banks

Bulgaria’s Path to Strengthening the Economy and Embracing Sustainability

Bulgaria is on the cusp of a historic transformation as it strides towards adopting the euro and joining the Eurozone.…

2 years ago

Bank of England tells banks to take climate action now or face profit hit

Banks and insurers that fail to manage climate risks as a "first-order" issue could face a 10% to 15% hit…

4 years ago

Analysis: Biden’s regulatory agenda to take shape in 2022

Next year will be a turning point for U.S. financial policy as Democratic President Joe Biden's new regulators ready a…

4 years ago

Wage dispute deepens at German public banks as inflation fears persist

A labour dispute at Germany's public-sector banks deepened on Wednesday after a third round of talks failed to reach agreement,…

4 years ago

Australia, Malaysia, Singapore and South Africa launch cenbank digital currency scheme

Central banks in Australia, Singapore, Malaysia and South Africa will conduct a cross border payments trial using different central bank…

4 years ago

Singapore’s DBS bets on post-pandemic recovery, profit up on lower credit costs

Singapore's DBS Group Holdings (DBSM.SI) flagged strong loan growth and lower credit costs ahead after a rebound in its mainstay…

4 years ago

Santander profit beats forecasts on strong UK, U.S. performance

Spain's Santander (SAN.MC) beat forecasts with a 35% jump in second-quarter underlying profit on the back of lower loan loss…

4 years ago

Big banks seek to curb “speculative” planned UK forex class action

A proposed multi-billion pound claim against powerful banks over alleged foreign exchange (forex) rigging is too weak and speculative to…

4 years ago

BOJ aimed to work with govt in regional bank scheme, minutes show

The Bank of Japan's scheme to incentivise consolidation among regional banks was meant to show it was working alongside the…

4 years ago

Nasdaq hits record high as growth stocks rise; inflation data weighs

The Nasdaq index reversed early declines to hit a record high on Tuesday, helped by a rise in growth-linked megacap…

4 years ago