CurrenciesS.Korea, US seeking extradition of crypto entrepreneur Do Kwon -MontenegroMarch 29, 2023156PODGORICA, March 29 (Reuters) - South Korea and the U.S. are seeking the extradition of Do Kwon, an international fugitive...
BankingEurope banks can lose 38% of deposits before having to sell assets at a loss-researchMarch 29, 202370MILAN, March 29 (Reuters) - The average European bank could withstand a loss of 38% of its deposits without having...
BankingSafe-haven dollar sluggish as banking fears ebb; yen dropsMarch 29, 202367TOKYO, March 29 (Reuters) - The safe-haven U.S. dollar struggled to find its footing on Wednesday following two days of...
BankingUK Treasury official sees no immediate concerns on UBS-Credit Suisse dealMarch 28, 202357WASHINGTON, March 28 (Reuters) - Britain's No. 2 Treasury official said on Tuesday that he does not have any immediate...
MortgagesExplainer: What are credit default swaps and why are they causing trouble for Europe’s banks?March 28, 202348LONDON, March 28 (Reuters) - Turbulence in Europe's banks following the implosion of 167-year-old Credit Suisse (CSGN.S) and runs on...
BankingEurope’s banks in ‘better place’ than U.S. in terms of commercial property risk – JPMorganMarch 28, 202370LONDON, March 28 (Reuters) - Europe's banks face less threat from some of the problems now showing in the commercial...
CurrenciesSterling edges up as BoE says no tension in UK banking systemMarch 28, 202365LONDON, March 28 (Reuters) - Sterling hovered around a two-month high on Tuesday as the Bank of England (BoE) said...
MortgagesMost Swedish mortgage borrowers have good buffers despite rising rates, FSA report saysMarch 28, 202349STOCKHOLM, March 28 (Reuters) - Swedish mortgage rates more than doubled for new mortgage borrowers in 2022 versus the previous...
CryptocurrencyUS regulator sues top crypto exchange Binance, CEO for ‘willful evasion’March 28, 202356CFTC charges Binance with 'willful evasion' of federal lawBinance's compliance was 'ineffective' under CEO - CFTCCFTC cites practices first reported...
BankingStocks gain, US treasury yields rise as banking fear easesMarch 28, 2023216HONG KONG, March 28 (Reuters) - Global stocks and U.S. bond yields rose on Tuesday, as a U.S. regulator-backed deal...