Thursday , 21 May 2026

Recent Posts

Barclays plans to slash 60 jobs at investment bank

Bloomberg Barclays Plc is planning job cuts at its corporate and investment bank as part of its cost-saving measures, according to people with knowledge of the matter. The reductions will affect around 60 jobs, including some senior roles in the US and other countries, said one of the people, who asked not to be named discussing private information. A spokeswoman …

Read More »

China’s central bank to step up efforts to curb financial risks

Bloomberg China’s central bank will take measures to prevent systemic financial risks from building in the economy as the recovery takes hold, Deputy Governor Chen Yulu said. Laying out priorities for the next five years, Chen said the People’s Bank of China will improve its macro-prudential assessment framework and strengthen supervision of “systemically important” institutions, businesses and infrastructure. “The priority …

Read More »

Nine Polish banks in talks on Swiss loans

Bloomberg Nine Polish banks are coalescing around a proposal for out-of-court settlements with holders of Swiss franc mortgages, according to PKO Bank Polski SA, the nation’s biggest lender. State-controlled PKO has spearheaded efforts to work out a joint solution to around $31 billion in mostly Swiss franc loans, based on a proposal by the country’s financial regulator and backed by …

Read More »