know About The Dates Before You Head To The Bank Bank Holidays 2019: Bank holidays are closed on seconD and fourth Saturdays of the month and on Sundays. They are also shut on national holidays and f...
2019-08-23, 13:26

U.S. regulators ask Deutsche Bank to explain 'bad bank' proposal: FT U.S. regulators have sought explanation from Deutsche Bank AG about its "bad bank" proposal and its impact on U.S. operations at the loss-making Germa...
2019-06-24, 02:13

Deutsche Bank to set up 50 billion euro bad bank: source Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a ...
2019-06-17, 05:26

Deutsche Bank U.S. Operations Chief to Leave Bank Deutsche Bank AG’s chief operating officer for the Americas, Kate Clifford, has quit after a little more than a year in the role, according to people ...
2019-06-04, 22:52

Exclusive: Yuan at right level, disorderly capital flows unlikely - China central bank official China's yuan is at an appropriate level currently and two-way fluctuations in the currency will not necessarily cause disorderly capital flows, a seni...
2019-08-13, 08:52

Swedish central bank Riksbank talks rate hike amid recession fears The Riksbank is sticking with its plan to raise its main interest rate in the next few months despite recession worries. The hawkish stance, which put...
2019-09-06, 23:00

UPDATE 1-LSE told Italy it won't move bond trading platforms - central bank source London Stock Exchange has given assurances to Italy that it plans to continue investing in its Italian trading platforms and does not intend to move t...
2019-10-10, 16:00

South Korea's central bank warns of economic impact from Japan's export curbs South Korea's central bank warned on Thursday that export curbs on some Japanese goods imposed by Tokyo could have a bigger impact on the domesti...
2019-08-22, 05:26

Shares in Asia trade mixed as European central bank delays rate hike Stocks in Asia were mixed in early trade on Friday as the European Central Bank said it would delay its first post-crisis interest rate hike till at l...
2019-06-06, 22:13

European Central Bank at the heart of German Bund problem, says Financial Times' Tom Stubbington Tommy Stubbington, Financial Times markets reporter, joins 'The Exchange' to discuss Germany's interest rates and Denmark's negati...
2019-08-21, 16:26

Turkish currency and stocks drop after President Erdogan fires top central bank official Turkey's stocks and currency dropped on Monday as investors ditched Turkish assets after the country's central bank governor was ousted by P...
2019-07-08, 13:26

RPT-Indian central bank to review data storage rules for payment firms-govt India's central bank will look into concerns about data storage rules that have been raised by companies, a government statement said on Tuesday, mont...
2019-06-18, 05:00

Exclusive: China central bank official says yuan at right level, disorderly capital flows unlikely China's yuan is at an appropriate level currently and its fluctuations will not necessarily cause disorderly capital flows, a senior official at the ...
2019-08-13, 03:26

Japan's central bank chief Kuroda sounds alarm on global economy ahead of G-20 Bank of Japan Governor Haruhiko Kuroda said Group of 20 meetings this year will discuss current account balances and also said bilateral trade measure...
2019-05-27, 04:52

China's central bank chief meets head of Hong Kong monetary authority China's central bank governor met the chief executive of the Hong Kong Monetary Authority on Wednesday to discuss financial cooperation in the so...
2019-08-28, 21:52

REFILE-UPDATE 1-South Africa's rand set for weekly losses on central bank row, stocks up South Africa's rand firmed in afternoon trade on Friday thanks to a weakening U.S. dollar, but the local currency was on track to end the week on a we...
2019-06-07, 13:13

UPDATE 1-Brazil pension reform helps improve inflation outlook, says central bank chief Brazil Central Bank President Roberto Campos Neto on Thursday welcomed the approval by Congress of a landmark overhaul of the country's pension system...
2019-07-12, 02:13

South Korea's central bank holds rates steady but trade woes strengthen calls to cut South Korea's central bank kept monetary policy unchanged on Friday but a split vote in the decision provided a firm signal the bank was shifting...
2019-05-31, 07:26

Indian court asks central bank to confirm WhatsApp's compliance with local data rules India's top court has given the central bank six weeks to report on whether WhatsApp had complied with data localization norms as the Facebook-owned m...
2019-08-02, 11:13

People are buying up the asset class that loves trade wars, central bank easing and volatility Fear about slowing growth and the prospect of lower interest rates have pushed the price of gold higher, but analysts say it may be nearing the top of...
2019-06-05, 21:13

Federal Reserve makes small interest rate cut. Trump slams central bank for having ‘no guts.’ The U.S. benchmark interest rate is now just shy of 2 percent, down from about 2.25 percent. The move was widely expected and falls well short of Trum...
2019-09-18, 18:26

Mnuchin plans one-on-one talk with China’s central bank governor on trade, says focus on Trump-Xi meeting FUKUOKA, Japan (AP) — Mnuchin plans one-on-one talk with China’s central bank governor on trade, says focus on Trump-Xi meeting. The post Mnuchi...
2019-06-08, 04:26

Deutsche Bank's bad bank a 'pimple on the backside' As part of a major restructuring plan, Germany's largest lender is setting up a new unit to isolate €74 billion in toxic assets. So-called bad banks h...
2019-07-24, 07:13

Deutsche Bank to set up 50 billion euro bad bank Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a ...
2019-06-17, 07:00

Deutsche Bank to set up 50 billion euro bad bank: FT Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or shu...
2019-06-16, 19:39

UPDATE 1-Deutsche Bank to set up 50 bln euro bad bank -FT Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or shu...
2019-06-16, 23:26

Flipkart, Axis Bank To Launch Co-Branded Credit Card Flipkart Axis credit card: The credit card offers best-in-class benefits and unlimited cashback on online and offline spends, Flipkart, Axis Bank, and...
2019-07-12, 02:52

British digital bank Monzo to announce imminent U.S. launch: source Fast-growing British digital bank Monzo is set to announce on Thursday its imminent launch in the United States, a source familiar with the matter tol...
2019-06-13, 08:52

JPMorgan to shutter its smartphone bank account a year after nationwide launch JPMorgan Chase & Co said on Thursday it is closing down its smartphone bank account called "Finn", which was aimed at young adults, a year after its n...
2019-06-06, 10:39

Flipkart, Axis Bank To Launch Credit Card This Month: 10 Things To Know E-commerce major Flipkart has partnered with private sector lender Axis Bank to launch a co-branded credit card. The new co-branded card - powered by...
2019-07-12, 02:52

Ex-China central bank chief says no major trade breakthrough seen at China-U.S. meeting Former Chinese central bank governor Dai Xianglong said on Friday he expected no major breakthrough over trade at an anticipated meeting between Chine...
2019-05-30, 23:01

Argentina central bank to keep tight monetary policy despite currency policy changes Argentina's central bank will maintain a tight monetary policy despite changes to recently implemented currency restrictions, central bank President G...
2019-09-02, 19:52

Australian central bank cuts benchmark rate by 0.25% to a new record low of 1.25% in 1st rate change in almost 3 years. MELBOURNE, Australia (AP) — Australian central bank cuts benchmark rate by 0.25% to a new record low of 1.25% in 1st rate change in almost 3 years. Th...
2019-06-04, 01:52

Bank Strike: State-Run Bank Employees To Go On Strike On September 26, 27 Bank strike dates: The unions have decided to go for 2-day bank strike from midnight of September 25, 2019 to midnight of September 27, 2019, the Bank...
2019-09-23, 10:52

What’s a Bad Bank and How Can It Help Deutsche Bank? When a lender is in trouble and decides to switch strategy, the solution can be what’s commonly referred to as a “bad bank.” It’s a plan that Deutsche...
2019-07-06, 05:00

Facebook Says Central Banks Have Nothing to Fear From Libra Facebook is once again defending Libra -- this time against fears that the envisioned cryptocurrency could replace sovereign currencies from the US do...
2019-09-18, 19:52

Central banks to question Facebook over Libra cryptocurrency Facebook is about to undergo further scrutiny of its Libra cryptocurrency, and it may have to answer some difficult questions. Officials speaking to ...
2019-09-15, 23:00

