banks

© Reuters. FILE PHOTO: Traders work at the New York Stock Exchange (NYSE) in New York City, US, June 22, 2023. REUTERS/Brendan McDiarmid Written by Sruthi Shankar and Yohan M Cherian (Reuters) - US stock index futures rose on…

Fintech company Capitolis leveraged the optimization solution of the UK Clearing House, LCH, to enable banks to better manage risk in the foreign exchange industry, particularly in forwards, swaps and cross-currency swaps.According to a…

Bank of Israel Governor Prof. Amir Yaron has sent a scathing letter to Prime Minister Benjamin Netanyahu asking him to withdraw a bill approved yesterday by the Ministerial Committee for Legislation that requires banks to…

PacWest (PACW) has announced the sale of $3.5 billion in loans to alternative investment manager Ares Management, providing another boost for a regional bank that was battered during industry chaos earlier this year.The deal, the latest of…

© Reuters. Investing.com - The US dollar rose in early European trade on Friday, as more aggressive monetary tightening by a series of central banks, including the Bank of England, sparked a risk-off bout. At 02:00 ET (06:00 GMT),…

The Monetary Authority of Singapore (MAS) has fined Citibank, DBS Bank and Oversea-Chinese Banking Corp. (OCBC) and Swiss Life, for a total of S$3.8 million (US$2.83 million) alleging anti-money laundering and anti-money laundering offense…

A collaborative effort between the Associazione Bancaria Italiana (ABI) and the Bank of Italy brought together a group of banks in a central bank digital currency (CBDC) pilot program. It is referred to as…

Start Up Loans, part of British Business Bank, today announced Virgin StartUp and BizBritain as Local Business Support Partners (BSPs). The two organizations will work with Start Up Loans to provide funding and support to small…

Chancellor Jeremy Hunt will call on banks to tackle what one Tory MP described as a "mortgage bomb about to go off", but ruled out providing financial support to families struggling with the rising cost of mortgages.On Tuesday, Hunt…

Economy Daniel arap Moi's land ruling by the Supreme Court sends banks and buyers into panic Monday 19 June 2023 President Daniel arap Moi greets supporters after being sworn in for a final five-year term in Nairobi. file image…