Tuesday , 16 December 2025

Recent Posts

RBI likely to slash rates again by June

Bloomberg India’s central bank is on course for its most aggressive monetary policy easing in more than three years, as it seeks to support the world’s fastest-growing major economy in the face of risks both at home and abroad. The Reserve Bank of India (RBI) delivered its second successive interest rate cut and said it stands ready to use all …

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BB&T, SunTrust cultures put $10b at risk

Bloomberg Cultural risks are the greatest challenge to a successful merger of BB&T Corp. and SunTrust Banks Inc., according to Wells Fargo & Co. analyst Mike Mayo. “The ability to manage this and other risks can make an estimated $10 billion difference in the new firm’s market value,” Mayo said in a note to investors. The combined company must work …

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Switzerland proposes to tighten bank capital laws

Bloomberg Switzerland is proposing bigger capital cushions for the country’s top banks that could force UBS Group AG and Credit Suisse Group AG to set aside an additional 24 billion Swiss francs ($24 billion) in reserves. The Finance Ministry is weighing an amendment to capital adequacy rules to try to ensure that the parent companies of systemically important banks are …

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