Central banks will want oversight of Facebook's Libra - BoE's Carney Major central banks and regulators will want oversight of Facebook's proposed new currency and payment system, Libra, to ensure it is safe and does no...
2019-06-21, 04:26

Former Japan central banker warns Facebook's Libra may undermine monetary policy Central banks may see the impact of their monetary policies diminish significantly if Facebook's Libra cryptocurrency becomes widely used in their cou...
2019-08-02, 11:13

Facebook to launch Libra cryptocurrency next year Social media giant Facebook on Tuesday officially announced it will launch its own cryptocurrency, in a move some analysts believe could bring others ...
2019-06-18, 08:00

'I don't think you should launch Libra': US lawmakers hammer Facebook over currency House members challenge company over its plans to protect data and question its goals in latest clash on Capitol HillFacebook once again faced intense...
2019-07-17, 18:13

Libra launch won't happen until regulators are happy: Coeure Global regulators will not let Facebook launch its Libra currency until all their concerns, ranging from money laundering to financial stability, have...
2019-07-18, 21:13

US lawmakers tell Facebook to halt the launch of its Libra cryptocurrency US lawmakers have asked Facebook to "immediately cease implementation plans" of its Libra cryptocurrency. Before it proceeds any further, the House Fi...
2019-07-03, 09:13

Bitcoin Fans Spy Opportunity in Facebook Libra Launch Bitcoin’s backers are adamant that Facebook’s coming digital currency, Libra, won’t spell the demise of other cryptocurrencies. To the contrary, many ...
2019-06-18, 08:52

Facebook needs to delay Libra’s launch — if it really wants to work with regulators Facebook, the American tech behemoth known for its “move fast and break things” motto, the mishandling of customer data, and interference in democracy...
2019-09-26, 10:00

Facebook will launch its Libra digital currency in 2020 Facebook has finally revealed plans to launch its new digital currency Libra next year. The tech giant said users would be able to use the coin throug...
2019-06-18, 06:39

Facebook's Libra launch will extend its global domination Cryptocurrency could wipe out many businesses and further concentrate corporate powerEvery week, dozens of people walk into the Sunshine convenience s...
2019-06-18, 05:52

| Facebook’s big Libra launch 'only fanned the flames' for critics Congress holding hearings on Facebook’s plan for a possible digital coin suggests that the high-profile debut for Libra was likely a public relations ...
2019-08-03, 16:26

Facebook's Libra must be 'rock solid' before launch warns BoE's Carney Facebook's proposed Libra digital coin must show it is "rock solid" before it can be allowed to launch, Bank of England Governor Mark Carney said on T...
2019-07-11, 11:13

Facebook official says regulatory concerns to be addressed before Libra launch Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital cu...
2019-07-15, 13:39

Facebook Libra Launch Could Be Delayed Over Regulatory Concerns: Executive The launch of Facebook's Libra could be pushed back to tackle the regulatory concerns that have been raised around the world, the head of the organisa...
2019-09-28, 04:13

Undeterred, Facebook to press on with Libra launch next year: executive Facebook still aims to launch its Libra digital currency next year, its executive overseeing the project told Swiss newspaper NZZ, as the company pres...
2019-09-20, 14:00

Launch of Facebook's Libra could be delayed over regulatory concerns: executive The launch of Facebook's Libra could be pushed back to tackle the regulatory concerns that have been raised around the world, the head of the organiza...
2019-09-27, 15:13

Facebook's Marcus says regulatory concerns to be 'fully addressed' before Libra launch Facebook's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company does not plan to launch the digital...
2019-07-15, 11:39

Mnuchin says Facebook must satisfy regulatory concerns ahead of Libra launch: CNBC U.S. Treasury Secretary Steven Mnuchin said in a television interview that Facebook must satisfy regulatory concerns before it launches Libra, its pla...
2019-07-24, 11:26

The tech industry is starting to doubt Facebook will be able to launch its Libra currency by 2020 "I think two years from now we're going to be like do you remember that Facebook thing? Libra?" said Bismarck Lepe, CEO of Wizeline, a San Franci...
2019-07-10, 13:26

Thailand's Central, China's JD.com launch financial services app Dolfin Thailand's largest retailer, Central Group, and China's JD.com on Monday launched an financial services app to expand services with local banks in the...
2019-09-09, 11:00

Police launch investigation as wildfire sweeps central Portugal More than 800 firefighters battled a wildfire sweeping across central Portugal on Sunday, after bringing under control two other blazes which left 20 ...
2019-07-21, 11:52

Did you solve it? Getting coins out of the bank The answer to today’s money problemEarlier today I set you the following problem. It was a tricky one, and judging from the BTL comments the solution ...
2019-10-07, 12:13

Can you solve it? Getting coins out of the bank A pecuniary puzzle Today, we are going to play a game. It takes place on a grid with an infinite number of rows and columns, and it starts with three ...
2019-10-07, 03:26

Bank Mandiri: Big and active In its 20-year history, Bank Mandiri has transformed itself into Indonesia's best government-owned lender ‒ the domestic trailblazer is one to wat...
2019-09-26, 08:52

The World Bank: the impossible job? The World Bank is where finance and politics meet. The scope of its mandate and its ability to effect change have attracted some of both disciplines’ ...
2019-09-17, 10:39

Deutsche Bank to axe 18,000 jobs Deutsche Bank says it will cut 18,000 jobs by 2022 as part of a major restructuring of the embattled bank. For years, Germany's biggest lender has suf...
2019-07-07, 13:13

Deutsche Bank's Best Shot May Not Be Enough In theory, Deutsche Bank’s strategic reset is as sensible as it is overdue. In practice, it will require flawless execution and may not go far enough....
2019-07-08, 12:26

Is the World Bank fit for purpose? From governance issues to mounting competition, the World Bank faces myriad challenges, but its proponents remain convinced of its importance to the m...
2019-09-13, 13:26

Ping An Bank: Change everything One to watch in China is this transformed financial institution, which claims not only that it knows what its customers want – but how to give it to t...
2019-09-26, 08:52

Deutsche Bank: is it really different this time? Christian Sewing has set the bank a difficult task of cutting businesses and costs yet growing revenues in the next three years; not everyone is convi...
2019-07-08, 12:39

The impossible job of the World Bank? The World Bank is where finance and politics meet. The scope of its mandate and its ability to effect change have attracted some of both disciplines’ ...
2019-09-13, 13:26

Deutsche Bank Considers Up to 20,000 Job Cuts Deutsche Bank is weighing whether to cut 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the latest sign of the once-migh...
2019-06-28, 11:39

Lowering emissions without breaking the bank India’s economy is booming, driving up electric power consumption to unprecedented levels. The nation’s installed electricity capacity, which increase...
2019-07-31, 16:52

Bank Stocks Are Having a Rough August Falling interest rates, fears of a global economic slowdown and unrest in the Asian financial hub of Hong Kong have conspired to beat up bank stocks t...
2019-08-12, 21:39

Deutsche Bank considering up to 20,000 job cuts, WSJ reports Deutsche Bank AG is considering cutting 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the Wall Street Journal reported...
2019-06-28, 10:39

E.Sun Commercial Bank: Scaling the heights? As well as investing heavily in digital in-house capabilities, this Taiwanese financial instiution is keeping an eye out for acquisitions – and, in tu...
2019-09-26, 08:52

This Quarter, Bank Earnings Are All About Rates Investors will get an early readout on the impact of the Federal Reserve’s recent interest-rate cuts when big U.S. banks report third-quarter earnings...
2019-10-13, 15:13

The bank of mom and dad will lend — and even issue mortgages So-called family home loans are relatively common in the U.S. Canada's version of the arrangement is also becoming more popular, according to one B.C....
2019-09-07, 07:39

Square Wants to Be a Bank But Doesn't Want to Be Taxed Like One Square has lent billions to small businesses and consumers and applied for a banking license, but it says it isn’t a financial company. The payments p...
2019-09-12, 11:39

Survivors reflect on First Third bank shooting Last September, a gunman opened fire in a downtown Cincinnati bank building, killing three and wounding two others. One year later, survivors and fami...
2019-09-06, 14:00

