US Banking System ‘Well-capitalized’ Despite Risks: Yellen
US Treasury Secretary Janet Yellen said Thursday that the country's banking system is "well-capitalized" even as some banks face stresses...
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European Banking Federation boss Wim Mijs: Brexit was ‘mutually destructive’
“Ah yes, my favourite topic. I’ve been enjoying it so much — the discussion before and after 2016.”European Banking Federation...
EU’s Borrell Warns Against Cutting UNRWA Funds
European Union foreign policy chief Josep Borrell warned on Sunday that moves to suspend the funding of UN Palestinian refugee...
Citigroup offers generous redundancy package to laid-off UK bankers
Citigroup is offering laid-off bankers in the UK redundancy packages stretching to a year's salary, as the US bank prepares...
Mexico Leader Says Drug Money Claims Could Hurt US Ties
Mexico's president suggested Thursday recent claims that a cartel helped fund his first presidential campaign could undermine cooperation with the...
New York Community Bancorp Isn’t the Only Bank Warning About U.S. Office Loans
New York Community Bancorp isn’t the only bank ringing alarm bells over U.S. commercial real estate loans—there has been another...
EU Floats Hungary Compromise Before Crunch Ukraine Aid Summit
EU countries have offered Hungarian Prime Minister Viktor Orban an annual debate on aid to Ukraine, but no yearly veto,...
XTX Markets boss Alex Gerko tops UK taxpayer list with £664m bill
Moscow-born trader Alex Gerko, who previously renounced his Russian citizenship, has topped the list of top UK taxpayers again.Gerko, who...
UK Plc more vulnerable to foreign takeovers in 2024, say FTSE bosses
UK companies are seen as particularly vulnerable to takeover from international buyers this year, according to FTSE bosses and investors,...
Citi shakes up senior ranks of investment bank as overhaul continues
Citigroup has set out new leaders for its product and regional investment banking teams, as the US bank shifts top...
