FILE PHOTO: The logo of Mexico’s Central Bank (Banco de Mexico) is seen at its building in downtown Mexico City, Mexico February 28, 2019. Picture…
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Trump pick for Latam bank poised for win after regional opposition fades
BUENOS AIRES/WASHINGTON (Reuters) – U.S. President Donald Trump’s pick to run Latin America’s main financing institution appears poised to win the top job in this…
View More Trump pick for Latam bank poised for win after regional opposition fades
Bank scam victims are left out of pocket as firms don't pay refunds
It’s a lottery: Victims of bank scams are being left thousands of pounds out of pocket as firms try to wriggle out of paying refunds,…
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RBS hires top climate expert as it says goodbye to historic name
LONDON (Reuters) – Royal Bank of Scotland (RBS.L) has hired climate change expert Nicholas Stern to help shape its sustainability strategy as the state-backed lender…
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China plans to grant investment banking licenses to lenders: Caixin
SHANGHAI (Reuters) – China’s securities regulator plans to grant investment banking licenses to commercial lenders as part of efforts to breed industry behemoths in the…
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Alpha Bank in talks with Cerberus, PIMCO to sell $11 billion of bad loans: sources
LONDON/ATHENS (Reuters) – Greece’s Alpha Bank (ACBr.AT) is in talks with at least five U.S. investment firms including Cerberus and PIMCO in a fresh attempt…
View More Alpha Bank in talks with Cerberus, PIMCO to sell $11 billion of bad loans: sources
HK residents rush for offshore bank accounts on China law worries: sources
HONG KONG (Reuters) – Banks including HSBC, Standard Chartered and Citigroup have seen a spike in enquiries from Hong Kong residents about opening offshore accounts…
View More HK residents rush for offshore bank accounts on China law worries: sources
U.S. bankruptcies fall in April, but commercial Chapter 11 filings rise
WASHINGTON (Reuters) – Overall U.S. bankruptcy filings fell in April compared to the year before, a possible sign the massive Federal Reserve and government response…
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Deutsche Bank gets new Asia head and board member with CEO advisor
FRANKFURT (Reuters) – A key adviser to Deutsche Bank (DBKGn.DE) Chief Executive Christian Sewing will join the management board and assume the helm of the…
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Deutsche Bank investor files new motion to oust chair at shareholder meeting
FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) investor Riebeck-Brauerei on Friday filed a motion seeking a vote to oust the lender’s chairman Paul Achleitner at this…
View More Deutsche Bank investor files new motion to oust chair at shareholder meeting
G20 eyes debt moratorium worth up to $14 billion for poor countries: official
BERLIN (Reuters) – Financial leaders of the 20 largest economies (G20) are discussing an immediate debt moratorium worth up to $14 billion to help poor…
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Bank of America capital levels allow operational focus during crisis: CEO
(Reuters) – Bank of America Corp (BAC.N) is better positioned to focus on operations rather than financial risk during the coronavirus outbreak, thanks to regulatory…
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Bank of America boosts hiring, worker pay amid coronavirus outbreak
(Reuters) – Bank of America Corp’s (BAC.N) consumer division has hired 1,700 people in critical support roles so far this month, a spokesman said on…
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New £20 plastic bank notes enter circulation for first time
The new £20 banknote featuring artist JMW Turner will appear in ATMs and tills from tomorrow and has been hailed as the ‘most secure banknote…
View More New £20 plastic bank notes enter circulation for first time