Can the Giants Really Bank on Daniel Jones? Team brass thinks he can be the next Eli Manning. Giants fans wondered why a Duke quarterback was worth the No. 6 pick. We talked to over 30 people wh...
2019-08-07, 05:39

New man on the board to clean up Deutsche Bank's act The Qatari-backed lawyer tasked with trying to draw a line under Deutsche Bank's regulatory scandals has risen rapidly at the German bank, jumping to...
2019-07-17, 15:52

A Big Bank with Big Troubles: Financial Crisis 2.0? Many big financial institutions faced bankruptcy during the 2007-2009 crisis, and now -- a reminder of that turbulent time. A major global bank has be...
2019-07-16, 17:00

Bank of China: Outward bound This financial institution is clearly one to watch on a global scale, thanks to its presence in 57 countries and domination of the renminbi clearing m...
2019-09-26, 08:52

Investment bank environment still very fragile says UBS Investment banking conditions have improved over recent months but remains "very fragile," UBS Chief Executive Sergio Ermotti said on Thursday, adding...
2019-06-06, 08:13

How to Explore a New Hobby Without Breaking the Bank Hobbies are fun. They can help you relax after a long day at work. They can provide a creative outlet, new skills, or sometimes even a new network of ...
2019-08-14, 16:13

A third of UK bank branches closed in the last five years Around a third of the UK's bank branches have shut within the past five years alone, as customers continue to their migration to online accounts and a...
2019-09-24, 00:52

3 Armed Men Loot Rs 15 Lakh From Bank In UP Three armed criminals looted Rs 15 lakh from a bank in Gavana village under Chhaprauli Police Station area in Uttar Pradesh's Baghpat on Monday evenin...
2019-09-09, 21:13

Nordea Bank says its CEO will retire by end-2020 HELSINKI (AP) — The Nordic region’s largest financial group says it has begun looking for a successor to replace its current chief executive, wh...
2019-06-30, 08:52

NDB: The Brics bank takes shape Over the last 12 months, the New Development Bank has gone from concept to fully fledged lender. It says it wants to be differentiated by its nimblene...
2019-05-21, 10:39

The green bank for kids - set up by a child José Adolfo Quisocala teaches poor children how to save and to earn money by recyclingHe is a Peruvian banker who encourages schoolchildren to save, a...
2019-05-31, 03:39

TPD searching for bank robbery suspect TUCSON – Tucson Police Department is searching for a bank robbery suspect who allegedly robbed the Chase Bank located at 947 N Park Ave., on Mon...
2019-07-16, 08:52

Yes Bank Shares Fall Nearly 20%, Here's What Analysts Say Yes Bank shares nosedived as much as 19.56 per cent on Thursday, a day after the private sector bank reported a 91 per cent fall in its profit for the...
2019-07-18, 03:39

The Sanders Campaign Is Making Bank In recent weeks, the Democratic primary for president has essentially turned into a three-person race between Joe Biden, Elizabeth Warren, and Bernie ...
2019-10-01, 14:26

Man gets up to 20 years for bank robbery that netted $106 HOWELL, Mich. (AP) — A Michigan man has been sentenced to up to 20 years in prison for a bank robbery that netted $106. Robert Joseph Markus of Bright...
2019-05-24, 15:00

After Deutsche Bank cuts, where will the growth be? For Deutsche Bank chief executive Christian Sewing, shrinking the group's investment bank will be the relatively easy - if expensive - part of his res...
2019-07-07, 15:39

RBI Will Not Allow Any Co-Operative Bank To Collapse: Shaktikanta Das RBI on PMC Bank: On Thursday, RBI raised withdrawal limit for account holders of the PMC Bank to Rs. 25,000 from earlier withdrawal limit of Rs. 10,00...
2019-10-04, 10:26

Metro Bank Is Paying an Awful Lot Just to Keep Going Equity investors were relieved that Metro Bank managed to raise $430 million. But the interest payments will inflict a heinous blow on its profitabili...
2019-10-03, 12:39

Indian Bank Defrauded by Another Borrower The Indian bank that fell victim to one of the country’s biggest banking scams said that another borrower had defrauded it of half a billion dollars....
2019-07-08, 13:00

The Samsung Galaxy Note 10 launch invite hints at new central selfie camera The Samsung Galaxy Note 10 release date isn't too far off, as Samsung has officially announced the launch event date and venue for its next Unpac...
2019-07-02, 03:13

Mexico to launch El Salvador jobs program under Central America development plan Mexico will launch a job creation program for El Salvador on Thursday as part of its Central America development plan geared at slowing illegal migrat...
2019-06-19, 12:52

Why the ECB Will Stuff Free Money Into Bank Pockets Again The European Central Bank is throwing every tool it has at the sluggish euro-zone economy. Starting in September, it’ll make a generous funding offer ...
2019-08-16, 11:39

Former Wells Fargo CEO: 'This is the time' for bank acquisitions Former Wells Fargo CEO Richard Kovacevich says the depressed valuations for banks and other financial firms mean "this is the time" for acquisitions a...
2019-07-15, 18:13

Royal Bank of Canada's Profit Increases Royal Bank of Canada’s profit increased in its fiscal third quarter as net interest income rose by almost 10%, but the bank’s chief executive said the...
2019-08-21, 15:39

PCSD searching for bank robbery suspect TUCSON- The Pima County Sheriff’s Department is searching for a suspect that robbed the National Bank of Arizona at 5360 North La Cholla Bouleva...
2019-05-21, 16:00

A couple accidentally got $120,000 from the bank. Then they were arrested for spending it The couple from Montoursville, Pennsylvania, allegedly purchased a car, paid their bills and handed the money out to friends, police said.  ...
2019-09-10, 11:52

Bank of England expects zero growth in UK economy The Bank of England says it now expects zero growth in the UK economy in the second quarter of the year as no-deal Brexit fears and the US-China trade...
2019-06-20, 14:39

Police: Man says he robbed bank because he couldn’t buy meds SALT LAKE CITY (AP) — Police say a 65-year-old man told them he robbed a Utah bank because he didn’t have the money for medication he needed. Th...
2019-06-07, 20:52

US has a savings and loan crisis — consumers owe more with less in the bank America has a shocking new “savings and loan” crisis. Consumer debt is surging to record highs, fueled by rising mortgage debt, student loans and a bi...
2019-07-14, 06:13

Deutsche CEO to invest 15% of monthly net pay in bank's shares Deutsche Bank's chief executive Christian Sewing will spend 15% of his monthly net salary buying the German lender's shares starting in September, a ...
2019-09-02, 09:00

Rebound in Bank Stocks Was Short-Lived Even with a rebound on trade hopes, the KBW Nasdaq Bank Index of large bank stocks has fallen more than 4% this month, compared with a 2% decline for ...
2019-10-09, 16:39

China Merchants Bank: Leading from the front Rivals did not pay much attention to CMB up until 2017, but since then its stock has almost doubled, and now all eyes are on this Chinese financial in...
2019-09-26, 08:52

Is Deutsche Bank drinking in the last chance saloon? As it presses ahead with restructuring, Deutsche will exit cast equities, cut back in rates and centre itself on a traditional corporate banking busin...
2019-09-13, 10:13

ANZ bank to pay $682m to customers it ripped off over 10 years Charge increases pressure on Westpac to reveal whether its compensation costs have risenANZ says it will take a $682m hit this year to compensate cust...
2019-10-08, 09:00

All You Need To Know About State Bank Of India ATM Transaction Limits State Bank of India (SBI) account ATM charges: SBI savings account holders with an MAB or monthly average balance - minimum balance - above Rs 25,000 ...
2019-05-22, 06:00

Siam Commercial Bank: Turning upside down Thailand's SCB is certainly one to watch, because if its bold plan works, it will change not just its own business but the local banking system to...
2019-09-26, 08:52

Boris Johnson will have us laughing all the way to the food bank | Will Self The dialectical relation between politics and comedy is taking us somewhere deeply unfunnyHello, I’ll be standing in for David Mitchell this week, and...
2019-08-25, 13:26

The West Bank and the Jordan Valley explained Israeli PM Benjamin Netanyahu's pledge to annex the eastern portion of the West Bank known as the Jordan Valley could upend the quest for peace in the...
2019-09-11, 12:13

