ECB Starts Big Cash Mop-up As Banks Reimburse 296B Euros Of Loans
Eurozone banks are expected to repay almost 300 billion euros ($310 billion) in loans to the European Central Bank next week, the ECB said on Friday, and the largest cash ...
Advertisements
Tag: Banks
Banks Still Interested In Digital Assets And DeFi Amid Market Turbulence
Traditional financial institutions continue to demonstrate multiple use cases for digital asset support, together with DeFi capabilities, despite the current market conditions. The crypto industry is the Wild Wild West ...
Wall Street Bankers In Riyadh Update Warnings Over Global Economy
Top Wall Street bankers update their warnings about the world economy on Tuesday amid geopolitical tensions and sharp interest rate rises to curb decades-high inflation. Goldman Sachs CEO David Solomon ...
Goldman Plans Major Restructuring To Integrate Core Units – Source
Goldman Sachs (GS.N) is drafting plans for a major reorganization to combine its largest business into three divisions with its storied trading business and investment bank being merged into a ...
Citigroup Exceeds Profit Estimates As Rate Hikes Enhance Lending Business
Citigroup Inc (C.N) exceeded estimates for third-quarter profit on Friday as its lending business profited from a series of interest rate rises by the Federal Reserve and compensated for weakness ...
SWIFT Presented Blueprint For Central Bank Digital Currency Network
Financial messaging system SWIFT has set out its blueprint for a global central bank digital currency (CBDC) network after an 8-month experiment on different currencies and technologies. The trial, which ...
World Central Banks Intertwined In The Fed’s Slipstream
Summary Central banks compelled to follow Fed or face backlash UK, Japan, emerging countries step in to stop rout Prospects of coordination are low Investors hope for 'Fed pivot' The ...
Credit Suisse Warns Investors About Capital Hike
Credit Suisse is probing investors for fresh cash, two people with knowledge of the matter said, speaking to them for the fourth time in about seven years as it seeks ...
Top U.S. Bank CEOs Grilled By Congress On Consumer, Social Issues
The chief executives of JPMorgan, Wells Fargo, Citigroup, Bank of America, and other top U.S. retail banks will be questioned this week by lawmakers on a slew of issues, from ...
Several New Regulations Leave Turkish Banks Struggling To Lend
Summary Erdogan government pushing credit to preferred sectors Some banks are reduce loans as costs, risks mount Regulations meant to backstop rate-cutting policy Policy fueled lira crisis, inflationary spiral Several ...