European Banks Show Improved Results in Pivotal Stress Test for Payouts
Most European banks emerged stronger from a stress test on how they…
Banking
Barclays Warns of Profit Squeeze as Customers React to Market Changes
Barclays (BARC.L) warned of growing pressure on its UK business as…
Bank of America CEO Raises Concerns about Impact of Higher Capital Requirements
Bank of America CEO Brian Moynihan said U.S. authorities need to…
Denmark Raises Key Interest Rate by 25 Basis Points in Line with ECB Decision
Denmark’s central bank mirrored its European counterpart and added 25 basis…
Central Bank of Myanmar Takes Steps to Stabilize Currency and Tackle Inflation
Myanmar aims to stabilize its currency to control price pressures, the central…
BNP Becomes the Latest Bank to Pay Fine in Extensive US Messaging Probe
BNP Paribas SA is set to become the latest bank to pay…
US Bank Regulators Present Comprehensive Plan to Revamp Capital Requirements
US regulators unveiled plans to impose even tighter capital rules on big…
Bank of England's Inflation Fight Raises Worries Among Treasury Advisers
Advisers to Chancellor of the Exchequer Jeremy Hunt are increasingly concerned that…
China Requests Banks to Fund Tech Sector in Effort to Boost Private Industry
China’s central bank called on the financial sector to help fund…
ECB's Decision to Scrap Interest on Reserves Deals $6 Billion Blow to Banks
The European Central Bank will stop paying banks for the money they…
Emirates NBD Surpasses Expectations with Profit Surge Driven by Margins and Deposits
Emirates NBD PJSC’s net income for the second quarter beat estimates…
European Central Bank Raises Interest Rates to Highest Level in 22 Years
Eurozone interest rates have climbed to the highest level for 22 years…