Bank
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Bank Of Israel Raises Key Rate, Seeks Fiscal Restraint From New Govt
The Bank of Israel building is seen in Jerusalem June 16, 2020. Reuters The Bank of Israel raised its benchmark interest rate by half a point on Monday, and will…
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Ukrainian Billionaire Arrested At French Ski Resort In Bank Investigation
Representation. French police (National Gendarmerie) Pixabay A Ukrainian businessman was arrested Tuesday at a high-end ski resort in the French Alps and accused of embezzling over $100 million. French police…
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Vietnam Central Bank Buys Dollars To Shore Up Reserves After Selloff
People sit on their boats as they wait for customers at Cai Rang floating market on Mekong river, in Can Tho, Vietnam, May 5, 2021. Reuters Vietnam’s central bank said…
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Russia’s No.2 Lender VTB To Buy Rescued Otkritie Bank For $4.7 Billion
The logo of Russian bank Otkritie is seen at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 15, 2022. Reuters The Bank of Russia on Thursday…
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Bitcoin, Ethereum Trade In Green After Surprise Announcement From Bank Of Japan
KEY POINTS Market analysts anticipate that Bank of Japan’s latest move has major ramifications across the globe Ethereum was trading up 0.14% at $1,209.27 Bitcoin was trading up 0.16% at…
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Bank Indonesia Seen Reducing Rate Hikes To Modest 25bps On Dec. 22- Reuters Poll
Bank Indonesia’s logo is seen at its headquarters in Jakarta, Indonesia, January 17, 2019. Reuters Cooling inflation and a more resilient rupiah currrency is expected to give Bank Indonesia enough…
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Ethiopia’s Largest Bank Says Tigray Services Resume
The announcement follows the signing of a peace deal between the federal government and Tigrayan rebels last month AFP The Commercial Bank of Ethiopia said Monday that it has resumed…
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U.S. Court Decision Paves Way For Depositor Case Against Lebanese Bank
Lebanese army soldiers stand guard during a protest organized by Depositors’ Outcry, a group campaigning for angry depositors, near Lebanon’s Central Bank building in Beirut, Lebanon October 5, 2022. Reuters…
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U.S. Bank Stocks Falter As Recession Worries Take Hold
The floor of the the New York Stock Exchange (NYSE) is seen after the close of trading in New York, U.S., March 18, 2020. Reuters Shares of U.S. banks are taking a beating in December, as worries…
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As Kuroda Bows Out, Bank Of Japan’s Rising Hawks Eye End To Unloved Yield Cap
Pensioner Yoshio Koitabashi, 84, shows the contents of his small kitchen cabinet at his apartment in a public housing complex in Tokyo, Japan November 14, 2022. Reuters As Haruhiko Kuroda’s…
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Swiss National Bank Hints At Further Rate Hikes Ahead
A sign is placed in front of the entrance of the Swiss National Bank (SNB) in Bern, Switzerland December 15, 2022. Reuters Swiss National Bank Chairman Thomas Jordan said it…
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US Central Bank Tightens Monetary Policy Again to Bring Benchmark Rates to the Highest Level Since 2007
Cisco starts laying off over 4,000 employees; affects 5% workforce The US central bank increased benchmark interest rates by 50 basis points on Wednesday, in a sign that it is…
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Binance’s CZ Says It Is ‘Business As Usual’ After Bank Run; Resumes USDC Withdrawals
KEY POINTS CZ said Binance saw around $1.14 billion in withdrawals Tuesday Binance paused USDC withdrawals later in the day The USDC withdrawals resumed at around noon E.T. Tuesday Changpeng…
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Asian Shares Dip, Dollar Firms Ahead Of Central Bank Rate Hikes
People pass by an electronic screen showing Japan’s Nikkei share price index inside a commercial building in Tokyo, Japan September 22, 2022. Reuters Asian shares dipped on Monday while the…