Rouble soars past 97 vs dollar after Putin reintroduces currency controls – Reuters.com
An employee counts Russian 1,000 ruble banknotes at a bank office in Moscow, Russia, on October 9, 2023. Reuters/Maxim Shemetov/Illustration/File Photo Obtaining license rights Russian ruble rises to more than two-week high against dollar Actions after President Putin reimposed currency controls The ruble fell to an 18-month low this week. Analysts expect the ruble to […]
Metro Bank secures capital, Colombian billionaire Gilinski takes majority stake – Reuters.com
[1/2]People walk past Metro Bank on May 22, 2019 in London, England.REUTERS/Hannah McKay/File Photo Obtaining license rights LONDON, Oct 8 (Reuters) – Embattled British bank Metro (MTRO.L) announced on Sunday it would be worth 325 million pounds (MTRO.L) after emergency talks over the weekend to shore up its balance sheet after the financial crisis. announced […]
Shawbrook makes offer for Co-op Bank, eyes fresh Metro Bank bid – Reuters.com
A sign outside Metro Bank on May 22, 2019 in London, England.REUTERS/Hannah McKay/File Photo Obtaining license rights LONDON, Oct 8 (Reuters) – British specialist lender Shawbrook has made an offer to rival Co-op Bank as it considers a new takeover bid for struggling Metro Bank (MTRO.L). officials told Reuters on Sunday. Mr. Shawbrook, backed by […]
Bank of England approached UK lenders to gauge interest in troubled Metro Bank, Financial Times reports – Reuters.com
A sign outside Metro Bank on May 22, 2019 in London, England.REUTERS/Hannah McKay/File Photo Obtaining license rights Oct 8 (Reuters) – The Bank of England’s prudential regulator this week contacted several of Britain’s largest financial institutions to see if they are interested in acquiring British financial giant Metrobank (MTRO.L). The Financial Times reported that he […]
Russian rouble weakens past 100 to the dollar – Reuters.com
In this illustrated photo taken on August 22, 2023, a Russian 1 ruble coin is shown in front of a screen displaying the Moscow Kremlin’s Spasskaya Tower.Reuters/Maxim Shemetov/Illustration/File photo Obtaining license rights Oct 3 (Reuters) – Russia’s ruble rose above the symbolic benchmark of 100 rubles to the dollar before recovering slightly in early trading […]
Japan finance minister says volatility, not yen levels, key on intervention – Reuters.com
Finance Minister Shunichi Suzuki speaks to the media after the G7 Summit held in conjunction with the G20 Finance Ministers and Central Bank Governors Meeting held in Gandhinagar, India on July 16, 2023.Reuters/Amit Dave/File Photo Obtaining license rights TOKYO (Reuters) – Finance Minister Shunichi Suzuki said on Tuesday the decision to intervene in foreign exchange […]
Buoyant dollar within striking distance of 150 yen – Reuters.com
In this illustrated photo taken on June 16, 2022, Japanese yen and US dollar banknotes are seen along with a graph of exchange rates.Reuters/Florence Lo/Illustration/File Photo Obtaining license rights SINGAPORE, Oct 2 (Reuters) – The dollar started the year’s final quarter on a positive note on Monday, on expectations that U.S. interest rates will remain […]
World Bank chief sees $100 bln-plus lending boost from capital moves – Reuters.com
World Bank President Ajay Banga attends the Global Infrastructure and Investment Forum in New York on Thursday, September 21, 2023.Seth Wenig/Pool, Reuters/File Photo Obtaining license rights Sept 26 (Reuters) – World Bank Group President Ajay Banga said on Tuesday that proposed new contributions from rich countries, along with balance sheet changes, would increase the Bank’s […]
US employers to see biggest healthcare cost jump in a decade in 2024 – Reuters.com
In this photo illustration taken in Ljubljana on August 20, 2014, pharmaceutical tablets and capsules are arranged in the shape of a dollar sign on a table. The photo was taken on August 20th.Reuters/Srdjan Jivlović/File photo Obtaining license rights Sept 20 (Reuters) – U.S. employers are bracing for next year’s biggest increase in health insurance […]
Morning Bid: Risk and rates moving in tandem – Reuters.com
Traders work on the floor of the New York Stock Exchange (NYSE) on August 15, 2023 in New York City, USA.Reuters/Brendan McDiarmid/File Photo Obtaining license rights Mike Dolan talks about the future outlook for the US and global markets Both long-term borrowing rates and risky growth stocks in the Big Tech industry rose in parallel […]
