Banking Newswire

Comprehensive Real-Time News Feed for Banking.

Results 1 - 20 of 120,284 in Banking

  1. Low subscription of Treasury bondRead the original story w/Photo

    14 min ago | Rwanda EYe

    The national Bank of Rwanda issued a treasury bond initially oversubscribed by investors; the bond has been met with mixed reactions on the secondary market after it was launched on Rwanda stock exchange last week. The bond, issued under the government's quarterly Treasury bond issuance programme, was oversubscribed by 106 per cent and fetched a coupon rate of 11.55 per cent.


  2. Global Markets-Dollar revs up for jobs data, euro bonds rally on EcbRead the original story

    15 min ago | Reuters

    The dollar hit a new 11-year high against major currencies on Friday as investors bet the monthly U.S. jobs report would add to the chance of rate hikes, even as the European Central Bank embarks on a 1 trillion euro campaign of bond-buying. The euro broke below $1.0980 for the first time since September 2003 as it continued its steady march lower.


  3. Judge approves $8.5B deal over Bank of America mortgagesRead the original story w/Photo

    16 min ago | Business Journal

    A New York court on Thursday approved Bank of America's $8.5 billion settlement with private investors , likely concluding a years-long legal fight, according to multiple media outlets. The case, often referred to as the Bank of New York Mellon suit, dates back to a 2011 settlement between Charlotte, N.C.-based Bank of America Corp. and two dozen private investors that had purchased sour Countrywide mortgage securities.


  4. U.S. stocks: Futures waver ahead of key jobs reportRead the original story w/Photo

    17 min ago | MarketWatch

    U.S. investors stayed cautious in premarket action on Friday, with stock futures wavering around the flat line ahead of key unemployment data that could play a major role in determining the first Federal Reserve rate hike. The subtle moves mirrored Thursday's choppy session, when the major benchmarks traded in tight ranges ahead of Friday's jobs report.


  5. European bond yields hit record levelsRead the original story w/Photo

    19 min ago | MarketWatch

    The promise of a massive bond-buying plan from the European Central Bank has pumped the region's bonds to new highs in recent months and hit the euro. Now that the program is about to start, investors seem eager to keep going.


  6. Morning business news - March 6Read the original story w/Photo

    21 min ago |

    Hourly pay is lower for women and pension pots are substantially smaller than for their male counterparts, according to separate research in advance of Sunday's International Women's Day. The EU Commission says hourly earnings for women in Ireland are still 14.4% lower.


  7. US financial firm to create 300 Limerick jobsRead the original story w/Photo

    22 min ago |

    ... The company, which was founded in Chicago in 1889, provides investment management, asset and fund administration and banking services in 18 US states and 16 international locations. In 2011, the company announced it would cut 220 jobs from its ...


  8. Reuters - Deutsche Bank CEO: 'You have to cut costs'Read the original story w/Photo

    23 min ago | Business News

    Deutsche Bank does not need to change its universal banking model dramatically, but faces pressure to cut costs like the rest of the banking sector, Co-CEO Juergen Fitschen said on Thursday. 'We have a strong tendency to continue to support the universal banking model', Fitschen told a financial conference.


  9. Premarket: U.S. dollar revs up for jobs data, euro bonds rally on ECBRead the original story w/Photo

    30 min ago | The Globe and Mail

    A man walks past an electronic board showing Japan's Nikkei average outside a brokerage in Tokyo March 6, 2015. Japan's Nikkei share average rose to a fresh 15-year high on Friday as encouraging comments from the European Central Bank lifted sentiment.


  10. Greek PM seeks EU talks after ECB snubRead the original story w/Photo

    34 min ago | Bangkok Post

    Greek Prime Minister Alexis Tsipras has requested a meeting with European Commission chief Jean-Claude Juncker, a government source said Friday, after Athens got no help from the European Central Bank to address a cash squeeze. Greek Prime Minister Alexis Tsipras has requested a meeting with European Commission chief Jean-Claude Juncker, after Athens got no help from the European Central Bank to address a cash squeeze German daily Sueddeutsche Zeitung had earlier reported that Tsipras had wanted to see Juncker today, but his request was turned down.


