FRANKFURT, June 19 (Reuters) – Hundreds of thousands of bank employees in Europe’s largest economy are fighting for pay increases of up to 16% to cope with rising living costs and unions are warning of possible strikes. Pay negotiations for…
Read moreJune 18 (Reuters) – One of the world’s largest technology funds is set to ramp up its exposure to Nvidia (NVDA.O), opens new tab, which has become the world’s most valuable company following a blistering run in its shares. The $72.34…
Read morePARIS, June 17 (Reuters) – The European Central Bank pays close attention to the smooth functioning of financial markets, ECB President Christine Lagarde said on Monday, after French President Emmanuel Macron’s call for a snap parliamentary vote last week spooked…
Read more
LONDON, June 18 (Reuters) – Supporters for more consolidation in the euro zone’s banking sector have been watching Spanish lender BBVA’s (BBVA.MC), opens new tab hostile bid for Sabadell (SABE.MC), opens new tab, alongside comments from some supervisors and lawmakers supporting the idea of…
Read moreLONDON, June 17 (Reuters) – Talks between Ukraine and its international bondholders designed to cut its debt to help finance its war effort ground to a halt on Monday after the two sides failed to reach an agreement. It means the clock…
Read more
HONG KONG, Aug 4 (Reuters) – China and Saudi Arabia’s stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on each other’s bourses, three sources familiar with the matter said, as the countries look to deepen financial…
Read moreDUESSELDORF, June 14 (Reuters) – A German regional court said on Friday that prosecutors and defence lawyers have requested the termination of the criminal trial of a prominent banker who is accused of playing a role in an alleged 10…
Read more
Hong Kong’s stock exchange plans to take the hatchet to directorships to whittle down the concentration of board seats among the city’s corporate elites to improve governance, a challenge that its chief executive called a “perpetual work in progress.” Hong…
Read more
NEW YORK, June 13 (Reuters) – Goldman Sachs (GS.N), opens new tab aims to double its lending over the next five years to ultra-wealthy private bank clients with account sizes exceeding $10 million, as it gathers more deposits to supercharge lending, the…
Read more
NEW YORK, June 13 (Reuters) – Visa’s (V.N), opens new tab and Mastercard’s (MA.N), opens new tab proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge signaled she was preparing to…
Read more
