(Reuters) -The S&P 500 and the Dow rose on Friday to close at record highs, posting a third straight weekly rise partly on a lift…View More S&P 500, Dow climb for third day and close at records
Standard Bank Group Ltd. has raised the alarm around proposals to revive a faltering government-backed credit program designed to aid South African businesses battered by…View More South African Banks Say they Won't be Able to Write Off Loans as Grants
NEW DELHI (Reuters) – Indian authorities have blocked bank accounts of ByteDance in the country for alleged tax evasion and the company has asked a…View More Exclusive: India freezes bank accounts of China's ByteDance in tax case, company mounts challenge – sources
FRANKFURT (Reuters) -Deutsche Bank CEO Christian Sewing will hand over oversight of the investment and corporate bank to board member Fabrizio Campelli, the German bank…View More Deutsche Bank CEO gives up oversight of investment bank in revamp
FILE PHOTO: A woman walks past the European Central Bank (ECB) headquarter as the spread of the coronavirus disease (COVID-19) continues during an extended lockdown…View More Euro zone corporate lending growth slows as monthly flows dry up
LONDON (Reuters) – JPMorgan is deploying two of its most senior dealmakers in Europe, the Middle East and Africa to help a stream of blank…View More JPMorgan puts key dealmakers in charge of SPAC unit to lure EMEA clients – memo
The country’s largest banks may be set to embark on a round of acquisitions as they seek to diversify their sources of income away from…View More Nigeria’s Banks are Seeking a Boost and New Strategies for a Post-Covid World
(Reuters) – U.S. banks are struggling to understand how their residential mortgage portfolios will perform this year, because borrower-assistance programs during the pandemic have clouded…View More U.S. banks cast wary eye at mortgage borrowers as forbearance periods end
FILE PHOTO: People walk past a Citibank branch in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon/File PhotoWASHINGTON (Reuters) – U.S. bank profits were…View More U.S. bank profits recover from early 2020 turmoil, still down from year prior
FILE PHOTO: The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File PhotoFRANKFURT (Reuters) – Deutsche Bank forecasts trade…View More Deutsche Bank sees trade finance at pre-COVID levels by mid-2021
FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on the floor of the New York Stock Exchange, (NYSE) in New…View More Goldman Sachs profit nearly doubles on trading surge
NEW YORK (Reuters) – Global banks are preparing for the possibility that there will be no clear victor on the night of the U.S. presidential…View More Global banks ramp up preparations for U.S. election night chaos, sources say
LONDON (Reuters) – The Bank of England’s investigation into whether negative rates might help the British economy through its current downturn has found “encouraging” evidence,…View More BoE's Tenreyro says evidence on negative rates is 'encouraging'
LONDON (Reuters) – Europe could be facing a new sovereign-bank “doom loop” if a coronavirus crisis surge in government bond buying by banks in those…View More S&P Global warns of new European sovereign-bank 'doom loop'