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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…
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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…
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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-…
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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
IMF Raises Projections, But Warns Global Economy Still Faces Challenges
News

IMF Raises Projections, But Warns Global Economy Still Faces Challenges

The risk of a crash landing for the global economy has receded,…
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Pete Sadler
UK Government Confronts £150bn Bill to Cover Bank of England's QE Losses
Banking

UK Government Confronts £150bn Bill to Cover Bank of England's QE Losses

The Bank of England has estimated it will require the Treasury to…
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Pete Sadler
Turkey Implements New Lending Rules to Curb Credit Boom
News

Turkey Implements New Lending Rules to Curb Credit Boom

Turkey’s central bank has rolled out new measures to curb credit-…
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Pete Sadler
Australia's CPI Inflation Eases in Q2, Strengthening RBA's Pause Speculations
News

Australia's CPI Inflation Eases in Q2, Strengthening RBA's Pause Speculations

Australian consumer price index inflation grew less than expected in the second…
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Pete Sadler
Ghanaian Central Bank Urges Stricter Fiscal Measures amid Latest Interest Rate Hike
Banking

Ghanaian Central Bank Urges Stricter Fiscal Measures amid Latest Interest Rate Hike

Ghana’s central bank called on Monday for tighter fiscal policy to…
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Pete Sadler
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