Beware a New Scam That Asks for Your Bank PIN on the Phone How easy is it to get caught up in a financial phishing scam? Just ask Twitter user Pieter Gunst. He faced “the most credible phishing attempt I’ve ex...
2019-10-09, 12:13

Rebound in Bank Stocks Was Short Lived Even with a rebound on trade hopes Wednesday, the KBW Nasdaq Bank Index of large bank stocks has fallen more than 4% so far this month, compared with ...
2019-10-09, 13:00

Euromoney and the IMF/World Bank: A special relationship For those that work on them, every edition of Euromoney is special. We try our utmost to reflect the issues of the moment, to delve into the intricaci...
2019-09-18, 19:52

World Bank's Georgieva approved as new IMF chief Bulgarian economist Kristalina Georgieva was confirmed on Wednesday as managing director of the International Monetary Fund, the IMF said, becoming th...
2019-09-25, 14:26

Deutsche Bank slashing 18K jobs by 2022 FRANKFURT, Germany — Germany’s struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking divis...
2019-07-07, 18:13

Bank Employee Unions Defer Two-Day Strike In view of the consideration of the positive and workable solution by the Finance Secretary, the 48-hour strike stands deferred, a joint statement sai...
2019-09-24, 08:00

12 Unexpected Table Lamps That Won't Break the Bank Lamps skirt the line between “decor” and “necessity.” After all, most rooms tend to have at least one overhead light. You can get away with not having...
2019-08-27, 01:13

Yes Bank Shares Rise Over 4% Ahead Of Earnings Yes Bank share price, Yes Bank earnings, Yes Bank shares today: At Wednesday's intraday high, Yes Bank shares clocked a recovery of 26.49% from a fres...
2019-07-17, 02:52

A Money Center Bank Falls to a 10-Plus Year Low: Now What? From a high near $150 in 2007, Deutsche Bank's share price recently fell below $8. But is this the end of the long down trend? A hint comes from an El...
2019-05-21, 10:26

Bank of England: No-deal Brexit not as bad as we predicted The negative impact of a no-deal Brexit will not be as severe as originally predicted because of improved planning by the government, businesses and t...
2019-09-04, 15:13

Why the ECB Is Stuffing Free Money Into Bank Pockets Again The European Central Bank is throwing every tool it has at the sluggish euro zone economy. Starting on Sept. 19, it’s making a generous funding offer ...
2019-09-19, 02:13

Bank Reserves: What Are They and Why a Shortage Is Roiling a Key Rate Bank reserves are normally obscure, even to bankers and professional investors. But this week they have hit the news when a shortage of them caused a ...
2019-09-19, 08:13

Bank of England: No-deal Brexit not as bad as we thought The negative impact of a no-deal Brexit will not be as severe as originally thought because of improved planning by the government, businesses and the...
2019-09-04, 18:00

How to Choose a Bank That's Not Profiting From the Climate Crisis If you’re trying to live in a way that helps mitigate the effects of climate change, you might resolve to fly less often or eat less meat. But what a...
2019-09-19, 16:13

Sewing’s savings: how Deutsche Bank will try to turn itself around Germany’s biggest bank wants to convince investors that its latest restructuring effort differs from previous attempts by returning the firm to its or...
2019-07-08, 12:39

Consumers Lift Profit at Bank of America U.S. consumers propelled Bank of America’s profit in the latest quarter, though the bank warned it could take a hit from any Federal Reserve rate cuts...
2019-07-17, 16:13

The Bank of England’s recipe for managed decline The central bank’s new ideas for how to modernize Britain’s financial system could eat into banks’ revenues, while helping them cut costs. For the wid...
2019-06-27, 17:26

Nationwide Bank Strike On September 26, 27 Against Mergers Around four lakh bank employees across the country are set to go on a strike on September 26-27 to protest against the merger of public sector banks....
2019-09-22, 07:13

Singapore to issue digital bank licenses Move to issue up to five new digital bank licenses will add market diversity and boost the local banking system in Singapore's bid to become a digital...
2019-06-29, 11:39

New name for BB&T-SunTrust bank lampooned: 'You could put this on a brand of toothpaste' "They have thrown aside two great brands that had real value in exchange for this horrific, means-nothing statement," said investor psychologist Peter...
2019-06-13, 14:39

This is what it really looks like inside a bank's cybersecurity center right before an attack In this excerpt from Kate Fazzini's new book "Kingdom of Lies," she takes you directly inside the security operations center of one of the world&...
2019-06-15, 14:26

Israeli regulator approves first new bank in 40 years The Bank of Israel has approved the establishment of the country's first new bank in 40 years, a digital bank to be established by the founders of two...
2019-09-24, 05:13

Wealth management: Bank of Morgan Stanley Ten years on from the crisis, Morgan Stanley was already a different animal, with a shift to half its revenues generated from wealth management – what...
2019-05-21, 11:13

| WP bank on Bok injection for crucial Cheetahs clash Junior Springbok centre Rikus Pretorius will make his Western Province debut in the final league round Currie Cup encounter against the Free State Che...
2019-08-21, 10:00

Deal: LG G8 ThinQ is $200 off at B&H and comes with free power bank Just like many other flagship smartphones available in the US, the unlocked LG G8 ThinQ is compatible with all major carriers in the country, includin...
2019-06-14, 21:13

How Deutsche Bank could turn into another Lehman Brothers Stock enthusiasts would be wise to keep a close watch on what is happening at Deutsche Bank, which shook up its business and said it planned to lay of...
2019-07-08, 22:39

Deutsche Bank careers end in an envelope, a hug and a cab ride Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the ...
2019-07-08, 13:52

"Those Who Voted For BJP...": Priyanka Gandhi On PMC Bank Crisis Congress leader Priyanka Gandhi Vadra on Thursday attacked the government over the PMC Bank crisis, alleging that all the money was gone due to a "nex...
2019-10-03, 15:00

RBI To Keep PMC Bank Depositors On Top Priority, Says Nirmala Sitharaman PMC Bank is facing a crisis after an alleged scam worth Rs 4,500 crore came to light last month. The cooperative bank had allegedly lent over 70 per c...
2019-10-12, 14:13

State-Run Bank Employees To Go On Strike On September 26, 27 On August 30, Finance Minister Nirmala Sitharaman announced four mergers of banks, a move she said would result in 12 public sector banks in the syste...
2019-09-22, 20:26

Russia c.bank says inflationary expectations fall in May Russian households' expectations for inflation fell in May to 9.3% from 9.4% in April, the central bank said on Wednesday. (Reporting by Elena Fabrich...
2019-06-05, 09:00

Bank Stocks Hurt by More Than Falling Rates Bank stocks soared ahead of the S&P 500 early in the year, but recent worries that trade tensions will hit the economy have dented shares of lenders i...
2019-05-29, 10:26

RBS eyes bid for £3.7bn Tesco Bank mortgage book The ‎state-backed Royal Bank of Scotland (RBS) is pursuing its biggest acquisition since the financial crisis by tabling a bid for Tesco Bank's ...
2019-06-21, 22:52

No More Bailouts? China’s New Approach to Bank Stress China’s legions of regional banks are feeling the strain. The country’s two-year crackdown on risky financing and the trade war with the U.S. have slo...
2019-08-09, 00:52

Ex-RBS exec Brown to take helm at Sainsbury's Bank A former Royal Bank of Scotland (RBS) executive is to become the next boss of J Sainsbury's financial services arm as the supermarket giant tries to r...
2019-06-10, 17:13

Western Europe's best digital bank 2019: dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy copy dummy c...
2019-05-30, 12:26

Mexico adds to LatAm bank gloom Banorte CEO says market will be 'surprised' by what comes next for the bank; fintech growth unlikely to impact bank growth in the short-term....
2019-08-28, 14:39

Ex-worker tries to rob Brazilian bank in elaborate old-man disguise A former bank employee in Brazil wore a disturbingly life-like old man mask while trying to rob a location of his ex-employer, according to new report...
2019-08-13, 13:39

