BankingExclusive: Bank of England approves UBS’s Credit Suisse takeover in UK -sourcesApril 4, 202370LONDON, April 4 (Reuters) - The Bank of England has approved UBS Group AG's (UBSG.S) takeover of Credit Suisse Group...
MortgagesExplainer: What are credit default swaps and why are they causing trouble for Europe’s banks?March 28, 202355LONDON, March 28 (Reuters) - Turbulence in Europe's banks following the implosion of 167-year-old Credit Suisse (CSGN.S) and runs on...
BankingU.S. regulators say banking system ‘sound and resilient’March 24, 202376WASHINGTON, March 24 (Reuters) - The multi-regulator U.S. Financial Stability Oversight Council agreed on Friday that the U.S. banking system...
BankingTop US Senate Democrat Schumer wants legislative response to banking illsMarch 15, 202357WASHINGTON, March 15 (Reuters) - The U.S. Congress needs to act on bipartisan legislation strengthening banking industry controls, Senate Majority...
FinanceEx-Goldman banker Ng deserves 15 years in prison, US prosecutors sayMarch 4, 202391NEW YORK, March 3 (Reuters) - U.S. prosecutors on Friday urged a judge to sentence former Goldman Sachs (GS.N) banker...
FundsRepublicans swim against tide of ESG moneyMarch 2, 202371WASHINGTON, March 2 (Reuters Breakingviews) - For an organization which professes a love of free markets, the U.S. Republican Party...
BankingBanks battle to shed unsold buyout loans – sourcesJanuary 31, 2023130Banks offloading loans backing PE buyouts -sourcesUnsold loans in Europe now down to 5 bln euros -sourcesLONDON, Jan 31(Reuters) -...
BankingFed wants climate risk analysis from 6 largest U.S. banks by July 31January 18, 202367WASHINGTON, Jan 17 (Reuters) - The Federal Reserve on Tuesday told the six largest U.S. banks to compile data on...
FundsSEC charges Goldman Sachs Asset Management with not following ESG investments policiesNovember 22, 2022291WASHINGTON, Nov 22 (Reuters) - The U.S. Securities and Exchange Commission on Tuesday charged Goldman Sachs Asset Management (GS.N) with...
BankingEXCLUSIVE Credit Suisse overhaul draws scrutiny from some investors, proxy adviser over governanceNovember 11, 202264LONDON/ZURICH, Nov 11 (Reuters) - Credit Suisse's (CSGN.S) recent decision to exit certain investment banking activities is drawing scrutiny from...