
Big banks brace as British forex class action seeks go-ahead
LONDON, July 12 (Reuters) – A specialist London court will

LONDON, July 12 (Reuters) – A specialist London court will

WASHINGTON, July 9 (Reuters) – President Joe Biden’s planned executive

Turkey is considering a fresh capital injection for state banks but they also need a plan to deal with lingering bad debt after the lenders depleted their resources helping Ankara’s battle against COVID-19, senior bankers and government officials say.

Australia’s central bank on Tuesday took its first step towards tempering its massive stimulus as employment proves far stronger than previously expected, although actual rate hikes remain a distant prospect.

Credit Suisse (CSGN.S) is considering centralising the management of its bankers to the world’s wealthy, replacing a regional structure, three sources said, as part of efforts to fast-track an overhaul after a series of scandals.

A group of banks, including UBS (UBSG.S) and Singapore’s DBS (DBSM.SI), on Wednesday announced plans to create a new way of measuring the environmental and social impact of their financing.

Malaysian conglomerate Sunway Bhd (SWAY.KL) has teamed up with Tencent-backed Chinese fintech firm Linklogis Inc (9959.HK) and Bangkok Bank PCL (BBL.BK) to apply for a Malaysian digital bank licence, two sources with knowledge of the matter said.

MILAN, June 29 (Reuters) – UniCredit (CRDI.MI) is set for further senior

Mitsubishi UFJ Financial Group (8306.T) shareholders on Tuesday defeated a proposal for the bank to align its business with global targets on climate change, dealing a win for the board over investors pushing for more action on the environment.

Goldman Sachs Group Inc (GS.N) and two former top executives were ordered by a U.S. judge on Monday to face a lawsuit accusing them of misleading shareholders about the bank’s work for 1MDB, a Malaysian fund that became embroiled in a corruption scandal.

LONDON, July 12 (Reuters) – A specialist London court will

WASHINGTON, July 9 (Reuters) – President Joe Biden’s planned executive

Turkey is considering a fresh capital injection for state banks but they also need a plan to deal with lingering bad debt after the lenders depleted their resources helping Ankara’s battle against COVID-19, senior bankers and government officials say.

Australia’s central bank on Tuesday took its first step towards tempering its massive stimulus as employment proves far stronger than previously expected, although actual rate hikes remain a distant prospect.

Credit Suisse (CSGN.S) is considering centralising the management of its bankers to the world’s wealthy, replacing a regional structure, three sources said, as part of efforts to fast-track an overhaul after a series of scandals.

A group of banks, including UBS (UBSG.S) and Singapore’s DBS (DBSM.SI), on Wednesday announced plans to create a new way of measuring the environmental and social impact of their financing.

Malaysian conglomerate Sunway Bhd (SWAY.KL) has teamed up with Tencent-backed Chinese fintech firm Linklogis Inc (9959.HK) and Bangkok Bank PCL (BBL.BK) to apply for a Malaysian digital bank licence, two sources with knowledge of the matter said.

MILAN, June 29 (Reuters) – UniCredit (CRDI.MI) is set for further senior

Mitsubishi UFJ Financial Group (8306.T) shareholders on Tuesday defeated a proposal for the bank to align its business with global targets on climate change, dealing a win for the board over investors pushing for more action on the environment.

Goldman Sachs Group Inc (GS.N) and two former top executives were ordered by a U.S. judge on Monday to face a lawsuit accusing them of misleading shareholders about the bank’s work for 1MDB, a Malaysian fund that became embroiled in a corruption scandal.
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