He Quit Credit Suisse. Then He Caught the Bank's Spy. A private investigator hired by Credit Suisse trailed the bank’s former wealth-management head through Zurich for several days, snapping photos along ...
2019-09-28, 08:13

UBS's Ermotti says Swiss bank's CEO bench at least three deep: NZZ UBS has least three candidates from inside the biggest Swiss bank who could eventually step into the CEO role, Chief Executive Sergio Ermotti said in ...
2019-08-29, 09:52

Suspect sought in U.S. Bank armed robbery Do you recognize him? Courtesy: Tucson Police Department TUCSON – Tucson Police Department is asking for the public’s help in locating a male suspect ...
2019-08-13, 15:52

Canada's TD Bank posts nearly 5% rise in profit TD Bank Group reported a 4.6% rise in third-quarter profit on Thursday, as Canada's second-biggest lender by market value benefited from strength in i...
2019-08-29, 07:26

Democrats defy Waters on Ex-Im Bank crackdown House Democrats are poised to challenge a deal negotiated by Rep. Maxine Waters that would impose new restrictions on the Export-Import Bank, the firs...
2019-06-21, 17:00

Deutsche Bank's uncertain road to recovery The German lender is planning to cut thousands of jobs and shed whole business lines as part of a major reorganization. Analysts say cost cutting alon...
2019-07-05, 13:01

RBS picks Rose as first woman to run major UK bank The state-backed Royal Bank of Scotland (RBS) has picked Alison Rose to become its next chief executive, making her the first woman to head one of Bri...
2019-08-10, 23:52

He Quit Credit Suisse. Then He Caught the Bank's Spy For several days in September, a private investigator hired by Credit Suisse trailed the bank’s former wealth management head Iqbal Khan through Zuric...
2019-09-27, 14:52

Best power bank in India: Best batteries over 10,000mAh Believe it or not, smartphone batteries have gotten better over the last few years, especially compared to when Android phones just arrived into the m...
2019-06-07, 10:39

Former Deutsche Bank co-CEO included in cum-ex probe: paper German prosecutors are probing former Deutsche Bank co-Chief Executive Anshu Jain and 78 other current and former bank officials as part of an investi...
2019-06-07, 12:00

When You Sell Your Stuff for Cash, Meet at the Bank Police stations are a popular spot for exchanging used goods for cash in our Craigslist/Offerup/Letgo/eBay/Nextdoor-filled lives. In fact, many police...
2019-07-04, 12:13

US ambassador says Israel 'has the right to retain some' of the West Bank President Trump’s administration won’t “prejudge” an Israeli effort to annex settlements in the West Bank, according to the top U.S. envoy to Israel....
2019-06-08, 20:13

Yes Bank Shares Fall Over 7% After Moody's Downgrade On the National Stock Exchange (NSE), Yes Bank shares opened lower at Rs 59.25 apiece and dropped to as much as Rs 55 apiece, marking a decrease of 7....
2019-08-29, 12:52

Bank Frauds Jump 74% To Rs 71,543 Crore In 2018-19, Says RBI Reserve Bank of India (RBI) in its annual report said that frauds related to loans constituted dominant share of the total amount involved in frauds....
2019-08-29, 12:52

Former Chairman Of PMC Bank Waryam Singh Arrested The Economic Offences Wing (EOW) of Mumbai Police today arrested Waryam Singh, former chairman of Punjab and Maharashtra Cooperative (PMC) Bank, in co...
2019-10-05, 19:13

Deutsche Bank considers replacing CFO: report Deutsche Bank Chief Executive Christian Sewing is planning a major overhaul of top management, including replacing the finance chief, Bloomberg news a...
2019-06-18, 11:26

Moody's Places Yes Bank Under Review For 'Downgrade' Shares of Yes Bank, which rose as much as 5.6 per cent intraday, pared some gains to settle 2.7 per centhigher on the NSE Nifty that was up 0.36 per c...
2019-06-11, 09:52

OCBC Bank offers cash by QR codes Bypassing the need for ATM cards or PINs, the Singapore bank's customers can scan a QR code with their mobile phone and authenticate the transaction w...
2019-07-31, 11:52

Deutsche Bank Shares Continue to Fall Deutsche Bank AG shares slid a second day as investors and analysts questioned the German lender’s growth projections and management’s grip on restruc...
2019-07-09, 12:52

Implosion brings down Dallas bank building Aerial video captured clouds of smoke and dust as a Republic/National Bank facility was imploded in Dallas Sunday morning. (Sept. 16)   ...
2019-09-16, 20:00

MOVES-NatWest names CEO for its new digital-only bank NatWest Holdings, a subsidiary of Royal Bank of Scotland Group, said on Tuesday it had appointed Marieke Flament as the first chief executive officer ...
2019-06-18, 08:52

Embattled Bank Stocks Lose Billions Investors continued their run on bank stocks, sending shares of some of America’s biggest financial institutions sharply lower following the latest si...
2019-08-14, 14:52

Brokers Bank on Your Cash, but Some Are Breaking From the Pack Fidelity Investments said it has sweetened the deal for customers holding cash there, the latest salvo in the price war playing out among brokerages....
2019-08-07, 23:39

Mexico freezes ex-oil official’s bank accounts MEXICO CITY (AP) — Mexican authorities have frozen the bank accounts of Emilio Lozoya, the former head of Mexico’s state-owned oil company. The ...
2019-05-28, 11:13

Three is the place to be for SIM only deals this bank holiday weekend There is a massive range of different networks and retailers who offer SIM only deals. But if you've decided to use your bank holiday weekend try...
2019-08-24, 08:39

Deutsche Bank to pay $16m to settle US ‘princelings’ case Regulator had said it corruptly hired unqualified relatives of foreign officials to win businessDeutsche Bank has agreed to pay a $16m (£13m) fine to ...
2019-08-23, 13:26

Warriors bank on Thompson's return for Game 4 OAKLAND - The Toronto Raptors can move within one game of their first championship Friday night, but likely they will see a different-looking opponent...
2019-06-07, 03:13

EU settles on World Bank's Georgieva to lead IMF European Union governments picked Bulgaria's Kristalina Georgieva as the bloc's candidate to lead the International Monetary Fund after more than 12 h...
2019-08-02, 23:13

New Startup-Focused Bank Gets More Than $100 Million From Investors A group of investors has bet more than $100 million on Grasshopper Bancorp, a new digital bank that is looking to tap into the growth of technology st...
2019-05-30, 12:26

RBI Penalises HDFC Bank For Violating Know Your Customer Norms The Reserve Bank of India (RBI) has imposed a fine of Rs 1 crore on private sector lender HDFC Bank for violating norms related to know your customer....
2019-06-19, 03:26

A bank scandal, an oligarch and the IMF: Ukraine's president has a lot to deal with right now Ukrainian President Volodymyr Zelensky is under pressure over how he will resolve a long-running dispute regarding a nationalized bank and its former ...
2019-09-20, 10:00

Royal Bank of Scotland appoints Alison Rose as CEO Royal Bank of Scotland has appointed Alison Rose as its new chief executive, becoming the first major British lender to appoint a woman to its top job...
2019-09-20, 04:13

New Zealand to start protecting bank deposits of most savers WELLINGTON, New Zealand (AP) — New Zealand remains one of the few developed countries where people with bank savings have no recourse if their bank fa...
2019-06-24, 03:13

UK digital bank Monzo takes first steps into U.S. market Fast-growing British digital bank Monzo is launching in the United States through a limited rollout of its app-based checking account and connected de...
2019-06-13, 12:52

U.S. Bank Regulator Pitches Low-Income Lending Rule Changes A Trump-appointed bank regulator is touring the country trying to sell his plans to modify lower-income lending requirements and overcome resistance f...
2019-08-20, 01:13

Bank of Montreal quarterly profit rises slightly Bank of Montreal reported a 1.3% rise in quarterly profit on Tuesday, as higher provisions for credit losses offset strength in its capital markets bu...
2019-08-27, 06:52

TD Bank Group's Profit Lifted by U.S. Retail Operations Toronto-Dominion Bank Group’s quarterly profit rose more than 4% from a year earlier, driven largely by higher loan and deposit volumes in its U.S. re...
2019-08-29, 09:26

