New Development Bank (NDB), established by the BRICS group of emerging economies, said on Friday it would set up a regional office Read More
A rapid decline in the yen and market distortions caused by current monetary settings have raised the political heat on the Bank Read More
Citigroup (C.N) is overhauling the leadership of one of the teams linked to a 'flash crash' that sent European stock markets Read More
Global banks are taking steps to weather the wider impact of war and runaway inflation as the stream of central bank money Read More
Australia’s central bank drastically raises inflation forecasts, flags more rate hikes
Australia's central bank on Friday drastically revised up forecasts for inflation, foreshadowing how far interest rates might have to rise to bring Read More
Barclays (BARC.L) has put its $1.25 billion share buyback plan on hold until talks with U.S. regulators over a major trading Read More
Swedish banking group Swedbank (SWEDa.ST) on Thursday reported slightly better-than-expected net profit for the quarter but said a potential interruption of Read More
Egypt’s efforts to attract FDI suffers setback due to Russia-Ukraine conflict
When the UAE-based First Abu Dhabi Bank (FAB) withdrew its offer to buy the Egyptian investment bank EFG Hermes, it only indicated Read More
Morgan Stanley said on Monday it had revised down its economic growth forecasts for the euro area this year and the next, Read More
Loss-making Credit Suisse (CSGN.S) could shake up senior management as new Chairman Axel Lehmann seeks to put the embattled Swiss bank Read More










