Business
Will there be a bank holiday after England won Euro 2025?
Downing Street has no plans for a bank holiday to mark the Lionesses' Euro 2025 win, the BBC understands. England made history on Sunday…
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Global Stocks Dip Ahead of Trump's Tariff Deadline and Key Central Bank Decisions
Investors around the world retreated from the stock market on Friday to lock in profits after a strong week. The MSCI global stock index…
Business
Trump, Fed chief Powell bicker during tense central bank visit
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting on Thursday as the president toured the…
Business
Deutsche Bank posts better-than-expected Q2 profit
Deutsche Bank returned to a better-than-expected profit in the second quarter from a year ago despite mixed results at its global…
Business
Deutsche Bank beats profit expectations despite deal slump, strong euro
Deutsche Bank returned to a better-than-expected profit in the second quarter from a loss a year ago as trading earnings helped offset…
Business
Bank of Japan watchers still predict next rate hike in October or January
Bank of Japan (BOJ) watchers increasingly expect authorities to raise the benchmark interest rate either in October or January, according…
Business
Bank of America to buy back US$40 billion of shares in new programme
The announcement follows buyback plans from some of the biggest US banks after they passed this year’s US Federal Reserve stress tests…
Business
PNC taps Coinbase to create crypto trading offering for bank customers
The banking industry has fiercely resisted accusations that it denies services based on ideological reasons Bank is working with…
Business
Thai Cabinet approves Vitai Ratanakorn as next central bank chief
Thailand’s cabinet on Tuesday (Jul 22) gave its approval for Vitai Ratanakorn to be the next governor of the Bank of Thailand, a…
Business
Instead of being a universal bank across Asean, CIMB wants to have niche in each market: group CEO
CIMB wants to find its niche in each of the markets it operates in, instead of trying to serve every customer segment across Asean, said…
Business
Bank of England considers shelving plans for a digital pound
Bank of England (BOE) officials are mulling whether to set aside plans to create a digital pound for households amid growing scepticism…
Business
Gold steady as investors await US trade updates, central bank meetings
GOLD prices were little changed on Monday as investors monitored developments in US trade talks and awaited potential market-moving…
Business
Asset manager IPCG accuses Deutsche Bank of breaching agreement, files lawsuit
Asset manager Invest Partners Capital Group (IPCG) is suing Deutsche Bank for allegedly breaching a contractual agreement governing their…
Business
IPCG accuses Deutsche Bank of breaching agreement, files lawsuit
Asset manager Invest Partners Capital Group (IPCG) is suing Deutsche Bank for allegedly breaching a contractual agreement governing their…
Business
G20 finance chiefs back central bank independence in first communique since October
[DURBAN, South Africa] Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging…
Business
Hong Kong’s US$25 billion pile of soured debt spurs talks to form ‘bad bank’
The pile of non-performing loans (NPLs) at Hong Kong lenders has grown so large that some in the industry have discussed the creation of a…
Business
US: S&P 500, Nasdaq open higher after inflation data; focus on bank earnings
The Nasdaq and the S&P 500 opened higher on Tuesday (Jul 15) after fresh inflation data, while banking heavyweights kicked off the…
Business
SMFG said to eye US$1.1 billion additional investment in Yes Bank: sources
The fresh investment would bring the total amount to US$2.7 billion, giving SMFG a roughly 25% stake in Yes Bank Sumitomo Mitsui Financial…
Business
Thailand to name Vitai as central bank chief, reports say
Thailand is poised to name veteran banker Vitai Ratanakorn as the next governor of the central bank, local media reported ahead of a…
Business
Thailand to pick rate-cut advocate Vitai Ratanakorn as central bank chief
Thailand is poised to name veteran banker Vitai Ratanakorn as the next governor of the central bank, sources familiar said, selecting an…
Business
Bank of England governor says jobs slowdown could prompt rate cut; European markets fall after Trump tariff threat – business live
Introduction: Bank of England could cut rates faster if jobs market slows, governor says Good morning, and welcome to our rolling coverage…
Business
BOJ finishes offloading bank stocks, bringing focus to ETFs
The Bank of Japan (BOJ) finished selling millions of US dollars of stocks it bought from besieged banks during a domestic banking crisis…
Business
Bank of Japan is said likely to consider raising inflation forecast
The central bank will update its quarterly outlook report at the end of its meeting on Jul 31 Bank of Japan (BOJ) officials are likely to…
Business
Bank of Japan likely to consider raising inflation forecast: sources
The central bank will update its quarterly outlook report at the end of its meeting on Jul 31 Bank of Japan (BOJ) officials are likely to…