Posted at 10:21h
in
News
by KMFSLLP
Meeting some of the milestones
for ending the use of Libor for pricing loans could be difficult
for some firms, Britain's Financial Conduct Authority said on
Wednesday.
...
Posted at 10:14h
in
News
by KMFSLLP
The surveillance scandal at
Credit Suisse cost former Chief Executive Tidjane Thiam
part of his bonus in 2019, when his overall compensation fell
15% to 10.7 million Swiss francs ($10.92 million), the Swiss
bank's annual report showed on Wednesday.
Posted at 10:10h
in
News
by KMFSLLP
The cost of swapping yen into
dollars remains elevated in part due to signs that large
Japanese government pension funds are planning to increase
purchases of overseas bonds as they rebalance their portfolios.
Posted at 10:02h
in
News
by KMFSLLP
Meeting some of the milestones
for ending the use of Libor for pricing loans could be difficult
for some firms, Britain's Financial Conduct Authority said on
Wednesday.
...
Posted at 10:00h
in
News
by KMFSLLP
Hong Kong's anti-corruption
unit has charged a former exchange official with bribery and
misconduct over a 2017 IPO application by thread manufacturer
Shen You Holdings.
...
Posted at 09:59h
in
News
by KMFSLLP
The European Union's banking
watchdog told payment firms on Wednesday to make it easier for
customers to make contactless payment, to help reduce the risk
of catching coronavirus.
...
Posted at 09:52h
in
News
by KMFSLLP
Germany must protect its
economic structure during the coronavirus crisis and prevent the
sell-off or break-up of key companies, Justice Minister
Christine Lambrecht told the Handelsblatt business daily.
...
Posted at 09:45h
in
News
by KMFSLLP
China's national
offshore energy producer CNOOC Ltd reported a 15.9%
rise in 2019 profit on Wednesday, its best performance in five
years thanks to higher oil and gas output and persistent cost
control.
...
Posted at 09:40h
in
News
by KMFSLLP
The coronavirus outbreak gutted
Swiss investor sentiment, which fell to its lowest level in five
years as the pandemic sent global stock markets tumbling and
lifted expectations among those surveyed of an Swiss National
Bank interest rate cut.
Posted at 09:32h
in
News
by KMFSLLP
Russian authorities lifted a tsunami
warning in the Pacific far east on Wednesday after a 7.5
magnitude earthquake struck off the coast of the Kuril Islands,
the RIA news agency reported, citing a representative of the
Sakhalin Tsunami Centre.
