EU states consider easing post-Brexit derivatives clearing plan
Puzzle with printed EU and UK flags is seen in this illustration taken November 13, 2019. REUTERS/Dado Ruvic/Illustration/File Photo Acquire...
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Twenty years after euro “No” vote, Swedes fret over weak crown
Swedish crown has lost 17.5% against euro in 18 monthsInflation impact could mean higher interest rates for longerWeakness a mystery...
Citigroup CEO sets sweeping management changes, job cuts
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2023....
European countries differ over windfall taxes on banks
Sept 13 (Reuters) - Italy followed the lead of other European countries by taking a surprise and contested decision in...
Analysis: Investors call ‘peak pessimism’ for beaten-up UK stocks
Investors see improvements for UK consumer economyInflation has claimed retail scalps, but easingUK stocks still hobbled by weak interest at...
Goldman Sachs CEO says US economic outlook uncertain despite soft landing prospects
A man counts U.S. dollar banknotes at an exchange shop in Beirut, Lebanon March 18, 2022. Picture taken March 18, 2022. REUTERS/Mohamed Azakir Acquire Licensing RightsNEW YORK, Sept 12 (Reuters) - Goldman Sachs (GS.N) CEO David Solomon said the U.S. economy is likely to avoid a significant recession, but warned that inflation will likely be more persistent than market participants currently expect."The chance of having a relatively soft landing and navigating through this has gone up very meaningfully over the last 12 months," Solomon told Reuters in an interview on...
Canada’s banking group says government ‘picking on’ financial sector – The Globe and Mail
Canadian flag flies in front of the Peace Tower on Parliament Hill in Ottawa, Ontario, Canada, March 22, 2017. REUTERS/Chris...
World stocks flag as dollar ups its game, UK data knocks pound
A huge electric stock quotation board is seen inside a building in Tokyo, Japan, December 30, 2022. REUTERS/Issei Kato Acquire...
Spanish court rejects appeals to suspend banking tax payments
MADRID, Sept 11 (Reuters) - Spain's High Court has rejected appeals by lenders Bankinter (BKT.MC), Sabadell (SABE.MC) and Cajasur to...
EU opens race to run its huge investment bank EIB
The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo Acquire Licensing RightsBRUSSELS, Sept 10 (Reuters) - Five candidates have come forward for the post of president of the huge European Investment Bank, Belgian Finance Minister Vincent van Peteghem said on Friday, the first of several top European Union jobs which member governments will haggle over in the next 12 months.The government-owned EIB calls itself the world's biggest multilateral financial institution by assets and will be a key player...