RBI Imposes Rs 2 Crore Fine On Kotak Mahindra Bank The RBI said it decided to impose a penalty after reviewing the bank's reply to a notice seeking an explanation about why it had not complied with reg...
2019-06-08, 04:52

US ambassador: Israel has right to annex parts of West Bank David Friedman gives interview to New York Times‘Israel has right to some, but unlikely all’ of disputed territoryThe US ambassador to Israel did not ...
2019-06-08, 15:00

Bank of England set to keep rates on hold over Brexit unease LONDON (AP) — The Bank of England is expected to keep interest rates on hold Thursday but indicate a possible increase later this year despite uncerta...
2019-06-20, 03:26

Bank Stocks Climb on Mexico Tariff Delay Stocks of large commercial lenders rose after the U.S.’s decision to hold off implementing trade tariffs on Mexican imports brightened investors’ econ...
2019-06-10, 17:26

Humbled Deutsche Bank faces battle in its own backyard Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Sew...
2019-08-20, 12:39

Credit Suisse exec heads to Deutsche Bank Deutsche Bank has named Steven Feinberg to manage its US investment-grade debt trading, Bloomberg reported. Feinberg had previously worked at Credit S...
2019-06-20, 00:13

Bank Employee Unions Warn Of Strike. Heres All You Need To Know Bank strike 2019: Bank strike to lead to four-day bank holiday: The two-day strike will begin on the midnight of September 25. The unions have also me...
2019-09-14, 05:52

US ambassador: Israel can retain parts of West Bank JERUSALEM (AP) — The U.S. ambassador in Jerusalem says Israel has the right to retain parts, but not all, of the West Bank. David Friedman’s rem...
2019-06-08, 14:00

Police look to Facebook, bank records in quadruple slaying MANDAN, N.D. (AP) — Police are turning to Facebook and bank records to try to identify a motive for why four people were killed at a North Dakota busi...
2019-06-10, 13:00

One Wall Street Bank Thinks Boeing Can Rally to $500 Boeing shares haven’t yet recovered from the fallout stemming from the grounding of the 737 MAX. But they are worth taking a second look at, Morgan St...
2019-09-09, 16:39

A Look at the West Bank Area Netanyahu Vowed to Annex The Jordan Valley and northern Dead Sea are considered strategically vital zones by Israel for security. If Israel annexed them, it would encircle any...
2019-09-10, 17:52

Even the Google Calendar app is being used by scammers to drain your bank account Scammers apparently live by the motto "where there's a will there's a way." Take the Google Calendar app. As Wired notes, criminals with malicious int...
2019-06-22, 21:13

Netanyahu says he'll annex parts of West Bank if re-elected Israel's Prime Minister Benjamin Netanyahu says if he's re-elected and able to form a coalition, he'll apply Israeli sovereignty over the Jordan Valle...
2019-09-10, 22:13

Deutsche Bank Warns Clients They Could Be Cut Off in Compliance Effort Deutsche Bank has given around 1,000 investment-banking clients a month or less to hand over company-ownership information and other documentation in ...
2019-06-12, 09:13

Deutsche Bank Credit Rating Downgraded by Fitch Fitch Ratings on Friday downgraded Deutsche Bank AG’s long-term debt rating, citing the German lender’s low profitability and doubts about its busines...
2019-06-07, 17:26

Bank Officers' Unions Threaten To Go On Strike: 10 Things To Know Four unions of public sector bank officers have threatened to go on a strike opposing the consolidation of 10 state-run lenders into four. The unions ...
2019-09-17, 20:39

UPDATE 3-U.S. regional bank Prosperity to buy peer LegacyTexas for $2.1 bln U.S. regional bank Prosperity Bancshares Inc said on Monday it would buy Plano, Texas-based peer LegacyTexas Financial Group Inc for $2.1 billion, cre...
2019-06-17, 19:39

BNP Paribas plans bid for Deutsche Bank's equity derivatives French lender BNP Paribas plans to bid for Deutsche Bank's equity derivatives book and is hopeful it can beat off rival bidders to secure a deal in ...
2019-08-29, 13:52

Deutsche Bank and UBS Explored European Banking Alliance Deutsche Bank and UBS had talks as recently as mid-June to form an unusual alliance of investment-banking operations, according to people familiar wit...
2019-08-25, 10:39

If the Bank Accidentally Deposits Money in Your Account, Don't Spend It A Pennsylvania couple is facing felony charges for buying an SUV, a race car, and two four-wheelers, and then handing out $15,000 to their friends aft...
2019-09-11, 21:52

Bank Officer's Union Threaten To Go On Strike: 10 Things To Know Four officers' organizations of public sector banks (PSBs) have threatened to go on strike opposing the consolidation of 10 state-run lenders into fou...
2019-09-16, 20:00

FBI looking for 'Mummy Marauder' in Friday the 13th bank robbery The FBI is looking for a suspected Houston-area bank robber dubbed the "Mummy Marauder" because of the white gauze covering his face during a Friday t...
2019-09-17, 21:52

Pete Buttigieg would cut some US aid if Israel annexes West Bank Democratic presidential hopeful Pete Buttigieg said on Tuesday that if Prime Minister Benjamin Netanyahu carries out his plan to annex settlements in ...
2019-06-11, 16:39

State Bank Of India Levies These Charges For ATM, Other Services State Bank of India or SBI, country's largest lender by assets, has a network of more than 50,000 ATMs (Automated Teller Machines) across the country....
2019-08-22, 07:39

This big bank is eliminating all fees on checking and savings accounts Discover is doing away with fees of any kind on its checking, savings, money market and certificate of deposit accounts.     ...
2019-06-17, 05:13

One major bank is holding the line, saying the Fed won't cut rates this year The economists at Citi maintained their call for no rate cuts this year after the Federal Reserve said the case for an easier monetary policy has stre...
2019-06-20, 16:00

Bank Officers' Union Threatens To Go On 2-Day Strike Against Mergers A union leader also said that the nationalised banks will further observe indefinite strike from the second week of November to press for their demand...
2019-09-12, 10:39

U.S. Ambassador Says Israel Has Right to Annex Parts of West Bank Ambassador David M. Friedman opened the door to American acceptance of Israel’s annexation of parts of the West Bank, a move that would violate intern...
2019-06-08, 03:13

Canadian regulator summons RBC, TD Bank over malpractice charges The Ontario Securities Commission has issued a notice of hearing to Royal Bank of Canada and Toronto-Dominion Bank to settle charges of forex trading ...
2019-08-27, 01:13

Sanctions-hit Lebanese bank denies Hezbollah ties Jammal Trust Bank SAL on Friday rejected allegations that it helps to fund Lebanon's Iran-backed Hezbollah and said it plans to appeal against U.S. sa...
2019-08-30, 06:52

Investor keeps making bank selling Soho townhouses Real estate investor and former tech investor Arthur Becker’s savvy $20 million stake in architect Cary Tamarkin’s 10 Sullivan St. keeps p...
2019-09-18, 20:13

Deutsche Bank Senior U.S. Bankers Poised to Leave Two of Deutsche Bank’s top New York deal makers are poised to leave the embattled lender ahead of impending deep cuts to its Wall Street investment ba...
2019-06-18, 15:00

Deutsche Bank still sees 50:50 chance of no-deal Brexit Deutsche Bank on Wednesday retained its estimate that there is a 50:50 chance Britain will crash out of the European Union without a deal with Brussel...
2019-08-28, 13:26

Bank of Jinzhou Posts Net Loss After Filing Delay Hong Kong-listed lender Bank of Jinzhou reported a net loss, citing increased bad loans and a change of accounting measures that have more-stringent r...
2019-08-31, 11:13

Bank of Canada’s next update could affect federal election Since the bank's most-recent public comments in early July, there's mounting evidence of a slowing global economy mostly due to the escalating U.S.-Ch...
2019-08-23, 17:26

Pakistan To Get $3.4 Billion In Budgetary Aid From Asian Development Bank Pakistan will receive $3.4 billion in budgetary support from the Asian Development Bank (ABD), the de facto finance minister said on Saturday, as the ...
2019-06-16, 00:52

