Euro zone banks should be legally bound to climate transition plans, ECB says

[ad_1] FRANKFURT, Oct 20 (Reuters) – Euro zone banks should be legally bound to adopt plans that spell out how they will mitigate their exposure to climate-related risks over the…

Yellen to attend G20 meeting in Rome, U.N. climate talks – Treasury

[ad_1] WASHINGTON, Oct 21 (Reuters) – U.S. Treasury Secretary Janet Yellen will participate in high-level Group of 20 meetings in Rome next week and attend in a United Nations climate…

Explainer: Credit Suisse bondholders seek legal advice on AT1 wipe-out

[ad_1] LONDON, March 23 (Reuters) – Credit Suisse (CSGN.S) bondholders are seeking legal advice after the Swiss regulator ordered 16 billion Swiss francs ($17.5 billion) of Additional Tier-1 (AT1) debt…

Central banks keep hiking rates amid banking turmoil

[ad_1] March 23 (Reuters) – The Bank of England on Thursday followed the Federal Reserve and the Swiss National Bank in hiking interest rates, as policymakers ploughed on with their…

ECB slowly trims carbon footprint of its bond stash

[ad_1] FRANKFURT, March 23 (Reuters) – The European Central Bank has trimmed the carbon intensity of its 385-billion-euro stash of corporate bonds but the dwindling of purchases is slowing its…

China to talk with Ghana over debt restructuring proposal -foreign ministry

[ad_1] BEIJING, March 23 (Reuters) – China would like to enhance communications with Ghana to seek proper resolution of Ghana’s debt issue, its foreign ministry said on Thursday, Spokesperson Wang…

India seeks data on state-bank bond portfolios amid global banking turmoil – sources

[ad_1] MUMBAI, March 23 (Reuters) – India has asked state-owned lenders to submit details of their bond portfolios ahead of a quarterly meeting between the government and banks this Saturday,…

US business equipment borrowings grow 11% in February – ELFA

[ad_1] March 22 (Reuters) – U.S. companies borrowed 11% more in February than last year to finance equipment investments, industry body Equipment Leasing and Finance Association (ELFA) said on Wednesday.…

Analysis: Credit Suisse collapse threatens Switzerland’s wealth management crown

[ad_1] ZURICH, March 22 (Reuters) – The fall of Credit Suisse (CSGN.S) has dealt a serious blow to Switzerland’s credentials as the world’s leading wealth management centre, experts warn, calling…

Fed in spotlight as US authorities focus on stability, First Republic

[ad_1] March 22 (Reuters) – U.S. authorities are set to explore ways to bolster financial stability, along with steps to tackle the problems facing First Republic Bank, as central banks…