Russian Agricultural Bank could have SWIFT access within 30 days, UN tells Moscow
Swift logo is seen in this illustration taken, Bosnia and Herzegovina, February 25, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsSept 8...
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Dollar heads toward longest weekly winning streak since 2014, yuan plumbs 2007 low
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSINGAPORE, Sept 8...
IMF and regulators set out roadmap to contain crypto risks
Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Sept 7 (Reuters)...
Industry bodies urge EU to ditch euro clearing relocation plan
European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, September 28, 2022. REUTERS/Yves Herman/File Photo Acquire Licensing...
European private loan market falters as corporate credit stress mounts
Private debt fundraising and deals slowIndustry tested by new high rate environmentLending squeeze set to aggravate default risksLONDON, Sept 7 (Reuters) - Direct lending, a key but expensive source of credit for riskier European firms that banks often shy away from, is running out of steam, a fresh sign that aggressive interest rate rises may be starting to cause funding stress and exacerbate economic pain.Fundraising and deal-making have dropped sharply at European private debt funds, new data shows.The European private credit industry, which flourished after the 2008 financial crisis as...
UN chief says global finance system fragmenting; Myanmar crisis worsens
UN Secretary General Antonio Guterres speaks during his bilateral meeting with Indonesian President Joko Widodo on the sidelines of the...
Digital euro package should be focus of next EU Commission – McGuinness
European flags fly outside the European Commission headquarters in Brussels, Belgium March 13, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS,...
European asset managers reject plans for tigher liquidity rules
LONDON, Sept 5 (Reuters) - Proposals to force open-ended investment funds to hold more liquid assets to cope with a...
SoftBank’s Arm aims for over $52 bln valuation in biggest US IPO of the year
Sept 5 (Reuters) - SoftBank Group's (9984.T) Arm is seeking a valuation of more than $52 billion in its initial public offering, the chip designer said on Tuesday as it begins marketing for the biggest U.S. stock market flotation of the year.SoftBank is offering 95.5 million American depository shares of the United Kingdom-based company for $47 to $51 apiece and is looking to raise up to $4.87 billion at the top of the range, Arm said in a regulatory filing.The valuation that Arm is chasing now represents a climb-down from...
Raise pension contributions to combat UK capital market decline, says think-tank
Pensioners walk through woodland during lockdown amid the coronavirus (COVID-19) outbreak, in London, Britain, November 21, 2020. REUTERS/Russell Boyce/File Photo...