Moody's Cuts Yes Bank Ratings With "Negative" Outlook Moody's expects the bulk of Yes Bank's operating profits will get consumed by loan loss provisions over the next 12 to 18 months, and thus not support...
2019-08-28, 13:26

UPDATE 1-Chinese regulators will restructure Baoshang Bank as soon as possible The Chinese government's takeover of Baoshang Bank has caused some pain but prevented bigger financial and social instability, and regulators will res...
2019-06-16, 09:26

Tax Officials To Get Swiss Bank Details Of Indians From Tomorrow Banking details of Indians with accounts in Switzerland will be available to tax authorities from Sunday as the automatic exchange of information regi...
2019-08-31, 11:13

China's bank loans up in August, more stimulus expected Chinese regulators have been trying to boost bank lending and lower financing costs for more than a year. But some analysts say credit demand has not ...
2019-09-12, 08:39

Deutsche Bank says it has some of Trump's tax returns – live news Bank says in redacted court document it has at least some of Trump’s returns, which House Democrats have sought for months Sign up to the US briefing ...
2019-08-27, 16:52

The Swiss bank spying scandal that left a man dead A row between two highly-paid bankers, one of whom winds up being followed by a private detective on the streets of Zurich, while a third senior banke...
2019-10-01, 13:39

Suspended MD Of PMC Bank Arrested In Alleged Rs 6,500 Crore Fraud Joy Thomas, the suspended managing director of crisis-hit Punjab and Maharashtra (PMC) Bank, has been arrested in an alleged Rs 6,500 crore fraud case...
2019-10-04, 10:00

Bandhan Bank, Gruh Finance To Merge On October 17 Bandhan Bank''s merger with Gruh Finance will help the Kolkata-based private lender diversify its loan portfolio of Rs 45,400 crore, which is heavily ...
2019-10-04, 10:26

Deutsche Bank Careers Ended With An Envelope, A Hug And A Cab Ride Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the ...
2019-07-08, 16:26

Deutsche Bank layoffs on heels of years of trouble AP banking reporter Ken Sweet said the layoffs just announced at Deutsche Bank are a sign of "trouble" for a bank that has seen a revolving door of CE...
2019-07-08, 18:00

HSBC CEO quits as bank warns of looming clouds HSBC CEO John Flint has left the bank just 18 months into the job. HSBC makes 80% of its profits in Asia and the new boss will face growing tensions b...
2019-08-05, 19:13

Deutsche Bank shares slide again on skepticism about turnaround Deutsche Bank shares extended losses on Tuesday on investor doubts that the new chief executive can revive the lender by shrinking the investment ban...
2019-07-09, 05:26

UK lawmakers ask authorities to investigate bank forgery allegations British lawmakers on Tuesday asked financial and legal authorities to investigate allegations that banks have forged signatures on legal documents for...
2019-07-09, 07:52

Deutsche Bank shares slide again on doubts about turnaround Deutsche Bank shares extended losses on Tuesday on investor doubts that the new chief executive can revive the lender by shrinking the investment ban...
2019-07-09, 09:00

Suspended MD Of PMC Bank Sent To Police Custody Till October 17 Former managing director of Punjab and Maharashtra Cooperative (PMC) Bank, Joy Thomas, arrested in connection with the alleged Rs 4,355 crore scam at ...
2019-10-05, 08:52

Frankfurt train station shut after bank robbery A bank robbery and a police chase caused officials to suspend operations at Frankfurt's central station, one of the busiest train hubs in Germany. Thr...
2019-08-02, 12:01

Rabobank is the second major bank to cancel its cryptocurrency wallet After exploring the opportunity last year, major Dutch bank Rabobank has decided it’s not going to take its plans for a cryptocurrency wallet any furt...
2019-05-23, 08:00

Bank Stocks Decline After Trump's New Tariff Threat Bank stocks fell sharply after President Trump’s latest tariff threat sent U.S. Treasury yields tumbling and raised new questions about the outlook fo...
2019-08-01, 20:39

Bank of England warns of one in three chance of Brexit recession MPC votes 9-0 to keep interest rates at 0.75% as uncertainty drags down the UK economyBritain has a one in three chance of plunging into recession at ...
2019-08-01, 15:01

Canada's TD Bank posts 6.7% rise in quarterly profit TD Bank Group reported a 6.7% rise in adjusted second-quarter profit on Thursday, as Canada's second-biggest lender by market value benefited from str...
2019-05-23, 06:52

Ex-Treasury mandarin Kingman to chair Tesco Bank Sir John Kingman, the former Treasury mandarin who orchestrated the rescue of Britain's banking system during the 2008 crisis, is being lined up as th...
2019-10-05, 19:39

Bank of England Sees ‘Volatility’ as Brexit Nears Britain’s central bank said economic growth has probably flattened, weighed by global concerns and uncertainty over the coming departure from the Euro...
2019-08-01, 08:13

Yes Bank "Very Stable", Says CEO Ravneet Gill; Shares Surge Yes Bank chief executive officer Ravneet Gill said on Thursday that the private sector lender remains on a solid financial footing, and the recent fal...
2019-10-03, 02:39

Deutsche Bank plans cuts at its US equities business Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about...
2019-05-24, 04:26

UPDATE 1-China to offer liquidity to Baoshang Bank China's central bank said on Sunday that it would offer liquidity to Inner Mongolia-based Baoshang Bank, which the country's financial regulators have...
2019-05-26, 05:26

Trump is a huge headache for Deutsche. But the bank has plenty more. To stem a decade of decline, the bank announced Sunday a sweeping restructuring, including gutting most of its investment bank operations. As many as ...
2019-07-07, 19:13

Germany's Deutsche Bank To Cut 18,000 Jobs In Major Overhaul The overhaul, one of several over the past few years, signals that Deutsche is coming to terms with its failure to keep pace with Wall Street's big hi...
2019-07-08, 00:00

Yes Bank Files Complaint Against Rumours About Its Financial Health Yes Bank said it had requested the authorities to form a multi-disciplinary team of experts for detecting the origin of the fake news and assess the s...
2019-10-07, 03:26

Deutsche Bank to Slash 18,000 Jobs in a Sweeping Restructuring FRANKFURT, Germany (AP) — Germany’s struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investm...
2019-07-08, 03:00

The best bank holiday sales available at Amazon, Argos, Boohoo and more The second set of May's Bank Holiday Sales have launched early at many stores and we're here to roundup the best deals and tell you who is h...
2019-05-24, 15:13

How Deutsche Bank’s Woes Infect All European Lenders Europe has too many banks making too little money. The continent’s big lenders appear to lurch from crisis to crisis, burning through chief executives...
2019-07-08, 05:39

Deutsche Bank's aim to make profit in 2020 is uncertain - CFO Deutsche Bank aims to break even or turn a profit in 2020 but there is "significant uncertainty in that forecast", the bank's finance chief said on Mo...
2019-07-08, 06:52

Deutsche Bank Seeks to Reassure Investors Over Restructuring Deutsche Bank shares were volatile as the German lender insisted it could radically restructure its business without having to ask shareholders for mo...
2019-07-08, 07:39

Deutsche Bank set to return to roots with radical reboot The German lender is cutting thousands of jobs and shedding whole business lines as part of a massive overhaul. Analysts say cost cutting alone is not...
2019-07-08, 07:52

UBS slashes threshold for fee on euro deposits at Swiss bank UBS Group will halve to 500,000 euros ($559,900) its threshold for charging a 0.6% deposit fee on euro accounts at its Swiss banking unit, Switzerland...
2019-08-06, 18:26

Axe falls on 18,000 Deutsche Bank jobs in $8.3 billion reinvention Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which Germ...
2019-07-08, 10:26

Deutsche Bank careers curtailed with an envelope, a hug and a cab ride Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the ...
2019-07-08, 10:26

Deutsche Bank's aim to make profit in 2020 is uncertain: CFO Deutsche Bank aims to break even or turn a profit in 2020 but there is "significant uncertainty in that forecast", the bank's finance chief said on M...
2019-07-08, 10:26

