UBS and Credit score Suisse shares drop as Swiss prosecutor investigates takeover
LONDON, April 3 (Reuters) – Credit score Suisse (CSGN.S) and UBS (UBSG.S) shares fell on Monday after Switzerland’s federal prosecutor…
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World central banks sustain inflation struggle in March
LONDON, April 3 (Reuters) – The tempo of rate of interest hikes by main developed and rising market central banks…
Hedge funds retrench after getting pummeled throughout wild March
LONDON/NEW YORK/HONG KONG, March 31 (Reuters) – March’s market turmoil has compelled many macro and trend-following hedge funds to chop…
Asia infrastructure financial institution says it will not get distracted by geopolitics
BOAO, China, March 31 (Reuters) – The Asian Infrastructure Funding Financial institution (AIIB) will follow its mandate as an apolitical…
ECB nonetheless has a ‘little approach’ to go on charges – Villeroy
PARIS, March 31 (Reuters) – The European Central Financial institution nonetheless has a “little approach” to go along with rate…
EU to ease means of winding down medium-sized banks – Bloomberg Information
March 31 (Reuters) – The European Union intends to make it simpler to wind down medium-size banks that fail by…
Credit score Suisse withdraws sure proposals to AGM following UBS merger
March 29 (Reuters) – Credit score Suisse Group AG (CSGN.S) stated on Wednesday it has withdrawn sure proposals to the…
Britain not behind different central banks in digital forex plans, says BoE
LONDON, Feb 28 (Reuters) – Britain isn’t lagging different central banks in issuing a digital model of its forex for…
BNP Paribas goals to lift age restrict for chairman -filing
Financial institution seeks to extend non-exec chair age restrict to 75 years Would then ask shareholders to allow a further…
Italy’s Treasury sees AXA stake sale as option to simplify MPS governance – supply
MILAN, Feb 28 (Reuters) – Italy’s Treasury doesn’t regard negatively a choice by French insurer AXA (AXAF.PA) to promote its…