  11. European shares steady near highs with focus on U.S. jobs dataRead the original story

    35 min ago | Reuters

    European shares steadied near seven-year highs on Friday with investors focussed on whether U.S. jobs figures would be strong enough to prompt the Federal Reserve to hike interest rates sooner than expected. February non-farm payrolls data, due out at 1330 GMT, was forecast in a Reuters survey to show a 240,000 rise, down from a 257,000 gain in January.


  12. Asia stocks mostly up, euro strugglesRead the original story w/Photo

    36 min ago | Bangkok Post

    Asian markets mostly rose Friday following gains in New York, while the euro remained stuck at 11-year lows after the European Central Bank said it would launch its massive stimulus programme next week. While the euro struggled, the more upbeat mood provided support to the dollar ahead of the release later in the day of US jobs data, with a positive report seen supporting the Federal Reserve's move to raise interest rates.


  13. BoG chief Stournaras: Eurogroup must be successful, banks protectedRead the original story w/Photo

    38 min ago | EKathimerini

    Bank of Greece Governor Yannis Stournaras visited Prime Minister Alexis Tsipras on Friday to brief him on discussions at the meeting of the European Central Bank's governing council in Nicosia and on decisions relating to Greece taken there. In comments after the meeting, Stournaras said it was "crucial" that Monday's Eurogroup meeting in Brussels is successful.


  14. Big banks pass latest - stress test' from FedRead the original story w/Photo

    42 min ago | The Columbus Dispatch

    The E-Edition includes all of the news, comics, classifieds and advertisements of the newspaper. And it's available to subscribers before 6 a.m. every day.


  15. Tougher test awaits Deutsche Bank after clearing first Fed checkRead the original story

    45 min ago | Reuters

    Deutsche Bank AG has passed the first "stress test" set by U.S. regulators but is unlikely to clear the next hurdle as the German bank struggles to tighten compliance fast enough to appease controllers at the Federal Reserve. Deutsche eased through the capital test of the two-part exam on Thursday, showing its U.S. operations had an ample cash cushion to survive even a severe market downturn.


  16. Deutsche Bank debt unit feels pinchRead the original story w/Photo

    54 min ago |

    Deutsche Bank AG is learning just how hard it is to stay committed to its fixed-income business in a new world for investment banking. After using some of the 8.5 billion euros it raised in a share sale last year to bolster its fixed-income business, its credit unit has been shrinking.


  17. Sterling hits seven-year high against euroRead the original story w/Photo

    54 min ago |

    Sterling hit a more than seven-year high against the struggling euro on Friday, as interest rate differentials moved in favour of the British pound with the European Central Bank gearing up to launch its 1-trillion euro bond buying programme. The pound, though, fell against the dollar, easing to near four-week lows ahead of a US jobs report, with concerns about a potentially unsettling British election in May also weighing.


  18. Awaiting stimulus, European bank feeling optimistic about economyRead the original story w/Photo

    55 min ago | The Day

    Nicosia, Cyprus - The struggling eurozone economy is picking up momentum ahead of the launch next week of a 1.1 trillion euro stimulus program, European Central Bank head Mario Draghi said Thursday. The central bank for the 19-country eurozone raised its growth forecast for this year to 1.5 percent from 1.0 percent amid signs credit is flowing more easily to businesses.


  19. Global banking is at an event horizonRead the original story w/Photo

    1 hr ago | Computer Weekly

    ... the majority state-owned RBS into many banks operated in a similar way to the John Lewis Partnership. One senior UK banking IT professional said banks face major changes to their industry, whether they like it or not. "I am sure we are at an event ...


  20. Nikkei rises to fresh 15-year highRead the original story w/Photo

    1 hr ago | Business World

    Japan's Nikkei share average rose to a fresh 15-year high on Friday as encouraging comments from the European Central Bank lifted sentiment, but FamilyMart Co fell on news that it was in merger talks with UNY Group Holdings Co. The Nikkei ended 1.2 percent higher at 18,971.00 points, its best closing level since April 2000.