Sharp slowdown in growth of bank lending for euro zone and Germany forecast
FRANKFURT High interest rates will keep a lid on the pace of bank lending in Europe this year
2023-06-26 14:54
Thai rates still low, tightening to be gradual, says central bank official
BANGKOK Thailand's policy interest rate remains low and further tightening will be gradual to curb inflation risks as
2023-06-25 20:19
Why some central banks are rushing to hike rates now
Central bankers across the globe are delivering a message: Slow and steady won't win the race against inflation.
2023-06-25 17:26
Japan's SBI Holdings raises stakes in Shinsei Bank after tender offer
TOKYO Japanese online financial conglomerate SBI Holdings Inc said on Saturday it now has 53.74% shares of midsize
2023-06-24 11:47
Commerzbank to book further provision for mBank after court ruling
FRANKFURT Germany's Commerzbank said on Friday that it would book another provision of 342 million euros ($372.27 million)
2023-06-24 01:26
FDIC accidentally reveals details about Silicon Valley Bank's biggest customers
The Federal Deposit Insurance Corp. mistakenly revealed to Bloomberg News details on the biggest customers at Silicon Valley Bank, the failed bank whose depositors were rescued by through emergency action by regulators.
2023-06-24 01:19
Britain is facing a mortgage crisis. There are no easy answers
The UK government and the country's biggest banks met Friday in a bid to defuse a looming mortgage crisis that threatens hardship for millions and represents a huge political headache for Prime Minister Rishi Sunak.
2023-06-23 23:49
Bankman-Fried loses bid for documents from former FTX law firm
NEW YORK A U.S. judge on Friday denied Sam Bankman-Fried's push to get a law firm that advised
2023-06-23 23:27
FTX sues ex-Clinton aide's investment firm for $700 million
By Dietrich Knauth NEW YORK Bankrupt crypto exchange FTX on Thursday sued a former aide to Hilary Clinton
2023-06-23 06:20
Vice Media, once worth billions, set to be acquired out of bankruptcy by its creditors for $225 million
Vice Media, the once-high flying digital media company valued at billions of dollars, is set to be acquired out of bankruptcy by three investment companies, including Fortress Investment Group, for $225 million.
2023-06-23 00:29
Fortress Investment Group may acquire bankrupt Vice Media - NYT
A group of buyers including Fortress Investment Group is set to take over Vice Media after offering $225
2023-06-22 23:56
Overstock wins auction for some Bed Bath & Beyond assets
Online retailer Overstock.com has won the auction for some assets of Bed Bath & Beyond, including the bankrupt
2023-06-22 22:48