
U.S. bank regulators unveil proposal to hike bank capital
WASHINGTON U.S. bank regulators released a proposal Thursday that would direct the nation's largest banks to raise their
1970-01-01 08:00

Bank of America CEO flags effects of higher capital requirements
By Jonathan Stempel and Tatiana Bautzer NEW YORK Bank of America CEO Brian Moynihan said U.S. authorities need
1970-01-01 08:00

European Central Bank hikes rates to highest level since 2000
The European Central Bank raised interest rates by a quarter of a percentage point Thursday, judging that inflation remains too high even as data points to a deepening economic downturn in the 20 countries that use the euro.
1970-01-01 08:00

Michigan Democratic governor signs ban on 'conversion therapy' for minors
Michigan Gov. Gretchen Whitmer has signed two bills banning so-called conversion therapy, a scientifically discredited practice intended to change a person's sexual orientation, for minors in the state, the governor's office announced Wednesday.
1970-01-01 08:00

Mediobanca to launch new $223 million buyback after record year
MILAN Italy's Mediobanca said on Thursday it would buy back its own shares for around 200 million euros
1970-01-01 08:00

China to boost credit support to consumer sector - regulator
BEIJING China will guide banks to boost credit in the consumer service industry, its financial regulator said on
1970-01-01 08:00

Pakistan seen hiking rates again on IMF guidance, analysts say
By Ariba Shahid KARACHI Pakistan's central bank will likely raise its key interest rate again on Monday to
1970-01-01 08:00

Santander plans to hire about 150 bankers to grow investment banking -sources
By Andres Gonzalez and Jesús Aguado LONDON/MADRID (Reuters) -Spain's Santander is planning to hire around 150 bankers primarily in the
1970-01-01 08:00

Banks tread tricky tightrope with politically exposed clients
By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) -The war of words between NatWest and erstwhile customer Nigel
1970-01-01 08:00

US regulators to unveil plan for banks to build cash reserves
By Pete Schroeder WASHINGTON U.S. regulators are set to propose a rule that could significantly raise capital requirements
1970-01-01 08:00

Bank of Korea tweaks lending facility to boost liquidity
SEOUL South Korea's central bank said on Thursday its monetary policy board decided to reform its standing lending
1970-01-01 08:00

Semiconductors: Can India become a global chip powerhouse?
India has ambitious plans for semiconductor manufacturing, but there are challenges along the way.
1970-01-01 08:00