Showing 30 results for 'Banking'
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A French appeals court has cut the amount of damages owed by trader Jerome Kerviel to his former employer Societe Generale to a million euros.
The Bank of Japan is changing tack as it tries to get the economy growing again with an increased emphasis on the amount of interest paid to investors who buy government bonds.
Bundesbank's Jens Weidmann warns of the risks to London as a financial centre after Britain leaves the European Union.
US investment bank Lehman Brothers collapsed on September 15, 2008, sparking the the global financial crisis, the effects of which the world is still feeling.
New chief executive Marco Morelli has taken over at struggling Italian bank Monte dei Paschi di Siena which has to raise five billion euros to survive.
Spain's government has reportedly admitted it will never get back much of the more than 50 billion euros used to bail out the countries' banks according to a report the newspaper El Pais.
Spain’s former industry minister has withdrawn his application for an executive job at the World Bank.
The boss of Deutsche Bank has said there should be more cross-border bank mergers in Europe to counter "scattered regionalism".
A small co-operative bank in the picturesque town of Gmund in Bavaria is turning financial norms upside down.
Royal Bank of Scotland has sunk deeper into the red and said it is likely to take even longer than expected to return to profit.
Britain's central bank has unveiled a series of stimulus measures to help protect the economy from the effects of the vote to leave the European Union.
UK finance minister Philip Hammond has welcomed the stimulus measures announced by the Bank of England; in reaction London's FTSE 100 share index rose and the pound fell in value.
The UK's central bank has cut its base interest rate for the first time in seven years, from 0.5 percent to 0.25 percent - a new record low
Italian bank Monte dei Paschi di Siena is reportedly about to be removed from the STOXX Europe 600 index - a listing of the region's top shares.
HSBC.,Europe's biggest bank, just reported a 29 percent drop in pretax profits for the first half of 2016 and will buy back $2.5 billion worth of shares.
Italy's Prime Minister Matteo Renzi has been talking up the country's third largest bank, Banca Monte dei Paschi di Siena, even after it received the worst score in Europe-wide stress tests.
Former rogue UBS trader Kweku Adoboli warns banks are still pressuring employees to make profits "no matter what" and his crimes could be repeated.
One of the world’s oldest banks has fared worst in the European Banking Authority’s latest stress tests.
Banks from Italy, Ireland, Spain and Austria have come out worst in the latest European Union stress test.
France is calling for the EU to tighten rules on commissioners taking appointments after leaving office.
Accused of putting out "scare stories" and "phony forecasts" before the EU referendum, Bank of England Governor Mark Carney has defended warnings about the economic risks of Brexit.
Deutsche Bank's chief economist David Folkerts-Landau wants the European Union to set up a 150 billion euro rescue fund to recapitalise European banks and address "one crisis after another".
A mountain of bad debts and a lack of capital reserves are fueling an Italian banking crisis, which has been thrown into sharp focus by Britain's vote to leave the European Union.
France has stepped up its efforts to grab some of the London banking business that could be displaced by Britain's decision to leave the European Union.
The Bank of Japan held back from offering any further economic stimulus, despite weak inflation and poor global growth.
Russia's central bank has cut its main interest rate by 0.5 percent to 10.5 percent, signaling confidence by its policymakers that inflation risks are declining.