Number of tourists visiting Spain from abroad fell 87% in October

[ad_1] FILE PHOTO: A tourist walks with his suitcase, amid the coronavirus disease (COVID-19) outbreak, in Barcelona, Spain November 23, 2020. REUTERS/Nacho Doce/File Photo MADRID (Reuters) – International tourist arrivals…

U.S. banks’ reluctance to lend cash may have caused repo shock – BIS

[ad_1] LONDON (Reuters) – The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a…

Credit Suisse tests blockchain for processing fund trades

[ad_1] FILE PHOTO: A worker repairs a Credit Suisse sign at a branch in Zurich, Switzerland, on November 1, 2018. REUTERS/Arnd Wiegmann/File Photo LONDON (Reuters) – Credit Suisse’s asset management…

Alok Sharma offers to resign as business minister to lead climate summit – The Times

[ad_1] FILE PHOTO: Britain’s Business Secretary Alok Sharma attends a virtual news conference, amid the coronavirus disease (COVID-19) outbreak, at 10 Downing Street, in London, Britain November 12, 2020. Leon…

Credit Suisse to move Dutch investment banking team to London – source

[ad_1] LONDON, Feb 6 (Reuters) – Credit Suisse is relocating its Dutch investment banking team from Amsterdam to London as the Swiss bank seeks to improve efficiency and profitability, a…

Italy – Factors to watch on May 16

[ad_1] The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For…

Hong Kong police asked banks to freeze ex-lawmaker Hui’s accounts

[ad_1] HONG KONG (Reuters) – Hong Kong police said on Monday they had asked banks to freeze Ted Hui’s accounts because they suspected money-laundering by the ex-lawmaker, who fled to…

Mid-size bank mergers should be encouraged – Bank of Italy

[ad_1] ROME (Reuters) – Mergers among Italian mid-size lenders should be encouraged to boost profitability in the sector, Bank of Italy Director General Salvatore Rossi said on Tuesday. Italy’s banking…

China says highly concerned about openness, safety of foreign investment in UK market

[ad_1] FILE PHOTO: A Huawei sign is seen on its store at a shopping complex in Beijing, China, July 14, 2020. REUTERS/Tingshu Wang/File Photo BEIJING (Reuters) – The Chinese foreign…

Intesa offers to buy Veneto banks’ healthy assets for 1 euro

[ad_1] By Silvia Aloisi, Andrea Mandala MILAN (Reuters) – Italy’s biggest retail bank Intesa Sanpaolo ISP.MI on Wednesday set tough conditions on an offer to buy the healthy assets of…