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The FT report comes only a week after Bank of France governor Francois Villeroy de Galhau said that he would step down in June this year European Central Bank (ECB) President…
Israeli prosecutors said Monday that they plan to charge a settler in the killing of a Palestinian activist during a confrontation that was caught on video, opening a rare prosecution of…
Financing can only take place when a firm ‘already holds control’ over the target company, says RBA A’s central bank will allow lenders to finance up to 75 per cent of the…
Deutsche Bank plans to add up to 50 relationship managers in its emerging markets private banking unit this year, said a senior executive, as the European lender seeks to bolster…
organ Chase, Goldman Sachs Group and Bank of America boosted their bonus pools for bankers and traders by at least 10 per cent, as the businesses benefited from a banner year in…
Bank of England chief economist Huw Pill said on Friday (Feb 6) that there was a risk that the central bank draws too much comfort from an expected fall in inflation in April, and…
The central bank has now cut rates by a total of 125 basis points since February 2025 The Reserve Bank of India (RBI) kept its key repo rate unchanged on Friday (Feb 6), as…
Australia’s central bank on Tuesday raised its cash rate by 25 basis points to 3.85 per cent, the first hike in two years, saying the economy was growing faster than expected and…
For the whole of 2025, bank lending up 5.8% at S$10.26 trillion, MAS data indicates Singapore’s bank lending in December 2025 charted the highest monthly increase since December 2024,…
Why does World Liberty Financial want a trust bank? Because the GENIUS Act passed last July subjected fintech to various options for regulatory oversight, of which the least burdensome is…
Malaysia’s central bank said strong growth and ongoing reforms would provide support for the ringgit, ruling out using the currency to support exports, which it said are…
The biggest profit since 2007 is a welcome milestone for the bank after a rocky decade Deutsche Bank on Thursday (Jan 29) posted its largest annual profit since 2007 after a…
A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could have on underlying inflation in deciding when to raise interest rates again,…
The firm has also hired a former head of insurance for Europe, the Middle East and Africa at HSBC in Paris Mizuho Financial Group has brought in Jon Connor, Thibaud de Maria and…
MILAN – The slowdown in fashion and luxury spending has yet to fully reverse its course, but textile companies sounded cautiously optimistic at the three-day trade show Milano Unica, which…
The Bank of Japan kept interest rates steady on Friday and raised its economic and inflation forecasts, signalling its readiness to continue hiking still-low borrowing costs. As…
Some bank executives have publicly said that they agree with Trump’s focus on affordability Bank of America and Citigroup are exploring options they could offer up as an olive…
Since admitting investors from its waitlist in November 2025, 10,000 customers have opened trading accounts Digital lender Trust Bank on Tuesday (Jan 20) launched its in-app trading…
Indonesia’s rupiah hit a record low against the dollar on Tuesday as investors fretted about the country’s central bank independence after President Prabowo Subianto nominated his nephew…
The country currently has 12 state-run banks and 21 large and mid-sized private banks India will need “at least eight to 10” large banks to support economic growth as consolidation gathers…
US President Donald Trump has previously said the bloc alliance is “anti-American” and he threatened to impose tariffs on its members [MUMBAI/NEW DELHI] India’s central bank has proposed…
He takes up the new role after having been the head of investor relations at the bank’s parent, OCBC The Bank of Singapore on Monday (Jan 19) announced that it has appointed Collins Chin…
JPMorgan CEO Jamie Dimon on Saturday (Jan 17) confirmed he was not asked to be Federal Reserve chair, hours after US President Donald Trump disputed a report saying he offered Dimon the…
Yen weakness and negative real rates risk fuelling inflation, leaving the BOJ behind the curve The upcoming Bank of Japan (BOJ) meeting offers scope for sharp movements in the yen as…
