Saturday , 7 February 2026

Recent Posts

Saudi Arabia bank pegs growth hopes on mortgages, reforms

Bloomberg Saudi Arabia’s second-biggest bank is betting that government efforts to develop the entertainment industry, boost home-ownership and open up the role of women in the economy will fuel growth this year. The kingdom is undergoing an economic overhaul driven by crown prince Mohammed bin Salman that includes removing restrictions on cinemas, concerts and women driving and working. It also …

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HSBC to pay $100mn to settle libor-rigging lawsuit

Bloomberg HSBC Holdings Plc agreed to pay $100 million to settle an antitrust lawsuit by over-the-counter investors, including the city of Baltimore and Yale University, who claimed they were harmed when they bought securities tied to rigged Libor. The proposed settlement by the London-based bank follows similar agreements the investor group reached with Barclays Plc, Citigroup Inc., and most recently …

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Yen challenges BOJ bid to taper by stealth

Bloomberg The Bank of Japan is finding out just how hard it is to be stealthy — when everyone is looking right at you. The central bank looks set to end this fiscal year well behind on its target for Japanese government bond purchases. But having inadvertently sparked a yen rally in January, a repeat of this “stealth taper” of …

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