India set to see billions in inflows as government bonds debut on JPMorgan’s debt index
India is set to see billions in inflows into the country’s rupee-denominated government debt market, as state bonds make their debut on JPMorgan’s emerging […]
Ten big banks settle US interest rate swaps rigging litigation
NEW YORK, June 27 (Reuters) – Ten large banks including Bank of America (BAC.N), opens new tab, Goldman Sachs (GS.N), opens new tab and JPMorgan […]
UBS shakes up flagship wealth business with new unit, memo says
ZURICH, June 27 (Reuters) – UBS (UBSG.S), opens new tab is shaking up its wealth-management arm, the bank’s flagship business, to boost its offerings […]
Jefferies Q2 profit beats estimates on dealmaking rebound
June 26 (Reuters) – Jefferies Financial (JEF.N), opens new tab on Wednesday beat analysts’ estimates for second-quarter profit as the bank earned higher fees […]
US banks suffer steeper losses, but retain large cushions in annual Fed health check
WASHINGTON, June 26 (Reuters) – The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal […]
Big US banks withstand Fed’s commercial real estate shock scenario
NEW YORK, June 26 (Reuters) – Big U.S. banks survived a hypothetical 40% drop in commercial real estate values as a part […]
EU banking watchdog calls out lenders for inflating capital buffers
LONDON, June 27 (Reuters) – Banks in the European Union may be inflating the value of their high risk debt used for […]
A common currency in the Sahel: behind the political logic, an economic risk
General Tiani, head of the Nigerien junta, announced on February 11, 2024 the launch of a reflection by the AES on leaving the […]
Wealthy nation creditor club sees tide shifting as debt defaults peter out
LONDON, June 26 (Reuters) – The debt crisis risk that has overshadowed the global economy for four years is beginning to recede, […]
UK financial watchdog to publish industry bullying, sexism update in autumn
LONDON, June 26 (Reuters) – Britain’s markets regulator will publish an update in autumn into how companies are detecting and dealing with […]
EU’s new Anti-Money Laundering Authority is now official, seeks chair
FRANKFURT, June 26 (Reuters) – The regulation that sets up the European Union’s new agency to combat money laundering went into force […]
US dollar advances after hawkish Fed comment, economic data
NEW YORK, June 25 (Reuters) – The U.S. dollar rose on Tuesday, bolstered by hawkish comments from Federal Reserve officials as well […]