Fitch Downgrade Raises Investor Concerns About US Fiscal Picture
Fitch’s downgrade of the U.S. credit rating is likely to…
Bank of Japan Deputy Governor Dismisses Possibility of Early Exit from Ultra-Easy Policy
The Bank of Japan’s decision last week to tweak its bond…
UBS Cuts Credit Suisse Investment Bank Staff, Shuts Houston Office, Says Source
UBS Group (UBSG.S) is laying off employees from Credit Suisse’s…
Insight: Some Small US Banks Not Ready for Emergency Borrowing from Fed
The lightning-fast collapse of Silicon Valley Bank this spring laid bare…
European Markets Set for Volatile Opening Prior to Bank of England Rate Decision
European markets are set to open choppy as investors continue to assess…
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…
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.…