banking
Banking
Barclays lines up Anna Cross as first female finance chief – Sky News
Banking
UniCredit brings all Italian corporate services under one roof
Banking
Don’t create booms and busts with post-Brexit reforms, Bank of England says
Banking
Currency markets nervously eye Ukraine headlines, take heart from possible summit
Credit Suisse denies wrongdoing after client data leaked to media
Date: February 21, 2022
VIENNA (Reuters) – Credit Suisse said on Sunday it “strongly rejects” allegations of wrongdoing after dozens of media published results of coordinated, Panama Papers-style investigations into a leak of data on thousands of accounts held there in previous decades. One person leaked the information on the accounts ranging from the 1940s to the 2010s to...
Commerzbank sees strong 2022 as quarterly profit trounces estimate
Date: February 18, 2022
By Tom Sims and Frank Siebelt FRANKFURT (Reuters) – Commerzbank swung to better than expected fourth-quarter and annual net profit despite a major overhaul, the German lender said on Thursday and painted a rosy picture for its 2022 outlook. Profit this year will exceed 1 billion euros ($1.14 billion), Commerzbank said, beating analyst forecasts. It added that...
Swiss companies are not hoarding cash, central bank says
Date: February 18, 2022
ZURICH (Reuters) – Swiss companies are not stockpiling cash in their strongrooms and offices to avoid being hit by negative interest rates, a Swiss National Bank (SNB) survey released on Thursday showed. The SNB has charged commercial banks a negative rate of minus 0.75% since January 2015 as part of its strategy to weaken demand for the safe-haven...
Yen bid, bitcoin battered as Ukraine fears leave traders nervous
Date: February 18, 2022
By Alun John HONG KONG (Reuters) – The safe-haven yen gained more ground on the dollar on Friday as U.S. President Joe Biden said Moscow is preparing a pretext to justify a possible attack on Ukraine, also supporting the Swiss franc and hurting bitcoin. The dollar slipped to a new two-week low of 114.78 yen...
Banking, oil stocks drag FTSE 100 lower as Ukraine tensions weigh
Date: February 18, 2022
By Bansari Mayur Kamdar (Reuters) -UK shares fell on Thursday following reports of Ukrainian forces and pro-Moscow rebels trading fire, while weakness in financials and energy stocks further dented sentiment. The blue-chip FTSE 100 declined 0.9%, extending losses from Wednesday, after data showed consumer prices rose at the fastest annual pace in nearly 30 years...
Would you recommend your bank to a friend?
Date: February 18, 2022
By Peter Cunningham, Director of Marketing at BuyaPowa. Well, the answer is clearly yes if you listen to the NPS reported by leading banks, which according to Customergauge listed these scores for 2022: First Republic Bank: 72 first direct: 66 ING Luxembourg: 63 American Express Bank: 52 Royal Bank of Scotland: 51 Etc. When the...