[ad_1] LONDON/JAKARTA (Reuters) – Unregulated British firm Financial.org, which is on eight watchdogs’ alert lists, has closed all investors’ dollar accounts and converted the balances to its new cryptocurrency, according…
Tag: Financials (TRBC level 1)
Italy’s Target2 debt hits new record high, ECB’s funding to banks rises
[ad_1] MILAN, July 7 (Reuters) – Italy’s liabilities towards other euro zone central banks hit a new all-time high in June, as the country’s lenders rushed to borrow from the…
Citi, Credit Suisse drop China’s Ucommune U.S. IPO over valuation -sources
[ad_1] By Scott Murdoch, Julie Zhu SYDNEY/HONG KONG (Reuters) – Citigroup Inc C.N and Credit Suisse Group AG CSGN.S have dropped out of the U.S. initial public offering of Chinese…
Nexi’s private equity owners sell 8.8% stake at 14.2 euros/share
[ad_1] MILAN (Reuters) – Mercury UK, a vehicle of private equity firms that hold a controlling stake in Nexi NEXII.MI, has placed an 8.8% stake in the Italian payments group…
Money laundering could affect financial stability, Danish central bank warns
[ad_1] By Teis Jensen, Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – A money laundering scandal at Danske Bank DANSKE.CO involving billions of euros of suspicious flows is serious enough to potentially affect…
Deutsche cuts back correspondent banking after Danske scandal
[ad_1] FILE PHOTO: The headquarters of Germany’s Deutsche Bank are seen early evening in Frankfurt, Germany January 31, 2017. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) – Deutsche Bank has sharply scaled…
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…