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China tightens scrutiny on $9.3 trillion fund industry

China's top securities regulator pledged on Monday to crack down on mismanaged private funds and weed out fake ones, as…

4 years ago

Euro zone banks see small tightening of credit standards in Q3

Euro zone banks expect corporate loan demand to surge in the third quarter and see just a moderate tightening of…

4 years ago

Australia’s Afterpay to launch banking app in October

Afterpay Ltd (APT.AX) will launch its banking app in October to widen its offerings beyond buy now, pay later (BNPL)…

4 years ago

Empathy bootcamp? UK banks seek payback on $105 bln COVID loans

As payback time approaches for more than 75 billion pounds ($104 billion) of emergency state-backed loans, Britain's banks must tread…

4 years ago

Pandemic boom drives UK house prices up by most since 2004

British house prices jumped by the most in more than 16 years this month, soaring by 13.4% from June 2020,…

4 years ago

Deutsche Bank taps Oracle to simplify its IT, cut costs

Deutsche Bank (DBKGn.DE) has tapped software firm Oracle (ORCL.N) to simplify its information technology systems, enabling Germany's top lender to…

4 years ago

UBS hires Morgan Stanley bankers to lead U.S. outsourced trading drive

UBS (UBSG.S) has hired two bankers from Morgan Stanley (MS.N) to help build its trading services for hedge funds and…

4 years ago

Canadian regulator lifts banks’ capital buffer to record, priming for post-pandemic world

Canada's financial regulator raised the amount of capital the country's biggest lenders must hold to guard against risks to a…

4 years ago

Explainer: How will EU ban on 10 banks from bond sales impact markets and banks?

LONDON, June 17 (Reuters) - Ten banks have been excluded over past breaches of antitrust rules from European Union syndicated…

4 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