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Bankers at US midsize lenders battle to keep deposits after exodus
By Tatiana Bautzer and Nupur Anand LAS VEGAS (Reuters) - Mid-sized U.S. lenders are getting creative as they try to hang onto customer deposits after two bank failures rattled consumers and spurred a ...
Syndicated Content Mar 27, 2023
Kuroda says BOJ needs to be ready to issue digital yen
By Leika Kihara TOKYO (Reuters) - The Bank of Japan must be ready to issue central bank digital currencies (CBDC) that coexist with various other forms of money to offer the public a safe digital paym...
Syndicated Content Mar 27, 2023
Australian bank chiefs flag raging home-loan price war
By Lewis Jackson and Byron Kaye SYDNEY (Reuters) - Competition for Australia's lucrative A$2 trillion ($1.3 trillion) mortgage market is heating up, say bank chiefs, as hundreds of thousands of mortga...
Syndicated Content Mar 27, 2023
Japan banks’ holdings of Credit Suisse AT1 bonds small – Finance Minister
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Japanese banks' holdings of Additional Tier-1 (AT1) bonds issued by Credit Suisse are small so the direct hit from them being written down to zer...
Syndicated Content Mar 27, 2023
Brookfield to step up Australia renewables investment with $10.2 billion Origin deal
By Praveen Menon and Scott Murdoch SYDNEY (Reuters) - Brookfield Asset Management will spend about $13.3 billion over the next decade to replace Origin Energy's Australian power generation infrastruct...
Syndicated Content Mar 27, 2023
China’s Nio opens trial for high-speed EV battery swapping stations
SHANGHAI (Reuters) - Chinese electric vehicle (EV) maker Nio Inc began trial operation on Tuesday of faster, more efficient battery swapping stations in China in its push to make battery swapping a vi...
Syndicated Content Mar 27, 2023
Stop insuring carbon projects ‘immediately’, NGOs tell CEOs
By Tom Sims and Simon Jessop FRANKFURT/LONDON (Reuters) - A group of climate activists has called on 30 insurance company CEOs to "immediately" stop underwriting new fossil fuel projects in the wake o...
Syndicated Content Mar 27, 2023
US colleges face loss of racial diversity if race-conscious admissions banned -study
By Gabriella Borter (Reuters) - If the U.S. Supreme Court bans the consideration of race in college admissions, enrollment of minority groups at selective colleges will likely stall or decline - even ...
Syndicated Content Mar 27, 2023
Australia’s key financial regulators to review global banking turmoil
By Renju Jose SYDNEY (Reuters) - Australian Treasurer Jim Chalmers will convene a meeting of the country's top financial regulators to check how the latest volatility in global financial markets could...
Syndicated Content Mar 27, 2023
Starbucks illegally refused to bargain with union on Zoom – Bloomberg News
(Corrects to clarify Howard Schultz's designation in the fourth paragraph) (Reuters) - Starbucks Corp violated federal law by refusing to fairly negotiate with workers at dozens of newly-unionized caf...
Syndicated Content Mar 27, 2023
Peoria, IL, USA
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