Category Archives:
Exclusive-HSBC steps up scrutiny of Russian clients worldwide as sanctions ratchet up
By Sumeet Chatterjee and Lawrence White HONG KONG/LONDON (Reuters) - HSBC is shunning prospective Russian clients and declining credit to some existing ones, two sources with knowledge of the matter t...
Mar 25, 2022
Deutsche Bank nominates former Norway wealth fund head to supervisory board
FRANKFURT (Reuters) - Deutsche Bank has nominated Yngve Slyngstad, the former head of Norway's sovereign wealth fund, to its supervisory board, Germany's largest lender said on Friday. Slyngstad was c...
Mar 25, 2022
Analyst reaction to alternative Generali strategy
MILAN (Reuters) - Rebel challengers to Generali's current management pledged to increase earnings by a double-digit percentage and free more cash for takeovers, setting out their plans for Italy's lar...
Mar 25, 2022
JPMorgan cuts EM local currency debt to ‘underweight’ as Russia-Ukraine woes bite
By Jorgelina do Rosario LONDON (Reuters) - JPMorgan analysts have slapped a sell, or 'underweight', recommendation on emerging market local currency sovereign debt due to the global fallout from the R...
Mar 25, 2022
U.S. Supreme Court Justice Thomas is discharged from hospital -Supreme Court
WASHINGTON (Reuters) - U.S. Supreme Court Justice Clarence Thomas, who was hospitalized with flu-like symptoms last week, was discharged from the hospital on Friday morning, the Supreme Court said. Th...
Mar 25, 2022
Brazilian monetary tightening will probably end at 12.75%, says cenbank chief
BRASILIA (Reuters) - Brazil's central bank chief Roberto Campos Neto said on Friday that the ongoing monetary tightening will probably end with benchmark rates at 12.75%, taking a more direct stance a...
Mar 25, 2022
Georgia says it will lose over $1 billion because of Ukraine
(Reuters) - Georgia is likely to lose $1.0 billion to $1.2 billion in economic output owing to Russia's military intervention in Ukraine and fall short of its 6% growth target, the head of parliament'...
Mar 25, 2022
Ukraine crisis likely to slow global economic growth, Yellen says
WASHINGTON (Reuters) - The Russia-Ukraine crisis is driving up commodities prices and is likely to reduce prospects for global growth in the coming year, U.S. Treasury Secretary Janet Yellen warned on...
Mar 25, 2022
U.S. plans to close, scale back four immigrant detention centers, document shows
By Ted Hesson and Mica Rosenberg WASHINGTON (Reuters) - U.S. Immigration and Customs Enforcement (ICE) is planning to close a troubled detention center in Alabama and will significantly scale back the...
Mar 25, 2022
U.S. equity funds post biggest weekly inflow in six weeks
(Reuters) - U.S. equity funds witnessed big inflows in the week to March 23 as markets focused on a Federal Reserve rate hike and Russia's avoidance of a bond default. U.S. investors purchased equity ...
Mar 25, 2022
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