financial crisis

Global bond sales to cross $10 trillion in 2022, S&P Global Ratings says

Global sovereign borrowing will reach $10.4 trillion in 2022, nearly a third above the average before the coronavirus pandemic, S&P…

4 years ago

Age before apps revolt galvanises Europe’s elderly savers

Aggravated by fiddly financial apps, retired urologist Carlos San Juan got more than he bargained for when he began a…

4 years ago

UBS books best annual profit since 2006, sets loftier goals

UBS (UBSG.S) on Tuesday reported its best annual profit since the global financial crisis, emboldening it to hike share buybacks and set…

4 years ago

Analysis: Baptism by fire awaits today’s rate-hike rookies

Today's central bankers have the unenviable task of weaning a pandemic-hit global economy off cheap money amid unprecedented sovereign debt…

4 years ago

Goldman profit hit by weaker trading, rising expenses; shares tumble

Shares in Goldman Sachs Group (GS.N) fell as much as 8% Tuesday after Wall Street's premier investment bank missed quarterly profit expectations,…

4 years ago

EXCLUSIVE BNP hires advisers to explore $15 bln Bank of the West sale – sources

BNP Paribas (BNPP.PA) is working with advisers to assess a sale of its U.S. arm Bank of the West as…

4 years ago

EXCLUSIVE White House to target bank mergers, financial data with competition order

WASHINGTON, July 9 (Reuters) - President Joe Biden's planned executive order to promote greater U.S. competition will target bank mergers…

4 years ago

U.S. consumer confidence at 16-month high; house price inflation heating up

U.S. consumer confidence jumped to its highest level in nearly 1-1/2 years in June as growing labor market optimism amid…

4 years ago

U.S. corporate junk-bond spread narrows, lowest since 2007

The yield spread between junk-rated corporate bonds and U.S. Treasuries tightened further late on Wednesday, falling to its lowest level…

4 years ago

Reshaping European economic integration in the post-Covid world

Most of the discussion on the economic policy response to the pandemic in Europe has centred on its ambition, tools,…

5 years ago