French Bank Receives Court Adviser's Backing in Lawsuit Over Dividend Tax Rule
French banks’ efforts to challenge guidance by the country’s tax authorities…
Banking
Bank of Italy Indicates Decrease in Risks to Financial Stability
Risks to financial stability in Italy remain significant but have decreased thanks…
JPMorgan Warns of Risk in Unsecured Loans to Chinese Developers
Any step by China to allow banks to provide unsecured loans to…
Insights from Bank of America: 5 Key Indicators for an Approaching Recession
So far, the US economy has staved off a recession, but Wall…
South Africa's Proposed Stringent Regulations Following Rand-Rigging Probe
South Africa plans to tighten up its regulation of financial markets, after…
HSBC Issues Apology After Digital Banking Glitch Locks Out Thousands of UK Customers
Thousands of HSBC (HSBA.L) customers in Britain on Friday reported they…
Barclays Eyes 2,000 Job Cuts in $1.25 Billion Cost-Cutting Strategy: Report
Barclays is working on its cost-saving plans of 1 billion pounds ($1.…
Despite $40 Billion Inflow, Bank of America Highlights Caution in Stock Market
As the holiday and Santa Rally season draws near, one Wall Street…
Bank of Japan Adopts Subtle Shift in Strategic Approach
Efforts have been under way in Japan in recent years to switch…
Chinese Shadow Bank Reveals Enormous Debt, Unable to Fulfill Obligations
A major wealth management company in China has told investors it can’…
Quarterly Profit of Top 10 UAE Banks Up by 5.6% Due to Reduced Impairment Charges
The aggregate net profit of the UAE’s 10 largest banks increased…
Kazakhstan Central Bank Slashes Base Rate to 15.75% in Response to Inflation Trends
Kazakhstan’s central bank has announced a reduction in its base rate…