Canadian banks prepare for shaky economy, more bad loans

[ad_1] The moon rises over the Toronto city skyline as seen from Milton, Ontario, Canada, January 23, 2016. REUTERS/Mark Blinch/File Photo Acquire Licensing Rights TORONTO, Dec 4 (Reuters) – Canadian…

Breakingviews – Private equity double-dips are a tasty faux pas

[ad_1] An unidentified man using a smartphone walks through the Canary Wharf financial district in the evening light in London, Britain, September 28, 2018. REUTERS/Russell Boyce Acquire Licensing Rights LONDON,…

COP28: AIIB to host 2024 global summit of public development banks

[ad_1] LONDON, Dec 4 (Reuters) – The Asian Infrastructure Investment Bank will host the next meeting of ‘Finance in Common’, a network of public development banks, in 2024 – the…

Islamic State claims responsibility for deadly Philippine bombing

[ad_1] Dec 3 (Reuters) – The Islamic State group claimed responsibility for an attack on a Catholic mass in the Philippines on Sunday that killed at least four people and…

Exclusive: Swiss authorities, banks mull new rules to prevent bank runs -sources

[ad_1] LONDON/ZURICH, Nov 3 (Reuters) – Swiss authorities and lenders, including UBS (UBSG.S), are discussing new measures to prevent bank runs after Credit Suisse’s rescue earlier this year, four sources…

UBS to expand presence in U.S. market – Swiss paper

[ad_1] A UBS logo is seen next to Credit Suisse at the Bahnhofstrasse before a news conference of Swiss bank UBS in Zurich Switzerland, August 30, 2023. REUTERS/Denis Balibouse/File Photo…

Worldline weighs asset sales to shore up investor confidence -sources

[ad_1] The logo of payments company Worldline is seen at the company headquarters in the financial and business district of La Defense, near Paris, France, October 26, 2023. REUTERS/Gonzalo Fuentes/File…

Norway sovereign wealth fund to co-lead class action in SVB bankruptcy

[ad_1] Silicon Valley Bank (SVB) logo is seen through broken glass in this picture illustration taken March 16, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights OSLO, Dec 1 (Reuters) –…

UAE president announces $30 bln fund to bridge climate finance gap

[ad_1] President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan attends the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 1, 2023. REUTERS/Amr…

Saudi Arabia NEOM Investment fund to hold 6% in Italy’s Technogym

[ad_1] The logo of Technogym is seen in a gym machine in Rome, Italy in this March 26, 2016. REUTERS/Tony Gentile/File Photo Acquire Licensing Rights ROME/MILAN, Dec 1 (Reuters) –…