Australia's corporate regulator
said on Monday it had banned Societe Generale's
Australian securities business from signing up new customers
until it complies with new licensing conditions related to
client money laws.
Corporate loans growth in Russia
stalled in May in month-on-month terms, while retail loan growth
recovered slightly after a slump in April, the first full month
of lockdowns in Russia, the central bank data showed on Monday.
National Australia Bank (NAB)
said some of the thousands of customers that have
requested relief on loans due to the coronavirus pandemic would
not be able to repay them, flagging it would not hesitate to
deny any more lending.
Public trust in the European
Central Bank appears to have dropped by more than in other
governing institutions over the past decade, even as confidence
in the euro currency remains robust, a new ECB paper said on