Banking investment


 Swiss government awards $9.7 million contract related to Credit Suisse - UBS merger

Swiss government awards $9.7 million contract related to Credit Suis...

April 18, 2023 12:43 AM AEST | By Reuters

By Oliver Hirt ZURICH (Reuters) - The Swiss government has awarded an advisory mandate worth up to 8.7 million Swiss francs ($9.70 million) to Alvarez...


 U.S. bank giants ride rate rises, keep storm clouds at bay

U.S. bank giants ride rate rises, keep storm clouds at bay

April 15, 2023 01:06 AM AEST | By Reuters

By Nupur Anand, Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) - U.S. banking heavyweights reaped windfalls from higher interest payments in the f...


 Travel ban on Lebanon's central bank governor lifted - prosecutor

Travel ban on Lebanon's central bank governor lifted - prosecutor

April 14, 2023 03:14 AM AEST | By Reuters

CAIRO (Reuters) - A travel ban on Lebanon's central bank governor Riad Salameh was lifted on Thursday, public prosecutor Ghada Aoun told Reuters, in a...


 EU to speed up how regulators tackle failing banks - EU documents

EU to speed up how regulators tackle failing banks - EU documents

April 12, 2023 11:55 PM AEST | By Reuters

By Huw Jones LONDON (Reuters) - European Union plans, due next week, will seek to speed up handling of failing banks to ensure they are not bailed out...


 Credit Suisse pays back some emergency liquidity, central bank data suggests

Credit Suisse pays back some emergency liquidity, central bank data...

April 11, 2023 08:26 PM AEST | By Reuters

ZURICH (Reuters) - Credit Suisse has already paid back some of the emergency liquidity offered by the Swiss National Bank (SNB), data suggested on Tue...


 Japan's new central bank chief assumes office as global risks loom

Japan's new central bank chief assumes office as global risks loom

April 10, 2023 11:41 AM AEST | By Reuters

By Leika Kihara TOKYO (Reuters) - Japan's new central bank governor Kazuo Ueda faces a bumpy road as slowing global growth clouds prospects for a sust...


 Exclusive-Revolut audit queries, skittish regulators complicate its UK licence bid -sources

Exclusive-Revolut audit queries, skittish regulators complicate its...

April 07, 2023 06:39 AM AEST | By Reuters

By Stefania Spezzati and Amy-Jo Crowley LONDON (Reuters) - After the accuracy of Revolut Ltd.'s accounts drew scrutiny from regulators, the firm's pla...


 Vietnam central bank: facing pressure to support growth while maintaining stability

Vietnam central bank: facing pressure to support growth while mainta...

April 03, 2023 07:01 PM AEST | By Reuters

HANOI (Reuters) - Vietnam's central bank said on Monday it is facing pressure to support economic growth while keeping the banking system and the fore...


 Thailand's economic activity improves in February -central bank

Thailand's economic activity improves in February -central bank

March 31, 2023 06:46 PM AEDT | By Reuters

BANGKOK (Reuters) - Thailand's economy in February continued to improve compared with the previous month as the value of exports rose while private co...


 Swiss authorities reveal cost of Credit Suisse's liquidity lifeline

Swiss authorities reveal cost of Credit Suisse's liquidity lifeline

March 30, 2023 10:51 PM AEDT | By Reuters

By Noele Illien ZURICH (Reuters) - Switzerland's authorities revealed the interest rates Credit Suisse and UBS will pay for the 250 billion Swiss fran...


 Kenyan shilling flat as interbank trading stabilises market

Kenyan shilling flat as interbank trading stabilises market

March 30, 2023 09:27 PM AEDT | By Reuters

NAIROBI (Reuters) - The Kenyan shilling traded flat against the dollar on Thursday, as the long-dormant interbank market picked up steam, helping to m...


 US pending home sales rise for third straight month; loan demand increases

US pending home sales rise for third straight month; loan demand inc...

March 30, 2023 02:29 AM AEDT | By Reuters

By Lucia Mutikani WASHINGTON (Reuters) - Contracts to buy U.S. previously owned homes increased for a third straight month in February, raising cautio...


 US consumer finance chief calls for better risk management at banks, fintechs

US consumer finance chief calls for better risk management at banks,...

March 29, 2023 10:28 AM AEDT | By Reuters

By Nupur Anand and Tatiana Bautzer (Reuters) - The recent failures of mid-size U.S. lenders show the need for more robust risk management at banks and...


 Nestle to examine banking relationships following Credit Suisse downfall

Nestle to examine banking relationships following Credit Suisse down...

March 28, 2023 07:40 PM AEDT | By Reuters

ZURICH (Reuters) - Nestle will examine its banking relationships following the planned takeover of Credit Suisse by UBS, the food group's Chief Execut...


 Zurich bank looks to capitalise on Credit Suisse's demise

Zurich bank looks to capitalise on Credit Suisse's demise

March 28, 2023 01:21 AM AEDT | By Reuters

By Noele Illien ZURICH (Reuters) - The largest of Switzerland's state-owned cantonal banks expects a boost in growth from the planned merger of UBS an...


 Dollar gains against yen as banking fears ease

Dollar gains against yen as banking fears ease

March 28, 2023 01:11 AM AEDT | By Reuters

By Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar rose to a two-day high against the Japanese yen on Monday as authorities' efforts to rein in worr...


 Swiss sight deposits jump, suggesting Credit Suisse, UBS took emergency liquidity

Swiss sight deposits jump, suggesting Credit Suisse, UBS took emerge...

March 27, 2023 08:16 PM AEDT | By Reuters

ZURICH (Reuters) - Sight deposits held by the Swiss National Bank (SNB) jumped last week, data showed on Monday, suggesting that both Credit Suisse an...


 UBS offers retention packages to Credit Suisse Asia wealth bankers -sources

UBS offers retention packages to Credit Suisse Asia wealth bankers -...

March 24, 2023 03:59 PM AEDT | By Reuters

HONG KONG (Reuters) - UBS promised retention packages to wealth management staff in Asia at Credit Suisse, two people with knowledge of the matter sai...


 Crop merchant Louis Dreyfus posts higher annual sales and profits

Crop merchant Louis Dreyfus posts higher annual sales and profits

March 22, 2023 09:21 PM AEDT | By Reuters

PARIS (Reuters) - Louis Dreyfus Company (LDC) on Wednesday reported a 44% jump in 2022 net profit, joining other global crop merchants with an earning...


 Asia banks may face difficulty bolstering capital via AT1s - Citi

Asia banks may face difficulty bolstering capital via AT1s - Citi

March 22, 2023 11:47 AM AEDT | By Reuters

HONG KONG (Reuters) - Asian lenders may find it difficult to replenish their capital by issuing Additional Tier-1 (AT1) bonds, Citigroup said in a res...


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