Macroeconomic

Bank of Italy says it is ending COVID-related relief measures for banks

The Bank of Italy said on Tuesday it would remove a number of relief measures on banking requirements that had…

4 years ago

Explainer: Western sanctions on banks only scratch surface of Fortress Russia

The United States, the European Union and Britain announced new sanctions on Russia on Tuesday after Moscow's recognition of two…

4 years ago

Russia, China tone down G20 text on geopolitical tensions

Russia and China watered down a communique being drafted by heads of the Group of 20 major economies on Friday…

4 years ago

Bitcoin skids to six-month low as fears of Ukraine conflict shake markets

Bitcoin tumbled almost 9% on Monday to its lowest in six months as fears of a Russian attack on Ukraine…

4 years ago

Spain’s BBVA says Garanti deal priced in further lira depreciation

Spain's BBVA (BBVA.MC) on Wednesday reiterated its long-term commitment towards Turkey and said lira depreciation had been taken into account while structuring…

4 years ago

Investors turn bearish on global economy though positioning upbeat – BofA survey

Barely a tenth of respondents in a monthly fund manager survey expect a stronger global economy in the coming months,…

4 years ago

Ether sees record outflows in last week of June -CoinShares

Ether investment products and funds posted record outflows in the last week of June, bearing the brunt of negative sentiment…

4 years ago

Archegos fallout shows big banks need to be resilient, Swiss cenbank says

Losses from exposure to U.S.-based investment firm Archegos have demonstrated the need for "too big to fail" capital requirements to…

4 years ago