Banking And Credit

European Central Bank concerned by economic slowdown

Feb 21, 2019

Top officials of the European Central Bank worried at their last meeting that the slowdown in economic growth might be "deeper and more broad-based" than previously suspected

French court hits Swiss bank UBS with $5.1 billion penalty

Feb 20, 2019

A French court has ordered Swiss bank UBS to pay more than 4.5 billion euros ($5.1 billion) in fines and damages for helping wealthy French clients evade tax authorities

Man fatally shot by Amsterdam police was carrying fake gun

Feb 7, 2019

Prosecutors say a man fatally shot by police near the Dutch central bank was carrying a fake weapon and may have been attempting to incite officers into killing him

2 Australian bankers criticized by misconduct inquiry quit

Feb 7, 2019

National Australia Bank CEO, chairman resign following criticism in scathing report on financial misconduct

Asian markets rise on hopes for interest rate cuts

Feb 7, 2019

Asian markets rise on hopes for interest rate cuts after RBA speech

Dutch police kill gunman near Netherlands central bank

Feb 6, 2019

Dutch police say they have shot and killed an armed person on a street next to the country's central bank

Australia's Commonwealth Bank's 2H profit falls to $3.3B

Feb 6, 2019

Commonwealth Bank of Australia six-month profit down 6 percent

Australia's largest banks may face prosecution after probe

Feb 4, 2019

Australia's largest banks may face prosecution after probe finds impunity toward widespread misconduct

ECB: Trade peace would remove big drag on eurozone growth

Jan 28, 2019

European Central Bank head Mario Draghi says that much of the drag on the eurozone economy would ease if "clarity and peace" were to break out in the trade dispute between the U.S. and China

The Latest: Aging societies seen posing risks to economy

Jan 25, 2019

Aging populations threaten to slow economic growth in the world's advanced economies and destabilize the banking system, the head of Japan's central bank says.

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