Russians moved extra FX holdings to international banks in 2022 -central financial institution
This content material was produced in Russia the place the legislation restricts protection of Russian navy operations in Ukraine MOSCOW,…
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Morning Bid: Glass half full on disinflation
A take a look at the day forward in U.S. and international markets from Mike Dolan Inventory markets appear decided…
World Financial institution chief raises 2023 international progress outlook barely, eyes debt progress
WASHINGTON, April 10 (Reuters) – World Financial institution Group President David Malpass mentioned on Monday that the lender has revised…
World cash market funds witness inflows for sixth straight week
April 10 (Reuters) – World cash market funds continued to draw robust inflows in cautious commerce within the week ended…
Japan’s three megabanks to face votes on local weather change
TOKYO, April 10 (Reuters) – A coalition of local weather teams are stepping up strain on Japan’s high three banks…
Austrian banks unaffected by banking turmoil, finance minister tells Neue Zuercher Zeitung
ZURICH, April 8 (Reuters) – Austria’s authorities is monitoring the worldwide banking turmoil though there are to this point no…
Swiss finance minister sees no ‘obstacles’ to UBS takeover of Credit score Suisse
ZURICH, April 8 (Reuters) – UBS’s (UBSG.S) multi-billion state-sponsored takeover of Credit score Suisse (CSGN.S) ought to proceed easily with…
Financial institution deposits edge up after report outflows, Fed information reveals
April 7 (Reuters) – Deposits at U.S. business banks rose close to the tip of March for the primary time…
IMF’s Georgieva sees world development under 3% in 2023, sturdy restoration ‘elusive’
WASHINGTON, April 6 (Reuters) – The Worldwide Financial Fund expects world financial development to dip under 3% in 2023 and…
UBS CEO tells Credit score Suisse workers to remain centered on shoppers and the enterprise
ZURICH, April 6 (Reuters) – UBS (UBSG.S) Chief Govt Sergio Ermotti has advised Credit score Suisse (CSGN.S) workers it’s “essential”…