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UK Judge Rules: Banks to Encounter Class Action Over Forex Rigging
Banking

UK Judge Rules: Banks to Encounter Class Action Over Forex Rigging

Banks including JPMorgan Chase & Co, Barclays Plc and Citigroup Inc will…
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Pete Sadler
China Taps Pan Gongsheng as New Central Bank Governor to Boost Economic Recovery
Banking

China Taps Pan Gongsheng as New Central Bank Governor to Boost Economic Recovery

China named Pan Gongsheng as governor of the central bank, strengthening his…
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Pete Sadler
IMF's Preventive Measures Against Argentina's 116% Inflation Getting Worse
News

IMF's Preventive Measures Against Argentina's 116% Inflation Getting Worse

The International Monetary Fund is working with Argentina to help stop its…
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Pete Sadler
Uruguay Finance Chief Plans to Issue More Local Currency Bonds in 2023
News

Uruguay Finance Chief Plans to Issue More Local Currency Bonds in 2023

Uruguay plans to complete its $4.3 billion bond funding program this…
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Pete Sadler
China Growth Forecasts Slashed for Next Year Despite Expected Support
News

China Growth Forecasts Slashed for Next Year Despite Expected Support

China’s economic outlook is deteriorating into next year, with no clear…
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Pete Sadler
Bank Indonesia Holds Policy Rate Steady, Lowers RRR for Select Banks
Banking

Bank Indonesia Holds Policy Rate Steady, Lowers RRR for Select Banks

Bank Indonesia kept its key rate at a four-year high to shield…
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Pete Sadler
Swiss Bank Julius Baer to Cease Operations with Russian Clients - Letter Confirms
Banking

Swiss Bank Julius Baer to Cease Operations with Russian Clients - Letter Confirms

Swiss private bank Julius Baer (BAER.S) will end all business with…
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Pete Sadler
Banc of California and PacWest Announce Merger, to Raise $400 Million in Equity
Banking

Banc of California and PacWest Announce Merger, to Raise $400 Million in Equity

Banc of California (BANC.N) and PacWest Bancorp (PACW.O) will merge…
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Pete Sadler
CEO of Natwest Steps Down After Acknowledging 'Serious Error' in Farage Leak
Banking

CEO of Natwest Steps Down After Acknowledging 'Serious Error' in Farage Leak

NatWest (NWG.L) CEO Alison Rose on Wednesday stepped down with immediate…
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Pete Sadler
China State Banks Expected to Sell US Dollars to Support Yuan - Sources
Banking

China State Banks Expected to Sell US Dollars to Support Yuan - Sources

China’s major state-owned banks were seen selling U.S. dollars to…
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Pete Sadler
Bank of England Rates Expected to Reach 5.75% According to Reuters Poll
Banking

Bank of England Rates Expected to Reach 5.75% According to Reuters Poll

The Bank of England will raise its Bank Rate by a quarter-point…
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Pete Sadler
Treasury Yields Rise as Investors Assess Impending Interest Rate Decisions
News

Treasury Yields Rise as Investors Assess Impending Interest Rate Decisions

U.S. Treasury yields were higher Tuesday as investors awaited the Federal…
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Pete Sadler
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