Tag: Central bank

PARIS, April 7 (Reuters) – A verdict in a French criminal court case over allegations that investment bank Natixis made a misleading statement in 2007 about its financial strength in relation to sub-prime exposure is set to be announced in June, judges said on Wednesday.Natixis was one of the French banks hardest hit by the…

BOSTON (Reuters) – For decades New York’s bankers and fund managers have accepted the city’s high tax rates as a part of working in the world’s premier financial capital.FILE PHOTO: A woman walks past JPMorgan Chase & Co’s international headquarters on Park Avenue in New York July 13, 2012. REUTERS/Andrew Burton (UNITED STATES – Tags:…

No results matched your search Economy2 hours ago (Apr 06, 2021 03:30PM ET) © Reuters. FILE PHOTO: People shop on 5th Avenue in New York WASHINGTON (Reuters) – Community bankers think of themselves as having a keen sense of the economic pulse in the cities, towns and rural areas where they do business, and if…

No results matched your search Economy2 hours ago (Apr 06, 2021 03:21PM ET) 2/2 © Reuters. FILE PHOTO: Newly manufactured Ford Motor Co. 2021 F-150 pick-up trucks are seen waiting for missing parts in Dearborn 2/2 By David Lawder (Reuters) – The International Monetary Fund said on Tuesday unprecedented public spending to fight the COVID-19…

BUDAPEST, April 6 (Reuters) – The National Bank of Hungary said on Tuesday it had raised the scope of its latest cheap loans programme to 3 trillion forints ($9.86 billion) from 2.5 trillion to help post-pandemic recovery.The bank said it has already booked more than 2 trillion forints worth of applications for the loans, which…

FILE PHOTO: Spanish Economy Minister Nadia Calvino, left, and International Monetary Fund Chief Economist Gita Gopinath take questions at the annual meetings of the IMF and World Bank in Washington, U.S., October 18, 2019. REUTERS/James Lawler Duggan/File PhotoWASHINGTON (Reuters) – The growth of U.S. debt due to massive coronavirus aid spending is not a major…

WASHINGTON, April 5 (Reuters) – The World Bank estimates that Africa would need about $12 billion for COVID-19 vaccines and their distribution to attain sufficient levels of vaccination coverage to interrupt virus transmission, according to new paper by the bank and the IMF.The paper argued for a further extension of the Group of 20’s debt…

FILE PHOTO: A person holds a sign advertising a sale at Century 21, a retail outlet that announced it was filing for bankruptcy and closing its stores due to the economic impact of the coronavirus disease (COVID-19) in Manhattan, New York City, U.S., September 26, 2020. REUTERS/Andrew KellyWASHINGTON (Reuters) – U.S. bankruptcies surged in March…

FILE PHOTO: SoftBank Corp’s logo is pictured at a news conference in Tokyo, Japan, Feb. 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo(Reuters) -Invitae Corp said on Monday a group of investors including SoftBank Group Corp will invest $1.15 billion in the U.S. genetic diagnostics company.It said the investment, to be used for its growth initiatives, will be…

Monday a group of investors including SoftBank Group Corp will invest $1.15 billion in the U.S. genetic diagnostics company.It said the investment, to be used for its growth initiatives, will be…