banking

Australia c.bank holds rates as economy charges ahead

Australia's central bank left its cash rate at record lows on Tuesday and reiterated its lower-for-longer policy stance even as…

4 years ago

Wall Street bank CEOs face fee criticism in second round with Congress

The heads of major U.S. retail banks faced renewed criticism Thursday from Democratic lawmakers who said financial institutions should not…

5 years ago

Reuters interview with ECB board member Schnabel

Reuters interview with Isabel Schnabel, a member of the European Central Bank’s Executive Board.

5 years ago

Swiss bank Julius Baer to pay $79.7 mln in FIFA corruption settlement

The Swiss bank Julius Baer (BAER.S)will pay $79.7 million in a settlement with the U.S. Department of Justice after being…

5 years ago

EXCLUSIVE China bars banks from selling commodities-linked products to retail buyers -sources

China's banking regulator has asked lenders to stop selling investment products linked to commodities futures to mom-and-pop buyers, three people…

5 years ago

HSBC exits loss-making U.S. retail banking as part of Asia pivot

HSBC (HSBA.L) announced it is withdrawing from U.S. mass market retail banking by selling some parts of the money-losing business…

5 years ago

Senator Warren attacks JPMorgan’s Dimon over ‘baloney’ overdraft fees

Progressive firebrand Senator Elizabeth Warren on Wednesday attacked JPMorgan Chase & Co (JPM.N) chief executive Jamie Dimon after the country's…

5 years ago

BoE’s Kashyap wants ‘forensic investigation’ of Archegos collapse

Financial regulators should undertake a detailed cross-border probe into how the collapse of U.S. investment fund Archegos cost mostly foreign…

5 years ago

EXCLUSIVE China bars banks from selling commodities-linked products to retail buyers -sources

China's banking regulator has asked lenders to stop selling investment products linked to commodities futures to mom-and-pop buyers, three people…

5 years ago

Wall Street bank CEOs to tout COVID relief push, diversity efforts before Congress

Wall Street bank chiefs will tout the role their institutions have played in getting the pandemic-hit U.S. economy back on…

5 years ago