banking

Senegal and Morocco Celebrate Strengthened Bilateral Ties

Senegal's Prime Minister, Amadou Ba, lauds the enduring and strengthened ties with Morocco, hailing the Kingdom as a "privileged partner"…

2 years ago

OCBC Bank Launches New Net-Zero Aligned Loan for Corporates

To encourage the corporate sector to reach net zero targets well in time, the Singapore-based Oversea-Chinese Banking Corporation (OCBC) has…

3 years ago

Exclusive: Goldman Sachs to cut asset management investments that weighed on earnings

Goldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's…

3 years ago

Bank of Canada expected to push interest rates into restrictive territory

The Bank of Canada is widely expected to deliver yet another oversized interest rate hike next week, lifting its policy…

3 years ago

Analysis: Banks’ snubbing of junk-rated loan funds worsens financing logjam

A decision by banks to change how they invest spare capital is limiting their ability to extend loans to companies…

3 years ago

Bank of America posts drop in quarterly profit as dealmaking slumps

Bank of America Corp (BAC.N) posted a nearly 34% drop in second-quarter profit on Monday, hit by a slump in investment banking…

3 years ago

JPMorgan raises 2022 interest income outlook ahead of investor conference

JPMorgan Chase & Co (JPM.N) presented a more optimistic profit forecast on Monday as it opened an investor conference to relieve worries…

4 years ago

UniCredit considers quitting Russia as markets watch for sovereign debt payment

UniCredit (CRDI.MI) is urgently reviewing its Russian business and could decide on a costly exit of the country after its invasion of…

4 years ago

Deutsche Bank faces questions over plan to stay in Russia

Deutsche Bank (DBKGn.DE) faced criticism on Friday for its continued ties to Russia after saying that leaving would go against its values,…

4 years ago

Analysis: BOJ has little room to move as Ukraine clouds recovery, prices soar

The crisis in Ukraine is giving the Bank of Japan a headache not facing other major central banks, forcing it…

4 years ago