Category Archives:
OCC’s Hsu: Bank-fintech partnerships ‘here to stay,’ while crypto hogging ‘brain space’
By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) - A leading U.S. bank regulator said his caution over banks partnering with fintechs is not meant to stifle those arrangements, but rather reflec...
Oct 13, 2022
BoE’s repo facility to ease pension pain is no silver bullet, sources say
By Sinead Cruise and Tommy Wilkes LONDON (Reuters) - A Bank of England fix to ease pension schemes' cash crunch by getting banks to assume the role of rescue lender is being shunned by some of the big...
Oct 13, 2022
Snap employee data exposed after breach at document company Elevate -letter
By Raphael Satter (Reuters) - Ephemeral messaging app Snap had employee data exposed by a breach at a third-party document analysis firm, according to a document reviewed by Reuters on Thursday. Snap ...
Oct 13, 2022
Codelco offers 2023 European copper premiums at record high -sources
LONDON (Reuters) -Chile's Codelco, the world's biggest copper miner, is offering to sell copper to European buyers at a record high premium around $235 a tonne for 2023, a rise of 85% from 2022, two s...
Oct 13, 2022
Argentina’s Massa says Paris Club deal “close”
By Jorgelina do Rosario and David Lawder WASHINGTON (Reuters) - Argentina is nearing a deal on more than $2 billion it owes the Paris Club of creditors, economy minister Sergio Massa said on Thursday....
Oct 13, 2022
IMF chief admonishes UK officials over coherence of fiscal, monetary policies
By David Lawder WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Thursday rebuked Britain over its planned tax cuts, telling its finance minister and centra...
Oct 13, 2022
Analysis-Saudi oil power play bruises U.S. ties but won’t break them
By Aziz El Yaakoubi and Ghaida Ghantous RIYADH (Reuters) - Neither side is backing down in a battle of wills over oil between Saudi Arabia's Crown Prince and U.S. President Joe Biden, putting severe s...
Oct 13, 2022
U.S. crude stockpiles surge on reserve releases; distillates draw down – EIA
By David Gaffen (Reuters) - U.S. crude stocks rose by nearly 10 million barrels last week after another big release from government reserves, while distillate inventories fell sharply, the Energy Info...
Oct 13, 2022
New York’s James seeks monitor to oversee Trump’s company before trial
By Luc Cohen NEW YORK (Reuters) - New York state Attorney General Letitia James on Thursday urged a court to appoint an independent monitor to oversee Donald Trump's family company before a civil frau...
Oct 13, 2022
Exclusive-ECB staff sees lower rate peak than market, sources say
By Balazs Koranyi and Francesco Canepa WASHINGTON/FRANKFURT (Reuters) - European Central Bank staff see the need for fewer rate hikes than markets now estimate to tame inflation, according to a new in...
Oct 13, 2022
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