Claudia Buch, the European Central Bank supervisory chief, stated on Thursday that Euro zone banks are resilient. However, they need to prepare to handle geopolitical shocks…
Browsing: Banking
Japan’s core inflation reached 3.0% in February. An index stripping away fuel effects rose at the fastest pace in nearly a year, signaling broadening price pressure.…
Vietnam’s government announced that certain private banks can increase foreign ownership to 49% from 30%. This is allowed after they acquired struggling financial institutions as part…
Morgan Stanley plans to lay off approximately 2,000 employees this month. A person familiar with the matter told Reuters on Tuesday. The reduction of 2% to…
ANZ released a research note on Tuesday. In it, they raised their zero to 3-month gold price forecast to $3,100 per ounce and their 6-month forecast…
Economy Minister Ryosei Akazawa stated that the Japanese government will collaborate with the Bank of Japan (BOJ). Their goal is to achieve the 2% inflation target…
The European Central Bank (ECB) is expected to cut interest rates again on Thursday. This will likely be its last easy decision for a while. Trade…
Shares of most Indian financial companies, particularly non-bank and microfinance-focused lenders, surged on Wednesday after the central bank eased its capital requirements for micro loans and…
Shares of major Australian banks paused on Monday after a significant sell-off over the past eight sessions erased more than A$63 billion ($40 billion) from their…
HSBC’s headcount decreased by 3% last year as the new CEO focused on cost-cutting and implemented significant restructuring within the Asia-centric bank, according to its 2024…