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Swiss National Bank Records $15 Billion Loss in Second Quarter
15%

Swiss National Bank Records $15 Billion Loss in Second Quarter

The Swiss National Bank (SNBN.S) said on Monday it lost 13.
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Pete Sadler
Fed Survey Shows US Banks Reporting Tighter Credit, Weaker Loan Demand
Banking

Fed Survey Shows US Banks Reporting Tighter Credit, Weaker Loan Demand

U.S. banks reported tighter credit standards and weaker loan demand from
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Pete Sadler
RBA Holds Rates Steady as Inflation Eases, Leaves Room for Future Hikes
Banking

RBA Holds Rates Steady as Inflation Eases, Leaves Room for Future Hikes

The Reserve Bank of Australia held interest rates steady on Tuesday as
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Pete Sadler
Gold Rises as Top Central Banks Adopt More Cautious Approach
adopt

Gold Rises as Top Central Banks Adopt More Cautious Approach

Gold yesterday settled up by 0.5% at 60082 as top central
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Pete Sadler
Europe's Economy Bounces Back as Inflation Keeps Declining
back

Europe's Economy Bounces Back as Inflation Keeps Declining

The euro area economy is growing again, but may struggle to maintain
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Pete Sadler
Bank of Japan Increases Bond Purchases as 10-Year JGB Yields Reach 9-Year High
10-year

Bank of Japan Increases Bond Purchases as 10-Year JGB Yields Reach 9-Year High

Japan’s benchmark 10-year government bond yield surged to a nine-year high
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Pete Sadler
Minneapolis Fed Chief Kashkari Optimistic About US Economy Avoiding Recession Amid Continuing Inflation Fight
about

Minneapolis Fed Chief Kashkari Optimistic About US Economy Avoiding Recession Amid Continuing Inflation Fight

The odds of the U.S. avoiding a deep recession and achieving
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Pete Sadler
Richest Asian Banker Kotak Under Pressure to Choose Outsider Successor, Say Sources
asian

Richest Asian Banker Kotak Under Pressure to Choose Outsider Successor, Say Sources

India’s banking regulator is nudging Kotak Mahindra Bank Ltd. to select
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Pete Sadler
Barclays and Deutsche Bank Struggle to Deliver Results
and

Barclays and Deutsche Bank Struggle to Deliver Results

NatWest Group Plc got all the bad publicity last week after a
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Pete Sadler
Oldest Philippine Bank Aims for 50 Million Users in E-Wallet Competition
aims

Oldest Philippine Bank Aims for 50 Million Users in E-Wallet Competition

Bank of the Philippine Islands, Southeast Asia’s oldest lender, is targeting
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Pete Sadler
Major Gold Seller Among Central Banks Poised to Offload More
among

Major Gold Seller Among Central Banks Poised to Offload More

In a turnaround that’s already taken it from one of the
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Pete Sadler
Weak Second Quarter Makes SNB Payout to Switzerland Less Likely
Banking

Weak Second Quarter Makes SNB Payout to Switzerland Less Likely

A Swiss National Bank payout to the Swiss government and cantons for
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Pete Sadler
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