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Bloomberg The Bank of Korea (BoK) kept its key rate unchanged Tuesday for an eighth ...
Read More »BoK keeps rate at record low amid market turbulence
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Swedish Banks’ big risk becomes a benefit
Bloomberg For years, the country’s central bank and financial supervisor have railed against lenders’ dependence ...
Read More »China to mull minimum bad-loan coverage
Bloomberg China’s cabinet has discussed lowering the ratio of provisions banks must set aside for ...
Read More »Neske poised to become CEO of LBBW
Bloomberg Rainer Neske, the former head of consumer banking at Deutsche Bank AG, is poised ...
Read More »UOB profit Q4 barely rises
Bloomberg United Overseas Bank (UOB) Ltd.’s fourth-quarter profit barely rose as swelling expenses and provisions ...
Read More »China bank lending surges to record high in January
Bloomberg China’s bank lending surged to a record 2.51 trillion yuan ($385 billion) in January, ...
Read More »Credit Suisse Russia CEO Hellman resigns
Bloomberg Steven Hellman has stepped down as chief executive officer of Credit Suisse Group AG’s ...
Read More »Singapore Banks can’t be relaxed about rig-building woes
Bloomberg It’s not clear how much of Singapore’s bad loans for 2015, the highest since ...
Read More »Germany brings its gold hoard home
Frankfurt / DPA Germany is slowly bringing home its gold, lodged outside the country in ...
Read More »Pathogen plagues Italy’s olive trees
Gallipoli / AFP Italian olive grower Federico Manni is at the end of his tether. ...
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