Banking

In the first half of 2022, Russia's banks collectively lost 1.5 trillion roubles (S$34.8 billion), according to a senior official at the Russian central bank who spoke with the RBC business newspaper on September 2. This is the first time...

According to a source, the bank's offering in India of Additional Tier-1 (AT-1) bonds is expected to more than halve to Rs 20,000 crore this fiscal year from the all-time high of Rs 42,800 crore raised in FY22. Bonds...

Millions of customers and businesses last year found themselves in a situation where they needed their banks' dependability and support more than ever due to the pandemic. Consumers will now put their trust in the banks that were flexible...

On August 22, the euro briefly retreated below parity against a strong US dollar and was lagging near five-week lows due to worries that a 3-day interruption in European gas supplies later in the month may worsen an energy...

Business optimism in Europe decreased in July 2022 compared to June 2022 amid inflation worries as cost-of-living constraints on households rose in nations including the UK, according to Verdict's analysis of an ongoing poll. Verdict has been conducting the survey...

The invasion of Ukraine by Vladimir Putin has put Britain on a path to a longer-than-expected recession and inflation exceeding 13%, the Bank of England said as it increased interest rates for the sixth time in a row. Threadneedle...

As gasoline and food costs continue to rise, UK inflation reached a fresh 40-year high in June, according to official figures released on July 20th. According to a statement from the Office for National Statistics, the Consumer Price Index...