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Swiss watchdog to monitor Credit Suisse strategy rollout
ZURICH (Reuters) - Credit Suisse has taken measures to reduce risks and improve its capital situation, Swiss banking supervisor FINMA said on Thursday after the bank unveiled a sweeping overhaul. "It ...
Syndicated Content Oct 27, 2022
Summer rolls on along French Riviera as balmy temperatures persist
NICE, France (Reuters) - It is late October on the French Riviera, but tourists are sunbathing in bikini, the terraces are full and the seawater is warm enough for swimming. On the beach in Nice, few ...
Syndicated Content Oct 27, 2022
UK banks start cutting ‘Truss premium’ from mortgage rates, but slowly
By Iain Withers and Lawrence White LONDON (Reuters) - Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are now cutting home loan prices, albeit slowly,...
Syndicated Content Oct 27, 2022
Biden says U.S. Q3 growth shows economic recovery ‘continuing to power forward’
WASHINGTON (Reuters) - President Joe Biden said on Thursday that a U.S. economic growth rebound in the third quarter was evidence an economic recovery "is continuing to power forward," and said his ad...
Syndicated Content Oct 27, 2022
Check Point Software sees further gains in Q4; CFO to take 6-month leave
By Steven Scheer JERUSALEM (Reuters) -Check Point Software Technologies forecast revenue growth of as much as 10% in the fourth quarter after handily beating third-quarter profit estimates on double-d...
Syndicated Content Oct 27, 2022
ECB gets rid of subsidy on bank loans to mop up cash
FRANKFURT (Reuters) - The European Central Bank on Thursday got rid of a subsidy on its multi-year loans to banks to encourage them to repay them early, in a move designed to mop up excess cash from t...
Syndicated Content Oct 27, 2022
Textron to deliver fewer private jets than “hoping to” in 2022 on supply chain delays
(Reuters) - Cessna business jet maker Textron Inc should deliver fewer private jets than originally expected in 2022 due to supply chain problems, the company said on Thursday after reporting a beat o...
Syndicated Content Oct 27, 2022
ECB hikes interest rates again
LONDON (Reuters) - The European Central Bank raised interest rates again on Thursday and signalled it was keen to start shrinking its bloated balance sheet, taking another big step in tightening polic...
Syndicated Content Oct 27, 2022
Famed “Girl with a Pearl Earring” painting targeted by climate activists – NOS
AMSTERDAM (Reuters) - Climate activists targeted Dutch master Johannes Vermeer's famed "Girl with a Pearl Earring" at a museum in The Hague, Dutch broadcaster NOS reported on Thursday, but the artwork...
Syndicated Content Oct 27, 2022
Top Russian lender Sberbank expands financial terminal capabilities
MOSCOW (Reuters) - Russia's dominant lender Sberbank on Thursday said it had expanded the capabilities of its SberCIB Terminal to add services previously provided by data providers that have suspended...
Syndicated Content Oct 27, 2022
Peoria, IL, USA
52 °F Light Rain, Mist
