Italy’s Banco BPM to grow investor payback as rates decline

[ad_1] MILAN, Dec 12 (Reuters) – Italy’s Banco BPM (BAMI.MI) on Tuesday pledged to moderately grow profits through 2026 as net fees offset declining interest rates, allowing it to increase…

Germany’s Kuehne examines offer for Signa’s Hamburg skyscraper, Handelsblatt reports

[ad_1] View of the construction site of the Elbtower building, owned by Rene Benko’s Signa and a Commerzbank subsidiary, in Hamburg Germany, November 2, 2023. REUTERS/Fabian Bimmer/File Photo Acquire Licensing…

PNC sees growth opportunity in capital-led market disruptions

[ad_1] PNC Financial Services Group President and CEO William Demchak testifies during a U.S. House Financial Services Committee hearing titled “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks”…

Stocks, US yields fall as investors gauge economic sturdiness

[ad_1] [1/2]The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 27, 2023. REUTERS/Staff/File Photo Acquire Licensing Rights NEW YORK, Dec 5 (Reuters)…

Fall in euro zone Nov business activity adds to recession expectations -PMI

[ad_1] A waiter picks up the terrace of the Zurich bar at Placa de Catalunya in Barcelona, Spain April 4, 2023. REUTERS/Nacho Doce/File Photo Acquire Licensing Rights LONDON, Dec 5…

As Japan emerges from deflation, banks get wake-up call on interest rate swing

[ad_1] Banks say mindset change needed to capitalise on higher rates MUFG Bank held over 70 study sessions for front-line bankers Overbanking issues may delay increases in bank lending rates…

Canadian banks prepare for shaky economy, more bad loans

[ad_1] The moon rises over the Toronto city skyline as seen from Milton, Ontario, Canada, January 23, 2016. REUTERS/Mark Blinch/File Photo Acquire Licensing Rights TORONTO, Dec 4 (Reuters) – Canadian…

Bitcoin breaks $40,000 as momentum builds

[ad_1] Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File photo Acquire Licensing Rights Bitcoin and ether…

Islamic State claims responsibility for deadly Philippine bombing

[ad_1] Dec 3 (Reuters) – The Islamic State group claimed responsibility for an attack on a Catholic mass in the Philippines on Sunday that killed at least four people and…

Exclusive: Swiss authorities, banks mull new rules to prevent bank runs -sources

[ad_1] LONDON/ZURICH, Nov 3 (Reuters) – Swiss authorities and lenders, including UBS (UBSG.S), are discussing new measures to prevent bank runs after Credit Suisse’s rescue earlier this year, four sources…