BENGALURU, June 27 (Reuters) – Indian private lender RBL Bank (RATB.NS), opens new tab said on Thursday it will raise up to 65 billion rupees ($779 million) through a combination of qualified institutional placement (QIP) of shares and debt sale. The bank…
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June 28 (Reuters) – The euro was on track for its biggest monthly fall since January as political uncertainty weighed in the run-up to France’s general elections, while the dollar jumped to a near four-decade high against the battered yen…
Read moreSYDNEY, June 27 (Reuters) – (This June 27 story has been corrected to fix the spelling of the name ‘Dhupelia’ in paragraph 10) A possible revival in IPOs in Hong Kong after a pickup in Chinese regulatory approvals, and a…
Read moreJune 27 (Reuters) – Big U.S. banks had enough capital to weather a potentially severe economic downturn but some of their risky businesses could hypothetically take a major hit this year, according to results of the Federal Reserve’s annual stress test. The 31…
Read moreFRANKFURT, June 28 (Reuters) – Euro zone countries should not cut bank capital buffers and some should even increase them given record profits in the sector and clouds on the horizon, the European Central Bank said on Friday. Lending has…
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LONDON, June 27 (Reuters) – Lloyds Banking Group (LLOY.L), opens new tab is set to make an extra 300 million pounds ($380 million) a year in revenue by 2026 from its business banking unit, CEO Charlie Nunn said on Thursday, as corporate…
Read moreWASHINGTON—Big U.S. banks passed their latest annual stress test, with the Federal Reserve finding they would be able to continue lending to households and businesses in a severe recession, even while suffering steeper losses than last year’s tests. This year’s…
Read moreJPMorgan Chase said late Wednesday that the Federal Reserve overestimated a key measure of income in the giant bank’s recent stress test, and that its losses under the exam should actually be higher than what the regulator found. The bank took the unusual step…
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LONDON, June 27 (Reuters) – Risk management in the private equity sector needs improving, particularly as the period of low interest rates leads to higher financing costs in the highly leveraged industry, the Bank of England said on Thursday. The…
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MUMBAI, June 27 (Reuters) – Indian banks’ capital position remains robust, supported by high profits, and their asset quality should further improve through March next year, a report released by the central bank on Thursday showed. Banks’ bad loans, or…
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