As Japan emerges from deflation, banks get wake-up call on interest rate swing

[ad_1] Banks say mindset change needed to capitalise on higher rates MUFG Bank held over 70 study sessions for front-line bankers Overbanking issues may delay increases in bank lending rates…

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…

Bitcoin breaks $40,000 as momentum builds

[ad_1] Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File photo Acquire Licensing Rights Bitcoin and ether…

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…

China’s yuan extends losses, weakening to over 7-month low

[ad_1] SHANGHAI, May 22 (Reuters) – China’s yuan extended losses against the dollar on Friday afternoon to the weakest level in more than seven months, pressured by Beijing’s move to…

Powell says Fed to move ‘carefully’ on interest rates, ‘soft landing’ taking shape

[ad_1] [1/2]Federal Reserve Chair Jerome Powell reacts to introductory remarks before speaking on “Monetary Policy Challenges in a Global Economy” during the international Monetary Fund’s (IMF) annual research conference on…

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) –…

Bank of Montreal misses profit estimates as rainy-day funds grow

[ad_1] A sign for the Bank of Montreal in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing Rights Dec 1 (Reuters) – Bank of Montreal (BMO.TO) on…

Take Five: That most wonderful time of the year

[ad_1] Macy’s Santa Claus appears on the trading floor to celebrate the 97th Macy’s Thanksgiving Day Parade at the New York Stock Exchange (NYSE) in New York City, U.S., November…