Banks should slow deposit withdrawals, prepare better collateral to evade crises – SNB

[ad_1] Vice-Chairman of the Swiss National Bank (SNB) Martin Schlegel attends a news conference in Zurich, Switzerland, March 23, 2023. REUTERS/Denis Balibouse/File photo Acquire Licensing Rights Liquidity assistance alone not…

Ping An exited its Country Garden stake, has no takeover plan – Bloomberg News

[ad_1] [1/2]A crossing guard guides the flow of traffic near the Ping An International Financial Center in Beijing, China November 8, 2023. REUTERS/Tingshu Wang Acquire Licensing Rights Nov 8 (Reuters)…

Citigroup to pay $25.9 mln for targeting Armenian-American card applicants

[ad_1] The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren Acquire…

Ping An loses $2.1 billion in market value, China property rallies on Country Garden rescue report

[ad_1] Company logo of Ping An Insurance Group is shown at a news conference following the company’s announcement of its annual results in Hong Kong, China March 16, 2016. REUTERS/Bobby…

Wave of cancellations in German housing construction at new high – Ifo

[ad_1] Construction sites are photographed in Frankfurt, Germany, July 19, 2023. REUTERS/Kai Pfaffenbach/File Photo Acquire Licensing Rights BERLIN, Nov 6 (Reuters) – Germany’s residential construction sector was again hit by…

SoftBank’s WeWork, once most valuable US startup, succumbs to bankruptcy

[ad_1] Nov 6 (Reuters) – WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on…

Private credit sees opportunity in Australia real estate as banks hesitate

[ad_1] Qualitas, PGIM Real Estate expanding private credit footprint Investors eye meaty returns of high single to low double digits Commercial property bank lending slows to pandemic levels SYDNEY, Nov…

SAS secures $505 million financing to aid restructuring

[ad_1] The tail fin of a parked Scandinavian Airlines (SAS) airplane is seen on the tarmac at Copenhagen Airport Kastrup in Copenhagen, Denmark, July 3, 2022. REUTERS/Andrew Kelly/File Photo Acquire…

Buffett’s Berkshire posts bigger loss as stocks fall; operating profit sets record

[ad_1] Berkshire Hathaway shareholders walk by a video screen at the company’s annual meeting in Omaha May 4, 2013. REUTERS/Rick Wilking/File Photo Acquire Licensing Rights Nov 4 (Reuters) – Warren…

Banks face more than a million outstanding UK COVID loans

[ad_1] Rows of houses lie in front of the Canary Wharf skyline in London, Britain, March 19, 2023. REUTERS/Henry Nicholls/File Photo Acquire Licensing Rights LONDON, Nov 3 (Reuters) – Britain’s…