U.S. Treasury Secretary Janet Yellen mentioned Thursday that banking regulation and supervisory guidelines have to be re-examined within the wake of the Silicon Valley Bank
Category: Business
Bankers convicted over Swiss account of Putin’s childhood friend
Three Russian-born and one Swiss-born former bankers for Gazprombank Switzerland had been charged with failing to adequately verify whether or not Russian president’s longtime buddy
Austria’s Raiffeisen Bank eyes sale of Russian unit
Austrian banking group Raiffeisen, one among Russia’s final main Western lenders, on Thursday stated it was contemplating a “sale or spin-off” of its subsidiary within
Brazil, China strike deal to ditch dollar for trade
Fast News Brazil’s commerce and funding company says the deal between Brasilia and Beijing seeks to scale back prices in commerce, promote better bilateral commerce
Turkish banks’ net profit up 68% to $3.48B in Jan-Feb
The internet revenue of Turkish banks reached TL 65.6 billion ($3.48 billion) within the January-February interval, with a 68% rise in comparison with final yr,
Russia’s energy giant Rosneft deals to boost oil supplies to India
Russia’s prime crude producer Rosneft proclaims a deal to ramp up oil gross sales to India, as Moscow seeks new consumers within the wake of
UBS brings back Ermotti as CEO to steer Credit Suisse takeover
UBS Group AG on Wednesday introduced it was rehiring Sergio Ermotti as CEO to steer its large takeover of neighbor Credit Suisse – a shock
UBS brings back Ermotti as CEO with Credit Suisse deal ahead
Fast News Swiss financial institution UBS introduced former CEO Sergio Ermotti will lead the corporate’s controversial acquisition of troubled rival Credit Suisse, which restored investor
Russia, India reportedly in talks to expand Northern Sea shipping route
Fast News Alexei Chekunkov, Russia’s minister for growth of Far East and Arctic, is visiting New Delhi to debate “reliable and safe” transportation of products
Turkish central bank to maintain policies under liraization strategy
Türkiye’s Central Bank chief on Tuesday stated the physique would keep insurance policies underneath its liraization technique, geared toward eliminating sensitivity to international trade price