What are the sanctions on Russia and are they hurting its economy?
Western nations have imposed severe measures against Russia over its invasion of Ukraine.
2023-05-19 19:54
India's forex reserves edge towards $600 billion, hit near 1-year high
MUMBAI India's foreign exchange reserves rose for a third consecutive week and stood at $599.53 billion for the
2023-05-19 19:53
Turkey's net FX reserves hit 21-year low of $2.3 billion before vote
ANKARA The Turkish central bank's net international reserves dropped some $4.45 billion to a 21-year low of $2.33
2023-05-19 18:17
ECB eyes additional steps to tackle bank deposit risks
MILAN The European Central Bank is considering whether requirements tailored for individual lenders could help address the risks
2023-05-19 17:58
Australia's Westpac says won't stick to home loan guideline as interest rates surge
By Byron Kaye and Lewis Jackson SYDNEY Australia's Westpac Banking Corp said it will refinance loans for some
2023-05-19 16:17
Yellen warns bank CEOs of 'severe' economic consequences if debt ceiling isn't addressed
During a meeting with more than two dozen bank CEOs on Thursday, Treasury Secretary Janet Yellen stressed the urgent need for Congress to address the debt ceiling, according to a readout of the meeting from the Treasury Department.
2023-05-19 04:22
Sen. Warren seeks details on 'troubling' sale of First Republic to JPMorgan
By Pete Schroeder WASHINGTON U.S. Senator Elizabeth Warren is questioning federal bank regulators on their decision to sell
2023-05-19 03:57
Yellen reaffirms strength of US banking system in meeting with bank CEOs -Treasury
WASHINGTON U.S. Treasury Secretary Janet Yellen reaffirmed the strength and soundness of the country's banking system in a
2023-05-19 03:49
Egypt's central bank leaves key interest rates on hold
Egypt's central bank kept its overnight interest rates unchanged on Thursday, saying that growth had slowed in the
2023-05-19 02:58
Bank of Canada's Macklem says inflation coming down despite April gain
By Steve Scherer and David Ljunggren OTTAWA Bank of Canada Governor Tiff Macklem suggested April's inflation increase -
2023-05-19 01:24
PacWest, Western Alliance lead rebound in US regional lenders
Battered shares of PacWest Bancorp and Western Alliance Bancorp edged higher in premarket trading on Thursday as the
2023-05-18 19:56
US banks rethink social media as a threat, not a marketing tool
By Nupur Anand NEW YORK Bankers are beefing up risk management, monitoring and emergency procedures around the use
2023-05-18 13:25