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New Zealand Shocks With Big Rate Rise as Some Central Banks Pause
Business

New Zealand Shocks With Big Rate Rise as Some Central Banks Pause

The Reserve Bank of New Zealand said its half-percentage-point increase was necessary to curb stubbornly high inflation. Source link

European banks default-risk indicator jumps, AT1 bonds fall By Reuters
Finances

Exclusive-Europe’s banks ramp up bespoke loan trades to reduce risk By Reuters

2/2 © Reuters. FILE PHOTO: A view of the European Central Bank (ECB) headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker/File Photo 2/2 By

Freeport-McMoRan (FCX) Declares $0.08 Dividend
Stock Market

Stephens & Co. Initiates Coverage of United Community Banks (UCBI) with Overweight Recommendation

On April 4, 2023, Stephens & Co. initiated coverage of United Community Banks with a Overweight recommendation. Analyst Price Forecast Suggests 30.14% Upside As of

After Credit Suisse, Chinese Banks Aren’t a Great Safe Harbor
Finances

After Credit Suisse, Chinese Banks Aren’t a Great Safe Harbor

Markets Heard on the Street Shares of Chinese lenders are cheap for good reason Source link

Bank of America to redeploy wealth management, banking employees
Finances

Banks brave junk debt jitters with $3.8 billion Citrix bond sale By Reuters

© Reuters. FILE PHOTO: Citrix Systems logo is seen on smartphone placed on U.S. Dollars in this illustration taken, January 31, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

For Banks, Does More Debt Mean Fewer Problems?
Business

For Banks, Does More Debt Mean Fewer Problems?

While new requirements might be expensive for regional banks, they may help mitigate deposit-flight risk. Source link

For Banks, Does More Debt Mean Fewer Problems?
Finances

For Banks, Does More Debt Mean Fewer Problems?

While new requirements might be expensive for regional banks, they may help mitigate deposit-flight risk. Source link

And let there be calm By Reuters
Finances

Analysis-Outlook for European banks left clouded as storm abates By Reuters

2/2 © Reuters. FILE PHOTO: European flags flutter outside the European Central Bank (ECB) headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker/File Photo 2/2

Major banks rebuff FX price fixing claims
Finances

Major banks rebuff FX price fixing claims

Some of the world’s biggest banks have managed to secure win in a lawsuit accusing them of an alleged conspiracy among banks to fix prices

Rivian to relocate staff to Illinois EV plant to accelerate production
Finances

Japan regional banks can weather foreign bond losses

© Reuters. FILE PHOTO: Women walk under a sign of Japan’s Financial Services Agency in Tokyo, Japan June 29, 2017. Picture taken June 29, 2017.