Category Archives:
Credit Suisse could face disciplinary action, Swiss regulator says
ZURICH (Reuters) - Swiss financial regulator FINMA said it was considering whether to take disciplinary action against Credit Suisse managers after Switzerland's second largest bank had to be rescued ...
Mar 26, 2023
Standard Chartered agrees to sell business in Jordan
By Hadeel Al Sayegh DUBAI (Reuters) -Standard Chartered plans to sell its Jordanian business to Arab Jordan Investment Bank (AJIB), the two parties said on Sunday, as the emerging markets-focused lend...
Mar 26, 2023
Norway wealth fund to vote in favour of UniCredit remuneration plan
OSLO (Reuters) - Norway's $1.3 trillion sovereign wealth fund, one of the world's largest investors, will vote in favour of the UniCredit remuneration package, it said on Sunday. The Italian bank is d...
Mar 26, 2023
Biden declares emergency for Mississippi due to storm damage
(Reuters) - U.S. President Joe Biden approved an emergency declaration for Mississippi on Sunday after a powerful storm tore across the state, killing at least 25 people there and one in Alabama. Bide...
Mar 26, 2023
Battery maker Northvolt in talks for over $5 billion in financing -FT
(Reuters) - Swedish lithium-ion battery producer Northvolt is in talks to secure more than $5 billion of financing to pursue its goal of becoming Europe's biggest battery manufacturer, the Financial T...
Mar 26, 2023
Philippine minister says pause in rate rises likely at next bank meeting
MANILA (Reuters) - Philippines Finance Secretary Benjamin Diokno said on Sunday he believed that the central bank was leaning towards a pause in interest rate rises at its next monetary policy meeting...
Mar 25, 2023
IMF says risks to financial stability have increased, calls for vigilance
BEIJING (Reuters) -Risks to financial stability have increased, International Monetary Fund chief Kristalina Georgieva said in a speech delivered in Beijing on Sunday, calling for continued vigilance ...
Mar 25, 2023
Exclusive-Biden nominee to head FAA withdraws after Republican attacks -sources
By David Shepardson WASHINGTON (Reuters) -U.S. President Joe Biden's nominee to head the Federal Aviation Administration (FAA) is withdrawing his nomination after Republican criticism that he was not ...
Mar 25, 2023
Elon Musk puts $20 billion value on Twitter – The Information
(Reuters) - Twitter Inc CEO Elon Musk has offered the social-media company's employees stock grants at a valuation of nearly $20 billion, the Information reported on Saturday, citing a person familiar...
Mar 25, 2023
Valley National, First Citizens bidding for Silicon Valley Bank- Bloomberg News
(Reuters) - Valley National Bancorp and First Citizens BancShares Inc. are both vying to buy Silicon Valley Bank, Bloomberg News reported on Saturday. The two regional banks have submitted separate bi...
Mar 25, 2023
Peoria, IL, USA
60 °F Partly cloudy
