Banks behind 70% jump in greenwashing incidents in 2023 -report
A view shows skyscraper office properties at La Defense business and financial district near Paris, France, June 26, 2023. REUTERS/Stephanie...
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Rapid shocks in store for insurers in new Bank of England tests
A general view shows the Bank of England in London, Britain, September 21, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsLONDON,...
StanChart argues for cutting ‘systemic’ sanctions busting claims from lawsuit
The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. REUTERS/Peter Nicholls/File Photo Acquire...
European stocks steady as banks offset declines in utilities
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 29, 2023. REUTERS/Staff/File...
Billions in frozen funds for Hungary on table as EU seeks Ukraine support
Hungarian Prime Minister Viktor Orban attends the autumn session of parliament in Budapest, Hungary, September 25, 2023. REUTERS/Bernadett Szabo Acquire...
Morning Bid: New quarter, same old market dynamics
A man is reflected on an electric monitor displaying a stock quotation board outside a bank in Tokyo, Japan, June 5, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing RightsOct 3 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.Yet another surge in the dollar and U.S. bond yields on Monday suggests the momentum in these assets - which set the tone for markets around the world - is not about to slow down just because the final quarter of the year is underway.If...
EBRD says continuous support for Ukraine is key challenge – president
People walk past the new headquarters of the European Bank for Reconstruction and Development (EBRD) in Canary Wharf, London, Britain,...
Fed shines light on path to US bank capital relief trades
The U.S. Federal Reserve building is pictured in Washington, March 18, 2008. REUTERS/Jason Reed/File Photo Acquire Licensing RightsOct 2 (Reuters) - A clarification of capital rules by the Federal Reserve may encourage U.S. banks to transfer more of the risk in their loan portfolios to investors, potentially letting them free up capital.The Federal Reserve on Thursday clarified rules around capital treatment of a type of structured debt which involves the sale of credit-linked notes that carry the risk of losses on U.S. bank loan portfolios to investors. The announcement was...
Morning Bid: US shutdown relief vs mixed China PMIs
A passerby walks past an electric monitor displaying various countries' stock price index outside a bank in Tokyo, Japan, March 22, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing RightsOct 2 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.An early burst of positive sentiment - or relief - after the U.S. Congress agreed a last-minute deal to prevent a partial federal government shutdown could give Asian markets a boost at the open on Monday.But Chinese purchasing managers index data over the weekend, which...
US CFTC orders 3 major US banks to pay over $50 mln for swap reporting failures
The Goldman Sachs company logo is on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsWASHINGTON, Sept 29 (Reuters) - The U.S. Commodity Futures Trading Commission on Friday ordered Goldman Sachs (GS.N), Bank of America (BAC.N) and JPMorgan (JPM.N) to pay a total of over $50 million to settle charges of swap reporting failures and other violations, the agency said.JPMorgan, Bank of America, and Goldman Sachs will pay civil monetary penalties of $15 million, $8 million,...