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...
Russian economic collapse will be hard to avoid
People stand in line to use an ATM money machine in Saint Petersburg, Russia February 27, 2022. Register now for FREE unlimited access to Reuters.com...
Russia ramps up aid to banks, forex market after invasion of Ukraine
People walk past the Central Bank headquarters in Moscow, Russia February 11, 2019. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register Russian...
Euro zone banks plunge, erasing 2022 gains as Russia invades Ukraine
LONDON, Feb 24 (Reuters) – Shares in euro zone banks plunged on Thursday after Russian forces launched a full-scale invasion of Ukraine and European Union...