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Swiss sight deposits fall, suggesting Credit score Suisse, UBS took much less emergency assist

admin2 years ago2 years ago04 mins

ZURICH, April 3 (Reuters) – Sight deposits held by the Swiss Nationwide Financial institution declined final week, knowledge confirmed on…

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Goldman, Morgan Stanley win dismissal of buyers’ Archegos lawsuits

admin2 years ago2 years ago04 mins

NEW YORK, March 31 (Reuters) – A U.S. decide on Friday dismissed seven lawsuits by buyers who accused Goldman Sachs…

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Asia infrastructure financial institution says it will not get distracted by geopolitics

admin2 years ago05 mins

BOAO, China, March 31 (Reuters) – The Asian Infrastructure Funding Financial institution (AIIB) will follow its mandate as an apolitical…

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International debt sees first annual drop since 2015 – IIF

admin2 years ago06 mins

LONDON, Feb 22 (Reuters) – The post-pandemic rebound in world development and inflation final yr meant the quantity of debt…

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UBS set to use for China mutual fund license – WSJ

admin2 years ago02 mins

Feb 23 (Reuters) – Switzerland’s largest financial institution UBS Group AG (UBSG.S) is seeking to apply for a mutual fund…

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Evaluation: Increase in European financial institution earnings hints at a rally with legs

admin2 years ago2 years ago07 mins

Financials earnings progress fee surges virtually 45% STOXX banks climbs to 5-year excessive UniCredit shares up a whopping 35% YTD…

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EU debates 11 bln euro value of commerce curbs in new Russia sanctions

admin2 years ago06 mins

EU chief says proposed new import/export bans value 11 bln euros 4 extra banks could also be excluded from SWIFT…

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Unique: G20 host India to suggest China, different collectors take haircuts on loans

admin2 years ago06 mins

NEW DELHI, Feb 15 (Reuters) – India is drafting a proposal for G20 nations to assist debtor nations badly hit…

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Binance stablecoin backer ordered to cease issuing token

admin2 years ago2 years ago05 mins

LONDON, Feb 13 (Reuters) – New York’s chief monetary regulator has ordered Paxos, the corporate behind the stablecoin of main…

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