Banking turmoil to shape sector monitoring in 2024, says EU watchdog
A view shows the board of the European Central Bank (ECB) building in Frankfurt, Germany, September 14, 2023. REUTERS/Wolfgang Rattay/File...
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Banks report continued pain on commercial real estate loans
The front of an office building is seen in New York City, U.S., July 7, 2023. REUTERS/Amr Alfiky/File photo Acquire...
EU data watchdog urges more privacy safeguards for digital euro
Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Oct 18 (Reuters)...
UK should consider raising BoE inflation target to 3%, think tank says
A general view of the Bank of England (BoE) building, in London, Britain, August 4, 2022. REUTERS/Maja Smiejkowska/File Photo Acquire...
US regional banks earn more on loans but warn on rising deposit costs
The Wall St. sign is seen outside the New York Stock Exchange (NYSE) in New York, U.S., December 17, 2019. REUTERS/Brendan McDermid Acquire Licensing RightsNEW YORK, Oct 18 (Reuters) - Several U.S. regional banks beat analysts third-quarter profit expectations on Wednesday as higher interest rates allowed them to charge more for loans, although rising loan loss provisions and deposit retention costs crimped margins.Shares of several regional banks fell, including M&T Bank and US Bancorp.Stronger net interest income (NII), the difference between what banks earn from lending and pay out on...
Morgan Stanley profit down with lower investment banking revenue, shares tank
People take photos by the Morgan Stanley building in Times Square in New York City, New York U.S., February 20, 2020. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsOct 18 (Reuters) - Morgan Stanley's (MS.N) third-quarter profit showed a hit from lethargic dealmaking and shares sank 6.5% as investors were also disappointed by smaller inflows to the wealth management division and the lack of announcements in the CEO succession.The bank saw a 27% drop in investment banking revenues from a year earlier and sluggish trading as dealflow took a hit when geopolitical...
Madrid ratchets up bid to lure euro derivatives clearing from London
Electronic boards are seen at the Madrid stock exchange which plummeted after Britain voted to leave the European Union in...
ECB starts preparation for digital euro in multi-year project
An expert at the Kosovo Forensic Agency inspects fake 2 euro coins, in Pristina, Kosovo, September 19, 2023. REUTERS/Laura Hasani/File...
Bank of England’s Dhingra sees weaker wage growth, lower inflation
Bank of England Monetary Policy Committee member Swati Dhingra speaks during an event in London, Britain March 8, 2023. REUTERS/Hannah...
EU securities watchdog warns investors over crypto market protections
A representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Oct 17 (Reuters)...