ATM bank fees hit a record high — and it's draining your cash It's just become more costly to pull cash from certain ATMs. The all-in fee banks charge noncustomers for withdrawing from their ATMs has hit new...
2019-10-02, 17:13

Key Things To Know About SBI's Basic Savings Bank Deposit Account A basic RuPay ATM-cum-debit card is issued free of cost and no annual maintenance charge is applied. The receipt/ credit of money through electronic p...
2019-05-24, 05:52

Are your bank deposits safe? Potential problems could be brewing This FDIC fund now holds a record $107 billion, enough to cover 1.4% of insured deposits. The ratio fell below 0% in 2009 and 2010.    ...
2019-10-06, 12:00

Government To Get Swiss Bank Details Of All Indians From September India's fight against suspected black money stashed abroad will get a major boost this September in the form of first set of detailed financial inform...
2019-07-10, 15:52

Deutsche Bank doesn’t have Donald Trump’s tax returns Deutsche Bank doesn’t have Donald Trump’s long-sought tax returns, a federal appeals panel revealed Thursday. The disclosure came amid an ...
2019-10-10, 14:00

Court: Deutsche Bank Does Not Have Donald Trump’s Tax Returns (NEW YORK) — Deutsche Bank has told a federal appeals court it does not have President Donald Trump’s personal tax returns. Trump’s ...
2019-10-10, 16:52

Deutsche Bank tells U.S. court it does not have Trump's tax returns Deutsche Bank says it does not have copies of U.S. President Donald Trump's tax returns, a U.S. appeals court said on Thursday, closing one possible ...
2019-10-10, 18:52

Furniture retailer donates to community food bank TUCSON – Sam Levitz Furniture wrote a check for $12,000 to the Community Food Bank of Southern Arizona to help fight hunger in Tucson on Thursda...
2019-10-11, 03:39

The Bank of England will honor Alan Turing on its new £50 note The Bank of England has chosen Alan Turing, computing pioneer and a code-cracker during World War Two, to be featured on its new £50 note. Turin...
2019-07-15, 11:39

French bank Natixis says there are no talks over possible offer for Coface French bank Natixis said on Monday that it was not in talks over a possible takeover offer for Coface, the credit insurance subsidiary in which Natixi...
2019-07-22, 05:39

Borrowing from your 401(k) is easy. But should you really break open that piggy bank? Nearly 3 in 10 Americans dip into retirement savings, says Transamerica. It pays for higher education, lowering debt and covering medical costs. ...
2019-05-21, 13:52

HDFC Bank Shares Hit Two-Month Low As Bad Loans Rise HDFC Bank stock price: HDFC Bank share price: At 10:00 am, the HDFC Bank stock traded 2.82% lower at Rs 2,308.85 apiece on the BSE, underperforming th...
2019-07-22, 05:13

Kotak Bank Shares Fall Over 3% Ahead Of Earnings Kotak Mahindra Bank shares, Kotak Mahindra Bank earnings: On the BSE, the Kotak Mahindra Bank stock opened at Rs 1,500 apiece - nearly unchanged from...
2019-07-22, 05:13

Trump Fed Pick Missed Bank Board Meetings One of President Trump’s latest Federal Reserve picks has amassed an attendance record that is worse than all but two of the European Bank for Reconst...
2019-07-15, 18:52

Yes Bank Shares Surge 11%, Reclaim Rs 100-Mark After 10 Sessions Yes Bank stock price news: Yes Bank share price today: Yes Bank shares jumped 10.89% jump from their previous close of Rs 93.20 apiece on the BSE. O...
2019-07-16, 05:52

Wall Street muted after mixed bank earnings U.S. stock indexes treaded water on Tuesday as Wall Street's big banks swung between gains and losses after their quarterly results drew mixed reactio...
2019-07-16, 11:13

N4T Investigators: Hackers stealing money from bank accounts TUCSON – Cybercriminals are gaining access to bank accounts and stealing money. A victim from Oro Valley recently had tens of thousands of dollars sto...
2019-07-19, 01:52

World Bank 'Drops' $300 Million Amaravati Project In a jolt to the Andhra Pradesh government, the World Bank has "dropped" out of the Amaravati Sustainable Infrastructure and Institutional Development...
2019-07-19, 01:13

Bank of America trims net interest income guidance Bank of America Corp lowered its annual net interest income guidance on Wednesday to reflect a weakened interest rate environment as the second-larges...
2019-07-17, 10:26

Bank Repossesses 50 Alfa Romeos From Struggling Dealership Man, the pile of troubles a struggling Alfa Romeo dealership in Dallas has found itself under seems endless. Customer complaints, unpaid rent and no...
2019-07-17, 21:26

"Set Politics Aside, Help PMC Bank Depositors": Supriya Sule To Centre Nationalist Congress Party leader Supriya Sule today urged the Narendra Modi government to set its "political agenda" aside and step in to help deposi...
2019-10-10, 13:13

Betterment Is Basically Becoming a Bank With New Savings and Checking Accounts Less than a year after launching its not-quite-a-savings-account Smart Saver product, popular robo-advisor Betterment is taking big steps towards beco...
2019-07-23, 18:00

Ultimate power bank -- RAVPower 27000mAh with AC Outlet I've been looking for the ultimate power bank that will charge USB-A and USB-C, and offer an AC power outlet for other devices. RAVPower has just a po...
2019-10-07, 03:00

Tesco Bank names John Kingman to its board Tesco's financial arm confirmed on Monday that it has appointed John Kingman, the businessman who oversaw Britain's bailout of its banks in the finan...
2019-10-07, 03:26

U.S. probes Deutsche Bank's dealings with Malaysia's 1MDB: WSJ The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for state...
2019-07-11, 00:13

U.S. Investigating Deutsche Bank's Dealings With Malaysian Fund The sprawling, multibillion-dollar Malaysian development fraud scandal that has toppled a prime minister and stretched from Hollywood to Wall Street i...
2019-07-11, 02:26

Masked burglar caught on camera breaking into bank ATM A man was caught on video breaking into an ATM inside a Queens bank Wednesday and allegedly stealing cash before running off, according to police and ...
2019-05-22, 13:00

Commerzbank open to M&A after Deutsche Bank talks collapse Commerzbank may refine its strategy and is still open to mergers following the collapse of talks with its larger rival Deutsche Bank, the lender's chi...
2019-05-22, 12:39

Deutsche Bank Says Software to Detect Money Laundering Had a Bug The bank’s acknowledgment that faulty software had been used to screen transactions for suspicious activity came a day before executives prepared to f...
2019-05-22, 12:26

Deutsche Bank stumbles to big loss on road to reinvention Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges faced by Chief Executiv...
2019-07-24, 14:52

Struggling Deutsche Bank suffers $3.5 billion loss Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges it faces as it attempts ...
2019-07-24, 11:00

Deutsche Bank blames restructuring for €3.1 billion Q2 loss The German lender has reported a bigger loss than predicted last month when it announced a major business overhaul. The troubled bank says it would be...
2019-07-24, 08:52

Deutsche Bank counts cost of job cutting with £2.8bn loss Deutsche Bank has reported a bigger than expected €3.15bn (£2.81bn) quarterly loss after counting the cost of major restructuring which wil...
2019-07-24, 07:52

Deutsche Bank, massive payoffs and being rewarded for failure Public outrage at departing financial executives receiving millions is often palpable. Yet grappling with the issue is harder than it looks in an indu...
2019-07-12, 05:00

Germany Inc. Shudders as Deutsche Bank, Others Face Challenges German efficiency has taken a hit this year as many of the country’s most recognizable corporations have faced setbacks, hurt by a slowing local econo...
2019-07-12, 08:39

Commonwealth Bank: Australia is well-positioned to be a leader in cyber The GM of the yellow bank's cybersecurity centre wants the nation to take advantage of its current position, and export cyber talent and innovation to...
2019-09-23, 01:39

Deutsche Bank's Second-Quarter Charge Is Bigger Than Expected Deutsche Bank reported a loss of more than $3.5 billion in the second quarter, reflecting the pain of a large restructuring charge that wiped out what...
2019-07-24, 03:00