Morning Bid: Big Tech reports as bond yields recoil
A look at the day ahead in U.S. and global markets from Mike DolanBig Tech heavyweights Microsoft (MSFT.O) and Alphabet...
archiveBNKS
Barclays hints at big cost cuts even as third-quarter profit pips forecasts
A branch of Barclays Bank is seen, in London, Britain, February 23, 2022. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsLONDON, Oct...
Britain, EU discuss risks, reforms, in inaugural financial services meeting
Flags of the Union Jack and European Union are seen ahead of the meeting of European Commission President Ursula von...
Tensions soar over new fund for climate ‘loss and damage’ ahead of COP28
Committee fails to adopt recommendations to set up fundDeveloping nations reject proposal of World Bank as hostTime running short to...
ECB staff won’t get wage catch-up bank predicts for euro zone
A view shows the placards of the political parties in front of the European Central Bank (ECB) building in Frankfurt,...
Global billionaire tax could yield $250 billion annually, study says
A money changer counts U.S. dollar banknotes at a currency exchange office in Ankara, Turkey November 11, 2021. REUTERS/Cagla Gurdogan...
US banking regulators extend feedback window for contentious capital proposal
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo Acquire Licensing RightsWASHINGTON, Oct 20 (Reuters) - A trio of U.S. banking regulators announced on Friday they were giving the public extra time to digest and provide feedback on a broad proposal to raise bank capital requirements that is already facing fierce industry pushback.The Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency said the comment window for the so-called "Basel...
Banks call for clarity on Britain’s investment path to net-zero economy
A sign directing towards electric vehicle charging points is seen in a car park in Manchester, Britain, September 8, 2023. REUTERS/Phil Noble/File Photo Acquire Licensing RightsUK Finance issues series of policy recommendationsFirst major position paper on net-zero transitionSays UK needs a stable policy environmentLONDON, Oct 20 (Reuters) - Britain needs to better track funds going into green investments to assess how much is needed from the private sector and should consider targeted tax changes to encourage sustainable projects, banking industry body UK Finance said.In its first major position paper on...
ECB hiking campaign is over but no easing until at least July – Reuters poll
A view shows the European Central Bank (ECB) flag and the flag of the European Union in front of the...
Morning Bid: Five alive: US yield curve nears historic level
A passerby walks past an electric monitor displaying recent movements of various stock prices outside a bank in Tokyo, Japan, March 22, 2023. REUTERS/Issei KatoFile Photo Acquire Licensing RightsOct 20 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.Another watershed day for U.S. Treasuries on Thursday - the entire curve came within a whisker of trading above 5% - is set to weigh heavily on Asian market sentiment on Friday and potentially seal one of the biggest weekly losses for regional stocks...