Trading platform Aquis sees earnings boost from EU share price feed plans
A view of the City of London and Canary Wharf, Britain March 19, 2023. REUTERS/Yann Tessier/File Photo Acquire Licensing RightsLONDON,...
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Swiss National Bank to expand liquidity provision to banks – Vice-Chairman
Vice-Chairman of the Swiss National Bank (SNB) Martin Schlegel attends a news conference in Zurich, Switzerland, March 23, 2023. REUTERS/Denis...
Hong Kong central bank leaves interest rate unchanged, tracking Fed move
A guard stands in front of the entrance to the Hong Kong Monetary Authority in Hong Kong April 14, 2015....
Fed’s hawkish stance spooks investors, though some say peak rates near
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger Acquire Licensing RightsNEW YORK, Sept 21 (Reuters) - The Federal Reserve’s plans for a prolonged period of elevated interest rates could continue pressuring stocks and bonds in coming months, though some investors doubt the central bank will stick to its guns.The U.S. central bank left interest rates unchanged on Wednesday, in line with market expectations. But policymakers bolstered their hawkish stance with a further rate increase projected by...
Bank of England on brink of rate hike pause after inflation surprise
A man wearing a protective face mask walks past the Bank of England (BoE) in London, Britain, December 16, 2021....
Ex-Deutsche Bank investment banker pleads guilty to crypto fraud
Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Sept 19 (Reuters) - A former Deutsche Bank (DBKGn.DE) investment banker, who was charged in April with misappropriating funds from investors he wooed with promises of big returns from cryptocurrency trading, pleaded guilty on Tuesday, the U.S. Justice Department said.Rashawn Russell faces up to 30 years in prison when sentenced, the Justice Department said in a statement. As part of his plea agreement, Russell will be required to pay restitution in the amount...
UK pay deals lose more steam as Bank of England meets on rates
A general view of the Bank of England (BoE) building, the BoE confirmed to raise interest rates to 1.75%, in...
US housing starts hit three-year low; surge in permits point to underlying strength
Single-family housing starts drop 4.3% in AugustSingle-family building permits increase 2.0%Overall housing starts plunge 11.3%; permits up 6.9%WASHINGTON, Sept 19...
Stricter bank capital rules ‘very bad’ for UK – NatWest CFO
A woman carrying a Union Flag umbrella stands near the Bank of England in the City of London, Britain, July...
Analysis: Societe Generale vision falls flat as Europe’s banks falter
People walk past a logo of French bank Societe Generale in front of the company's skyscraper at the financial and business district of La Defense near Paris, France September 14, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsLONDON/DUBLIN, Sept 18 (Reuters) - Societe Generale's (SOGN.PA) much-hyped new strategy plans were given a thumbs down by investors on Monday, underscoring uncertainty over European banks as they face a brittle economy.As a year-long boon from interest rate rises fizzles, Europe's big lenders are under a spotlight, with higher rates now upping pressure on...