capital-and-liquidity
BankingBanks Rally After Stress Test, Bank of America Underperforms
Top StoriesEuropean Banks Ace U.S. Fed’s Stress Test, Show Strong Capital Levels
Top StoriesCredit Suisse Pays up to Redeem AT1 Bond, Sends ‘message to the Market’
Top StoriesCredit Suisse Pays up to Redeem A1 Bond, Sends ‘message to the Market’
BNP Paribas Approached Dutch State to Buy Abn, Source Says
Date: June 17, 2022
BRUSSELS (Reuters) – French lender BNP Paribas signalled to the Dutch government an interest in taking over state-owned bank ABN Amro, a deal the finance ministry is not pursuing for now, a person with knowledge of with the matter said on Friday. An earlier report on the approach by Bloomberg News sent ABN Amro shares...
Airbus A321XLR Jetliner Stages Maiden Flight
Date: June 15, 2022
By Jan Schwartz HAMBURG (Reuters) -Airbus on Wednesday staged the maiden flight of its newest and largest narrowbody airliner, the A321XLR, as the European planemaker seeks to capitalise on lucrative demand for long-range single-aisle jets. The twin-engined passenger jet took off at 11:05 a.m. (0905 GMT) from a factory in Hamburg, Germany, ahead of more...
UK Banks No Longer Too Big to Fail, Says BoE
Date: June 10, 2022
By Iain Withers and Sinchita Mitra LONDON (Reuters) – The Bank of England is satisfied lenders have taken steps to ensure they are no longer “too big to fail” in any future crisis, it said on Friday, though it did find shortcomings at three leading banks. The BoE is aiming to stop banks from requiring...
Factbox-Elon Musk Hints at an Impending Recession
Date: June 3, 2022
(Reuters) – Tesla Inc Chief Executive Officer Elon Musk on Friday sent an email to his executives ordering a hiring freeze and job cuts, making the email his most direct message on the risks of a recession. The billionaire has taken to Twitter several times in the recent past to share his thoughts on a...
Russia Won’t Close Tsar Peter’s ‘window to Europe’, Kremlin Says
Date: June 2, 2022
LONDON (Reuters) – The Kremlin said on Thursday that Russia did not plan to close “the window” to Europe which Tsar Peter the Great sought to open 300 years ago even though the West has imposed the most onerous sanctions in recent history over Russia’s invasion of Ukraine. Russia’s Feb. 24 invasion has killed thousands,...
British Insurer Aviva Leaves Door Open to Return More Capital
Date: May 18, 2022
By Carolyn Cohn LONDON (Reuters) -Aviva may be able to give more cash back to shareholders, its chief executive said on Wednesday, as the British insurer reported a 5% increase in general insurance sales in the first quarter and said its capital position was strong. Aviva’s Solvency II ratio, a key measure of capital strength,...