UBS CEO warns of painful jobs choices after Credit score Suisse takeover
BERN, June 2 (Reuters) – UBS (UBSG.S) Chief Government Sergio Ermotti on Friday warned of painful choices about job cuts…
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JPMorgan president says mortgage demand declining, US financial slowdown weighs
NEW YORK, June 2 (Reuters) – JPMorgan Chase & Co’s (JPM.N) President and Chief Working Officer Daniel Pinto mentioned mortgage…
Banks shares acquire after US Congress averts historic debt default
June 2 (Reuters) – Shares of U.S. banks rose on Friday after the U.S. Senate on Thursday handed bipartisan laws…
Evaluation: Italy’s race for savers’ money might threaten financial institution earnings
Rome targets retail buyers as ECB curtails bond help To launch new BTP Valore bond for small savers subsequent week…
Euro zone lending takes one other hit from greater charges
FRANKFURT, Could 30 (Reuters) – Euro zone financial institution lending slowed once more in April, supporting the case for cautious…
Within the Market: Amid the calm, the Fed brews the subsequent storm
Might 29 (Reuters) – Having navigated the monetary disaster of 2008, Neel Kashkari worries about systemic dangers. However now, as…
Unique: Deutsche Financial institution used large trades to boost money in March turmoil
Deutsche sought money and bonds to spice up liquidity -sources Financial institution’s trades mentioned in common ECB exchanges -sources Deutsche…
Sanctions, strain on overseas banks destabilising Russia’s foreign-exchange market, central financial institution says
This content material was produced in Russia the place the legislation restricts protection of Russian navy operations in Ukraine MOSCOW,…
Traders have poured $756 billion into money funds this yr, Financial institution of America says
LONDON, Might 26 (Reuters) – Traders have poured $756 billion into money funds this yr, Financial institution of America stated…
U.S. Treasury debt announcement indicators to some June 1 just isn’t ‘X-date’
Might 25 (Reuters) – The U.S. Treasury on Thursday introduced a slate of T-bill auctions for early subsequent week that…