Why are U.S. banks flying gold from London to New York?
Why are U.S. banks flying gold from London to New York? - About 8,000 gold bars have been moved out of the Bank of England’s ...
Italy Bank Deals Would Narrow Size Gap to Europe, Panetta Says
Bank of Italy Governor Fabio Panetta said the recent wave of potential banking consolidation in his country would allow them ...
HSBC plans new round of investment bank job cuts next week, starting in Asia, say sources
HSBC Holdings Plc is kicking off a fresh round of job cuts at its investment bank as new Chief Executive Officer Georges ...
Central loan for Wayanad rehab: Conditions 'scary' and 'cruel joke', says minister
Kerala Revenue Minister K Rajan criticized the Centre's loan of Rs 529.50 crore for Wayanad rehabilitation, highlighting its ...
Ameriprise Financial: Strong Asset Growth and Client Cash Revenue Expected Ahead; Valuation Intact
The company’s diversification across wealth management, asset management, and insurance muddies the company’s financials, and investors might discount the company’s valuation because of this.
Global Finance19h
European Banks Pursue Mergers To Gain Competitive Edge
Higher interest rates and improved capital buffers have strengthened European banks’ ability to pursue acquisitions. As rates ...
Starmer on collision course with Trump over VAT and future of Ukraine
Sir Keir Starmer is on a collision course with Donald Trump over the future of Ukraine and the president’s latest threat to ...
Trump tariffs have JPMorgan flying gold from London to New York—but big banks also find an arbitrage opportunity
Fears that Trump could impose a blanket tax on all imports from Europe, including gold, has prompted a massive influx of the ...
The week ahead: UK CPI and wages, Lloyds and HSBC results
UK CPI (Jan) – 19/02 – having cut interest rates by 25bps at its recent meeting the Bank of England will be hoping that the ...
Despite tariff fears European stocks have outperformed Wall Street this year. Here's why UBS thinks that will continue.
In addition, further weakness in the euro - UBS sees it falling to $0.99 by the end of 2025 - would be consistent with improving earnings revisions. A 10% fall in the euro may increase European ...