Category: International Banking News
Protectionism may raise, not cut, trade deficits: ECB
Protectionist trade policies may increase, rather than reduce, a country's trade deficit, the European Central Bank said in a study on Wednesday, [...]
G20 should resist protectionism, keep markets open: Bundesbank
The world's biggest economies should recommit to maintaining open markets and cross-border trade as a fresh wave of protectionism and deregulation [...]
HSBC to Name AIA CEO Mark Tucker as Chairman, Sources Say
LONDON -- HSBC Holdings PLC is set to name AIA Group Ltd. Chief Executive Mark Tucker as its next chairman, the first time the bank has hired from [...]
Some bank bulls grow wary on policy uncertainty
Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates, lighter reg [...]
Not so TRIM
The next crisis could hit before Europe’s banks are done with fixing problems exposed by the last one. The European Central Bank is rushing to str [...]
Exclusive: Hard Brexit would trigger ‘leaching’ of banks from UK – draft report
A draft report on the impact of Brexit on Britain's financial industry warns banks and staff would "leach" away, undermining the wider UK economy, [...]
EU’s Juncker unveils key plans for post-Brexit bloc
European Commission President Jean-Claude Juncker on Wednesday unveiled his plans on a "new chapter" of Europe, ushering in an era of soul-searchi [...]
Bank of America opens branches without employees
Bank of America Corp has opened three completely automated branches over the past month, where customers can use ATMs and have video conferences wit [...]
Citigroup to exit U.S. mortgage servicing operations by 2018
Citigroup Inc (C.N) said on Monday it would speed up the transformation of its U.S. mortgage business by exiting servicing operations by the end o [...]
Usa, corporate tax al 10%
Per sconfiggere il turismo fiscale delle multinazionali che spostano all'estero le proprie sedi per versare meno tasse, gli Stati Uniti d'America [...]