Banking
Banking
With Fed’s Rate Cut at Hand, Debate Swirls Over How Big a Move
Banking
French Central Bank Sees Consumer Gains Easing Budget Pains
Banking
Global Banking & Finance Review® Announces Basisbank as the Best Sme Bank Georgia 2024 for the Second Consecutive Year
Banking
Black Banx’s Initiatives in Developing Countries
ECB Dents Traders’ Hopes for October Rate Cut
Date: September 13, 2024
By Yoruk Bahceli, Naomi Rovnick (Reuters) -Traders pared back their bets on back-to-back rate cuts from the European Central Bank for the rest of the year on Thursday, as policymakers provided little clarity on how willing they were to double down on monetary easing. Sources also told Reuters shortly after the ECB meeting that...
Swiss Banks Fret Over Sanctions Risk to Wealth Business
Date: September 12, 2024
By Oliver Hirt ZURICH (Reuters) -A survey of Swiss banks has highlighted international sanctions imposed on other countries, such as against Russia over Ukraine, as the greatest geopolitical risk to their business. The report by the Swiss Bankers Association (SBA) and consultants zeb said on Thursday that Swiss policymakers should develop an approach to sanctions...
ECB Cuts Interest Rates as Growth Dwindles
Date: September 12, 2024
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank cut interest rates again on Thursday as inflation slows and economic growth falters, but provided almost no clues to its next step, even as investors bet on steady policy easing in the months ahead. The ECB lowered its deposit rate by 25 basis...
Bank of England Eyes Growth With Lighter Bank Capital Reforms for UK Lenders
Date: September 12, 2024
By Sinead Cruise LONDON (Reuters) -The Bank of England aims to roll out revised new rules on how much capital UK banks must set aside to cope with future crises, as it juggles efforts to shock-proof lenders while supporting growth and without hurting their global commercial interests. The regulatory arm of the central bank said...
Skyview Acquisition of Omm Shows Potential of Immersive Experiences in Capital Markets and Retail Banking
Date: September 11, 2024
In the rapidly evolving landscape of financial services, the adoption of immersive experiences is emerging as a transformative force that could redefine how banks and capital markets engage with clients and employees. Immersive experiences, which encompass technologies like virtual reality (VR) and augmented reality (AR), offer novel ways to blend digital interfaces with physical environments,...
German Bank Shares Slide, DAX Underperforms
Date: September 11, 2024
LONDON (Reuters) – German bank shares were among the worst performing European equities on Tuesday, as a selloff in U.S. lenders following downbeat comments from the boss of Goldman Sachs rippled through European markets. Deutsche Bank shares closed down 4.9%. Analysts flagged a possible readacross from comments on Monday evening by Goldman Sachs chief...