ECB’s Kazaks backs market bets on cuts if data holds
DUBROVNIK, Croatia, June 14 (Reuters) – The European Central Bank can continue to lower interest rates broadly how the market expects if […]
3M to transfer about $2.5 bln of US pension obligations to Met Tower Life Insurance
June 13 (Reuters) – 3M (MMM.N), opens new tab said on Thursday it would transfer about $2.5 billion of its U.S. pension payment obligations […]
Saudi Arabia’s petro-dollar exit: A global finance paradigm shift
Originally signed on 8 June 1974, the deal established two joint commissions, one based on economic cooperation and the other on Saudi […]
Edmond de Rothschild to open Saudi office and launch debt platform
DUBAI, June 13 (Reuters) – Edmond de Rothschild Group, a specialist in asset management and private banking, is set to open an […]
Exclusive: Capital Group shakes up strategy to hit $4 trillion by 2031
LONDON, June 12 (Reuters) – Capital Group aims to grow its fixed income business, accelerate overseas expansion and diversify away from its […]
Santander’s Botin bets on tech revamp starting with US consumer banking
LONDON, June 12 (Reuters) – Spain’s Santander (SAN.MC), opens new tab plans to make the United States the launch pad for a revamped platform […]
Rouble swings to opaque trading territory after new US sanctions
MOSCOW, June 13 (Reuters) – New U.S. sanctions that forced Russia’s leading exchange to halt dollar and euro trading led to a […]
Ex-UK trader sues Deutsche Bank for $3.3 mln over unpaid bonus
LONDON, June 11 (Reuters) – A former Deutsche Bank trader is suing the bank in a London court for just over 2.6 […]
Saudi Arabia Set to Raise Over $11.2 Billion From Aramco Stock Sale
Saudi Arabia is poised to raise more than $11.2 billion from the sale of shares in its crown jewel, oil giant Aramco, […]
ECB should wait with next rate move until uncertainty recedes, Lane says
DUBLIN, June 11 (Reuters) – The European Central Bank should persist in restraining economic growth given the ample inflationary pressures and wait […]
Britain’s payments industry calls for delay and cut in scam compensation rules
LONDON, June 10 (Reuters) – Britain’s payments sector on Monday called on its regulator to roll back and delay by a year […]
HSBC adds over 300 to China headcount after Citi wealth acquisition
HONG KONG, June 11 (Reuters) – HSBC (HSBA.L), opens new tab said on Tuesday it had boosted its headcount in China by more than […]