Category: International Banking News
Bank of America board approves CEO Moynihan’s 2017 incentive compensation
Reuters Staff
(Reuters) - Bank of America Corp (BAC.N) said on Friday its board had approved Chief Executive Brian Moynihan’s incentive compensatio [...]
BOE Cunliffe Says U.K. Role as Financial Center Not Tied to EU
By David Goodman
Source: Bloomberg.com
The U.K.’s position as a major global financial hub doesn’t depend solely on being part of the European U [...]
Bank of Russia Set for Sprint to Looser Policy With Rate Cut
By Anna Andrianova and Olga Tanas
With assistance by Zoya Shilova
Source: Bloomberg.com
Benchmark rate is lowered to 7.5%, matching most fo [...]
Fed Economists Say Bitcoin Can’t Compete in World of Trust
By Camila Russo
Source: Bloomberg.com
Bitcoin and other cryptocurrencies solve the problem of making payments in an environment where trust is b [...]
Credit Suisse Tells Some Staff It’s Sabbatical Time
Credit Suisse Group AG has told some teams in Switzerland to consider taking a leave of absence or a sabbatical, adding to signs that the bank’s Swiss [...]
Arab Bank Wins Ruling Tossing Verdict Over Terror Funding
By Chris Dolmetsch and Christie Smythe
Source: Bloomberg.com
Appeals court said jury was given improper instructions
Ruling will modify $10 [...]
Federal Reserve: Powell è il nuovo governatore
Jerome Powell ha giurato diventando il nuovo governatore della Federal Reserve e pronto a raccogliere l’eredità di Janet Yellen. La Fed, sul suo sito, [...]
Fed’s Williams sees three or four rate hikes this year
By Ann Saphir
SAN FRANCISCO (Reuters) - A pickup in wage growth and inflation are signs of a healthy economy and at this point are not enough to fo [...]
Fed’s Yellen says solid economic growth means more rate hikes ahead
By Ann Saphir
(Reuters) - Outgoing Federal Reserve Bank Chair Janet Yellen said on Friday that solid economic growth, faster wage increases, and a [...]
British Business Bank to provide 100 million pounds to firms hit by Carillion collapse
Reuters Staff
(Reuters) - The British Business Bank will provide up to 100 million pounds ($141.53 million) of lending to small businesses and work [...]