[ad_1] By Andreas Rinke, Neil Jerome Morales BERLIN/MANILA (Reuters) – Germany’s opposition called on Monday for a parliamentary inquiry into the collapse of payments firm Wirecard after a global fraud…
Tag: Corporate Banks (TRBC level 5)
Italian bad loan prices must fall to lure back foreign buyers – Axactor Italy
[ad_1] MILAN, Nov 17 (Reuters) – International investors will steer clear of Italian impaired bank loans until prices fall to reflect the higher risks associated with the COVID-19 crisis, the…
Credit Agricole Italy head says bid for Creval is ‘fair’ – paper
[ad_1] FILE PHOTO: A Credit Agricole logo is seen outside a bank office in Vertou near Nantes, France, February 11, 2019. REUTERS/Stephane Mahe MILAN (Reuters) – A cash takeover offer…
BNP Paribas considers axing 250 jobs in Switzerland
[ad_1] By Brenna Hughes Neghaiwi FILE PHOTO: The BNP Paribas logo is seen outside a bank office in Bordeaux, France, October 29, 2019. REUTERS/Regis Duvignau ZURICH (Reuters) – BNP Paribas…
German union in show of strength as Commerzbank’s top duo exits
[ad_1] By Tom Sims, Hans Seidenstuecker FRANKFURT (Reuters) – Commerzbank’s CBKG.DE chief executive and chairman were under pressure from activist investors to axe jobs, but they decided to go first…
Australia calls for new probe into loan pricing by banks
[ad_1] By Sonali Paul, Paulina Duran MELBOURNE (Reuters) – The Australian government has ordered the competition watchdog to investigate why banks failed to fully pass on three official interest rate…
HSBC alleges Zenrock sought multiple loans for same oil cargo – court document
[ad_1] By Roslan Khasawneh, Anshuman Daga SINGAPORE (Reuters) – HSBC Holdings PLC HSBA.L has alleged that Singapore-based Zenrock Commodities Trading Pte Ltd engaged in a series of “highly dishonest transactions”…
ING Polish unit CEO says taking over other banks now would be risky
[ad_1] WARSAW (Reuters) – The chief executive of ING’s Polish unit said on Thursday it would be risky to take over banks in current market conditions, as Poland faces rising…
Wirecard’s missing $2.1 billion didn’t enter Philippine financial system, central bank says
[ad_1] MANILA (Reuters) – None of the $2.1 billion missing from scandal-hit German payments firm Wirecard AG WDIG.DE appears to have entered the Philippine financial system, the central bank said…