Banking And Credit

Germany tightens cash transfer rules as Iran seeks funds

Aug 4, 2018

Germany's central bank is changing its terms and conditions to provide for deeper scrutiny of cash transfers, a move that comes as Iran seeks to repatriate cash held in a Hamburg-based bank and the U.S. presses allies to get tough on Tehran

Asian markets mixed ahead of Bank of Japan policy statement

Jul 31, 2018

Asian markets are mixed ahead of a key statement by the Bank of Japan, which could indicate a tightening of its monetary policy

Stocks mostly dip amid tech wobbles, ahead of central banks

Jul 30, 2018

World stocks are mostly lower after technology stocks took a hit last week and as investors monitor policy announcements of major central banks.

European Central Bank says rates will remain low for months

Jul 26, 2018

The European Central Bank says interest rates will stay low well into next year, even though the U.S. Federal Reserve is expected to raise rates again.

The Latest: Europe's top banker encouraged by US trade talks

Jul 26, 2018

The head of the European Central Bank says the agreement struck between the European Union and the U.S. to defuse trade tensions is "a good sign."

European Central Bank keeps its key interest rates, stimulus settings on hold

Jul 26, 2018

European Central Bank keeps its key interest rates, stimulus settings on hold

Investment banking buoys Q2 profits at Swiss bank UBS

Jul 24, 2018

Swiss bank UBS says second-quarter net profit rose nine percent behind soaring gains in investment bank income and strong growth in its key global wealth management business

ECB research says stimulus didn't favor the rich

Jul 18, 2018

The European Central Bank is quietly pushing back against criticism of its stimulus policies, publishing a research paper from economists who found the bank's efforts did not increase inequality in wealth or income

Asian stocks rise as solid US performance lifts spirits

Jul 18, 2018

Asian stocks rise as Fed comments, solid US performance lifts spirits

World markets turn lower ahead of comments by Fed chair

Jul 17, 2018

World stock markets are mostly lower as investors looked ahead to Federal Reserve Chairman Jerome Powell's testimony to Congress for clues on U.S. interest rates.

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