Monday , 9 February 2026

Recent Posts

BOJ’s Kuroda keeps mum on possible steps to soften easing pain

Bloomberg Bank of Japan (BOJ) Governor Haruhiko Kuroda stuck to the bank’s playbook, declining to comment on reports that policy makers are considering measures to soften the side effects of their aggressive monetary easing campaign. Remarks on the issue wouldn’t be appropriate given the proximity of the bank’s monetary policy meeting, Kuroda said, adding that any policy decision will require …

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Lloyds payment protection charge mounts in Q2

Bloomberg Lloyds Banking Group Plc may set aside hundreds of millions of pounds in the second quarter to compensate customers improperly sold payment protection insurance as claims continue to flood in. The redress costs will add to about 18 billion pounds ($23 billion) already booked by Britain’s biggest mortgage lender since the start of the scandal. Analysts at Morgan Stanley …

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EU bank-failure rules leave Austria’s Volksbanken with liquidity to burn

Bloomberg The European Union’s bank-failure rules are forcing Austria’s Volksbanken to open up the lending tap, a strategy reminiscent of the one that nearly brought down the cooperative group a few years ago. The irony has arisen because the EU requires banks to have sufficient loss-absorbing liabilities on their books to cover the costs of their restructuring and refinancing in …

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