BNP Paribas Cracks Down on Mining Clients With New Coal Policy
BNP Paribas SA is imposing new financing restrictions as part of an updated policy around how to treat
2023-11-23 18:48
Ermotti Urges More Top Banker Accountability After Credit Suisse
UBS Group AG Chief Executive Officer Sergio Ermotti said Switzerland should have broader powers to sanction bank executives
2023-11-23 17:59
Bundesbank Says Too Soon to Declare Finance System All Clear
Germany’s financial system still needs to fully digest higher interest rates so it’s too soon to declare that
2023-11-23 17:56
China Seen Holding Key Policy Rate Until 2024, Economists Say
China will likely wait until early next year to cut policy rates to support the economy, though other
2023-11-23 16:54
Virgin Money Unveils £150 Million Buyback as Margins Improve
Virgin Money UK Plc plans to buy back a further £150 million ($188 million) of its shares after
2023-11-23 15:58
China’s Labor Market Seen as Weaker Than Official Data Show
China’s labor market is weak and dragging on confidence in the world’s second-largest economy, alternative data show, contrasting
2023-11-23 15:51
China Weighs Unprecedented Builder Support With First-Ever Unsecured Loans
China may allow banks to offer unsecured short-term loans to qualified developers for the first time, people familiar
2023-11-23 15:50
Troubled China Shadow Bank Warns of $36 Billion Shortfall
Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth of its financial difficulties, telling investors
2023-11-23 12:27
Israel’s $48 Billion War Bill Leaves It at Mercy of Bond Markets
When a team of Israeli technocrats that calls itself the “government’s CFO” scans the battlefield with the war
2023-11-23 12:16
Turkey Poised for Rate Milestone If It Hikes Past 36%
Turkey is turning another corner in ending an era of ultra-loose monetary policy. The central bank will likely
2023-11-23 11:24
China Races to End Property Panic, Fill $446 Billion Funding Gap
Chinese leaders are making their most forceful push yet to end the nation’s property crisis, ramping up pressure
2023-11-23 09:15
China Parliament Pressures Banks To Step Up Property Finance
China’s banks should step up funding for property developers to reduce the risk of additional defaults and ensure
2023-11-23 08:48