ATHENS (Reuters) – European Union leaders are “close to” imposing a natural gas price cap, Greek Prime Minister Kyriakos Mitsotakis…
Australia’s ANZ shareholders approve new holding structure
(Reuters) – Australia and New Zealand Banking Group said on Thursday its shareholders voted to establish a new holding company…
Swiss National Bank Chairman welcomes new Credit Suisse strategy
Bern (Reuters) – The Swiss National Bank has welcomed Credit Suisse’s new strategy with Chairman Thomas Jordan saying the overhaul…
Citi to wind down consumer banking in China, affecting about 1,200 staff
By Xie Yu SINGAPORE (Reuters) -Citigroup Inc will wind down its consumer banking business in China in a move that…
Factbox-Details of Indonesia’s new financial sector law
By Stefanno Sulaiman (Reuters) – Indonesia’s parliament on Thursday approved a financial law revising more than a dozen existing regulations,…
Exclusive-U.S. to remove some Chinese entities from red flag list soon, U.S. official says
By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) -The Biden administration plans to remove some Chinese entities from a red…
HSBC’s disgruntled HK retail shareholders campaign for spinoff
By Selena Li HONG KONG (Reuters) -A small group of HSBC’s Hong Kong-based retail investors are seeking support to put…
JPMorgan, Citi and BNP invest in risk management provider Acin
By Andres Gonzalez LONDON (Reuters) – A group of five banks including JPMorgan, Citi and BNP Paribas are among the…
India’s wheat stocks to fall further but sufficient, government says
NEW DELHI (Reuters) – Wheat stocks in India’s government warehouses will fall by about 13% by early next month from…
Asian FX bulls return as easing China COVID curbs improves outlook: Reuters poll
By Upasana Singh (Reuters) – Investors were most bullish on the Singapore dollar and the Thai baht since the Russia-Ukraine…