Long bets on yuan near six-month high; ringgit bears firm
Bullish bets on the Chinese yuan hit a near six-month high after a rally against the U.S. dollar, a Reuters poll showed on Thursday, while investors were long on most Asian currencies as nations ramped up their COVID-19 vaccination plans.
Dollar on tenterhooks as payrolls test looms
The U.S. dollar was wavering above major support levels on Thursday, as traders awaited a batch of U.S. economic data that could set the tone at central bank meetings later this month.
JPMorgan Chase on opening bank branches: 200 down, 200 to go
JPMorgan Chase & Co (JPM.N) is halfway through a campaign to open 400 new bank branches and is closing in on being the first U.S. bank to have a brick and mortar presence in every state except Alaska and Hawaii, a bank executive said on Wednesday.
EXCLUSIVE SoftBank tech fund in talks to invest in Dubai cloud kitchen Kitopi-sources
SoftBank Group Corp (9984.T) is in talks to invest in Dubai “cloud kitchen” Kitopi’s latest funding round through its second technology fund, sources familiar with the matter said.
Climate change risks will affect U.S. bank capital in long-run – official
U.S. regulators will “eventually” have to factor climate change risks into bank capital rules, but it is still too soon to say when that would become necessary, a top official told Reuters.
Germany may take part in Lufthansa capital increase – report
Germany is leaning towards participating in a planned 3 billion euro capital increase at Lufthansa (LHAG.DE) to limit a dilution of its 20% stake in the airline and ensure the refinancing measure is successful, Bloomberg reported on Wednesday.
StanChart unit to launch cryptocurrency trading platform
A Standard Chartered PLC (STAN.L) unit intends to establish a cryptocurrency brokerage and exchange platform in Britain and Europe, targeting institutional clients, the bank said on Wednesday.
Saudi Aramco in talks with banks for new bond sale – sources
Saudi Arabian oil group Aramco (2222.SE) is in talks with banks for a U.S. dollar-denominated bond issue, two sources said, seeking to raise money ahead of large commitments for its major shareholder, the Saudi government.
REUTERS EVENTS Bank of England’s Bailey unconvinced by carbon capital rules
Bank of England Governor Andrew Bailey said on Tuesday there was no case yet for making financial institutions set aside more capital for climate change risks, even though markets were underpricing the danger of disruption.
Only 13% of NatWest staff to return to office full-time
Britain’s NatWest (NWG.L) expects only about 13% of its staff to return to primarily office-based working, the lender said on Tuesday as it revealed a three-pronged approach to post-pandemic working habits.
