US Debt Downgraded by Fitch; Goldman Sachs Plays Down Significance
Fitch slashed the US’s credit rating on Tuesday, but Goldman Sachs…
Egypt's Currency Squeeze Pushes Bank Foreign Buffers to a New Low
Net foreign assets held by Egypt’s commercial banks went into a…
Bank of England Evaluates Possibility of Slower UK Rate Hikes
The Bank of England is likely to boost interest rates again on…
BOJ Intervenes for the Second Time This Week to Curb Yield Spike
The Bank of Japan came into the market for the second time…
Australia's Trade Surplus Surpasses Estimates as Imports Decline
Australia’s monthly trade surplus widened in June as iron-ore shipments gained…
Turkish Inflation Expected to Accelerate Following Tax Hikes
After eight months of deceleration, Turkish inflation probably ticked back up in…
MUFG to Purchase $936 Million Stake in U.S. Bancorp Post Unit Sale
Mitsubishi UFJ Financial Group Inc. will buy a stake in U.S.…
Egypt Explores Solutions Beyond Rate Hike to Tackle Record Inflation
Not even record inflation looks likely to spur Egypt’s first interest-rate…
South Korea's Inflation Reaches 25-Month Low
South Korea’s consumer price growth slowed for the sixth straight month…
HSBC's Income Doubles as Rising Rates Boost Performance; Announces $2 Billion Share Buyback
HSBC Holdings (HSBA.L) raised its key profitability target and announced a…
National Bank Expands Tech Book by Acquiring SVB's Canadian Portfolio
National Bank of Canada’s deal for Silicon Valley Bank’s Canadian…
Mike Cagney's Blockchain Startup, Figure, Withdraws Bank-Charter Application
Figure Technologies Inc., a blockchain startup founded by former SoFi Technologies Inc.…