Banking And Credit

Australia bows to pressure with inquiry into bank misconduct

Nov 30, 2017

The Australian government has bowed to growing pressure by announcing a high-level inquiry into misconduct in Australia's financial sector

South Korea's central bank raises key interest rate to 1.50 percent from record low of 1.25 percent

Nov 30, 2017

South Korea's central bank raises key interest rate to 1.50 percent from record low of 1.25 percent

ECB warns global markets could face sudden drop

Nov 29, 2017

The European Central Bank says broad-based growth is keeping banks and markets stable in the 19-country eurozone _ but warned that increased risk-taking during the good times presents a hazard for down the road

French far-right leader says party's bank shut its accounts

Nov 22, 2017

Marine Le Pen, head of France's far-right National Front, says that the party's long-time bank, Societe Generale, has closed its accounts in what she says amounts to a "banking fatwa" to suffocate it

Swiss bank HSBC to pay France $352 million in tax fraud case

Nov 14, 2017

French financial prosecutors say Swiss-based HSBC Private Bank has agreed to pay 300 million euros ($352 million) to the French government to close a tax fraud case, a first in the country

European Central Bank to reduce stimulus _ but slowly

Oct 26, 2017

The European Central Bank will ease the pace of its bond-buying stimulus program _ dialing back a measure that has helped the eurozone economy recover from a debt crisis that threatened to break up the bloc

The Latest: European Central Bank to dial back stimulus

Oct 26, 2017

The European Central Bank says it will cut its bond purchases to 30 billion euros per month from 60 billion euros currently, starting in January

European Central Bank unveils plans to dial back its bond-buying stimulus program

Oct 26, 2017

European Central Bank unveils plans to dial back its bond-buying stimulus program

What to watch for at the European Central Bank meeting

Oct 25, 2017

With the economy growing, the European Central Bank is expected to sketch out a road map at Thursday's meeting for a gradual exit from its extraordinary monetary stimulus program

Europe's easy money taps to be tightened _ very slightly

Oct 20, 2017

The economy in the 19 countries that use the shared euro currency is growing ever stronger, and it's time for the European Central Bank to start telling the public how it will phase out its extraordinary stimulus measures

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