Wall Street banks worry about economic storms ahead
Images and market data is displayed on digital display signs on the exterior of the headquarters of Morgan Stanley at 1585 Broadway in New York’s...
Sri Lanka hikes rates in face of record inflation, despite economic contraction
People walk past the main entrance of the Sri Lanka’s Central Bank in Colombo, Sri Lanka March 24, 2017. REUTERS/Dinuka Liyanawatte Register now for FREE...
Ex-JPMorgan traders ‘ripped off’ metals market, prosecutor says at trial
July 8 (Reuters) – Three former JPMorgan Chase & Co (JPM.N) employees worked together to scam other traders in the precious metals futures market, a...
Central banks double down in fight against ‘galloping’ inflation
LONDON, June 9 (Reuters) – Major central banks are racing to ditch post-pandemic stimulus and picking up the pace of interest rate hikes to get...
Russian central bank slashes key rate, sees room to cut further
A Russian state flag flies over the Central Bank headquarters in Moscow, Russia March 29, 2021. REUTERS/Maxim Shemetov/File Photo Register now for FREE unlimited access...
Analysis: Banks face reversal of fortune from war and runaway inflation
New era of rising rates renews focus on lending risks Policymakers run recession gauntlet to curb inflation War, geopolitics threaten long-lasting economic pain LONDON/BERLIN, May...
Russia’s Sberbank, Alfa Bank say new U.S. sanctions won’t have significant impact
Sberbank logo and Russian flag are seen through broken glass in this illustration taken March 1, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access...
China’s largest banks signal tough times ahead
A security guard wearing a mask following the coronavirus disease (COVID-19) outbreak is seen near the Bank of China in Beijing, China, October 19, 2020....
Goldman, JPMorgan unwind Russia business, EU banks disclose more exposures
Credit Suisse, Deutsche Bank detail Russia exposure Financial firms scramble to distance themselves from Russia BNP Paribas cuts Russia workforce off from systems LONDON/NEW YORK,...
Global banks eschew risk as they navigate Russia sanctions quagmire
WASHINGTON/HONG KONG, March 2 (Reuters) – Faced with an unprecedented level of sanctions on Russia, global banks are taking a dim view of business with...