Risky Bonds Decimated By Credit Suisse Implosion Are Booming Again
A day that started with a blunt call to investors ended with incredulous fund managers at Algebris Investments
2023-11-29 13:51
Nomura Eyes Extra $100 Million Cost Cuts in Wholesale Banking
Nomura Holdings Inc. is aiming for an additional $100 million in cost reductions in its wholesale banking division,
2023-11-29 10:47
Chinese-Style Quantitative Easing Emerges as Property Fix Option
China’s deepening property rout is pushing the nation’s central bank toward a style of policy it has long
2023-11-29 07:16
Bank of America to Pay $12 Million Over Reporting of False Mortgage Data
Bank of America Corp. agreed to pay $12 million in fines for submitting false mortgage-lending information to the
2023-11-29 03:15
Fraudulent Pandemic Loans Cost UK £1.4 Billion and Counting
The UK has paid £1.41 billion ($1.8 billion) to lenders that issued small business loans during the Covid-19
2023-11-29 00:45
Goldman CEO Says Proposed Bank Rules Could Impact Airfares, Pensions
Goldman Sachs Group Inc. Chief Executive Officer David Solomon argued recent proposals by regulators to force banks to
2023-11-28 19:48
UBS Chair Sees Challenging 2024 After `Easy' Cuts Done
Next year will be one of the most difficult in the process of absorbing Credit Suisse into UBS
2023-11-28 18:57
PBOC Chief Warns of ‘Long and Difficult’ Economic Transformation
China’s central bank governor stressed tolerance for slowing growth in the short term as the world’s second-largest economy
2023-11-28 14:15
Global Central Bankers Warn of Uncertainty Amid Rate Debate
Central bankers from Australia, England and Thailand warned that the monetary policy outlook remains uncertain, despite growing global
2023-11-28 12:24
Singapore Central Banker Sees Private Cryptocurrencies Failing
Private cryptocurrencies that failed the fundamental tests of financial services will eventually exit the monetary scene, according to
2023-11-28 12:20
China’s Central Bank Signals Slower Credit Growth, Lower Rates
China’s central bank foreshadowed a slowdown in credit extension while pledging it would press banks to lower their
2023-11-28 11:52
HSBC Hires UBS’s Anand for Role Serving India’s Rich Diaspora
HSBC Holdings Plc hired a senior private banking executive from UBS Group AG where he ran a team
2023-11-28 10:46