Bank of America opens Luxembourg branch in Europe funds push
LONDON, May 10 (Reuters) - Bank of America (BAC.N) has hired former BNP Paribas banker Benoit Nevouet to be the...
archiveBNKS
U.S. prosecutors look at short selling in bank shares – source
NEW YORK, May 10 (Reuters) - Federal prosecutors in Washington are looking into short seller activity around the recent volatility...
Oil recoups losses on plans for SPR refill, higher seasonal demand
TOKYO, May 9 (Reuters) - Oil prices ticked up on Tuesday, reversing a more than 2% drop earlier in the...
EU plans tough ‘value for money’ rules for investment products – draft document
LONDON, May 9 (Reuters) - Banks, insurers and asset managers in the European Union would only be allowed to sell...
Stocks slide on Chinese data, US debt ceiling worries hit T-bills
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2023....
Pound hits one-year high against struggling dollar
SINGAPORE, May 8 (Reuters) - Sterling hit an over-one-year high against the dollar on Monday as the greenback began the...
Lebanon central bank chief’s brother questioned at European fraud probe hearing
BEIRUT, May 4 (Reuters) - The brother of Lebanon's central bank governor appeared on Thursday at a hearing in Beirut...
Analysis: Fed up with shrinking savings, Europeans drain billions from banks
LONDON/DUBLIN, May 4 (Reuters) - European savers are pulling more of their money from banks, looking for a better deal...
Fed raises rates, opens door to pause in tightening cycle
Central bank lifts rates by quarter of a percentage pointBenchmark overnight interest rate now in 5.00%-5.25% rangePowell says Fed still...
US regional bank stocks bounce around after two-day tumble
May 3 (Reuters) - Shares of mid-sized U.S. lenders edged lower in volatile trading on Wednesday, giving back early gains...
