Bank of Portugal imposes capital buffer for mortgages at four large banks
A man walks with his dog outside Bank of Portugal in downtown Lisbon, Portugal, February 21, 2017. REUTERS/Rafael Marchante/File Photo...
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UK stocks fall after GDP data; Diageo tumbles to near 3-year low
The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo...
US Fed proposes shrinking fees banks charge on debit card transactions
An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo Acquire Licensing RightsWASHINGTON, Oct 25 (Reuters) - The U.S. Federal Reserve on Wednesday proposed slashing by nearly a third the amount of so-called "swipe fees" banks can charge merchants for processing debit-card transactions, setting up a pitched battle between the two industries over potentially billions of dollars in revenue.Citing data that showed the costs of processing such transactions had fallen by roughly half in recent years, the Fed proposed cutting the current cap...
M&G to shut flagship retail property fund, citing weakened investor demand
M&G plc logo is seen on a smartphone in front of displayed same logo in this illustration taken, December 1,...
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,...
Global share index slips as investors absorb ‘higher-for-longer’ rate outlook
Treasury yields move above 4.50%, dollar gainsOil prices settle close to flat, U.S. stocks end higherInvestors assess outlook ahead of...
Slower ride likely ahead for US economy
CAI MENG/CHINA DAILY The economy of the United States has been on a strong recovery track since the beginning of...
More SE Asia firms consider U.S. IPOs, filling void left by China peers
At least four Southeast Asia firms considering U.S. IPOsU.S. IPOs by Chinese firms slumped - LSEG dataSINGAPORE/SYDNEY, Sept 19 (Reuters) - Several Southeast Asian companies are considering listing in the United States, banking on strong investor appetite for emerging market growth in the absence of Chinese stock offerings.Senior executives in leading SME digital financing platform Funding Societies, Singapore-based entertainment firm Gushcloud International and Thai insurance technology firm Sunday told Reuters they were looking into New York as one of their initial public offering (IPO) venues.This comes on top of recently...
Europe’s bumper Q2 puts global dividend payouts on track for record year
Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsLONDON, Aug 30 (Reuters) -...
Bounce in European property stocks: false start or turning point?
MILAN, Aug 24 (Reuters) - It's hard to be bullish about real estate in an environment of sharply higher interest...
