financial system

UK Banks Show Resilience Amid Rising Interest Rates, Offering Support to Struggling Households

The Bank of England's recent assessment provides reassurance that major UK banks are well-positioned to support struggling households amid rising…

2 years ago

SEBI Aims to Streamline Grievance Redressal for Investors in India’s Financial Markets

SEBI, the guardian of India's financial markets, is taking bold steps to empower investors and ensure their grievances are swiftly…

2 years ago

Kuwait’s Money Supply Shows Modest Increase, Reflecting Stable Economic Outlook

Kuwait's Central Bank has reported a modest increase in the country's money supply, highlighting stable economic conditions and positive trends…

2 years ago

Singapore’s Central Bank Penalize Major Financial Institutions for Anti-Money Laundering Breaches

Singapore's central bank, the Monetary Authority of Singapore (MAS), has imposed fines totaling S$3.8 million on leading financial institutions Citibank,…

2 years ago

Adani’s market losses top $100 bln as shelved share sale spooks investors

India's Adani group shares sank on Thursday after it abandoned its flagship company's $2.5 billion stock offering, swelling the conglomerate's…

3 years ago

ECB to slow rate hikes and lay out plans to drain cash

The European Central Bank is set to raise interest rates for the fourth time in a row on Thursday, although…

3 years ago

UK banks start cutting ‘Truss premium’ from mortgage rates, but slowly

Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are now cutting home loan…

3 years ago

Credit Suisse pays down debt to calm investors

Credit Suisse will buy back up to 3 billion Swiss francs ($3 billion) of debt, an attempt by the Swiss bank…

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

Analysis: Market meltdown lays bare Europe’s divisions

A markets sell-off has brought back memories of the euro zone debt crisis more than a decade ago, highlighting divisions…

3 years ago