Tag: Economic

No results matched your search Economy6 hours ago (Apr 11, 2021 01:45AM ET) © Reuters. Senior Deputy Governor of the Bank of Italy, Fabio Panetta is seen standing in a corridor of the Bank of Italy ahead of his appointment to the European Central Bank’s executive committee FRANKFURT (Reuters) – The European Central Bank should…

Goldman Sachs plans to hire 200 to 300 engineers in its consumer business this year. It signed a contract this month to bring on 14 cloud engineers, a spokesman told Insider.  The plans come after a year when a surge in staff exits and senior manager turnover hit the consumer unit. See more stories on…

FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann/File Photo(Reuters) – The U.S. brokerage subsidiary of Credit Suisse Group AG has disclosed that former employees’ personal data was leaked last month and that it had filed a lawsuit over the matter,…

BRUSSELS, April 9 (Reuters) – Greece on Friday secured approval from EU competition regulators to extend its “Hercules” bad loan reduction scheme to help banks reduce the mountain of impaired credit burdening their balance sheets.The scheme was launched in October 2019 to help the country’s banks offload up to 30 billion euros of bad loans…

No results matched your search Economy8 hours ago (Apr 08, 2021 04:55PM ET) © Reuters. FILE PHOTO: Senate Banking Committee hearing on Capitol Hill, Washington By Ann Saphir and Howard Schneider (Reuters) -The U.S. Federal Reserve plans to keep its super-easy policy in place even as data shows the economy kicking into higher gear, with…

Manchin suggested he may thwart Democratic attempts to bypass Republicans in Congress more than once. “I simply do not believe budget reconciliation should replace regular order in the Senate,” Manchin wrote in a Post op-ed. It comes as the White House weighs the path ahead for a massive infrastructure plan. See more stories on Insider’s…

Republicans are touting benefits of the COVID-19 relief legislation they opposed in Congress. Mitch McConnell said Republicans would have a “talk” with Americans about the bill’s issues. Meanwhile, funding for healthcare and restaurants is being praised by some GOP members. See more stories on Insider’s business page. For months, Congressional Republicans have been unanimously opposed…

By Reuters Staff1 Min Read(Repeats with no changes to text)BERLIN, March 30 (Reuters) – Germany’s annual consumer price inflation accelerated in March to surpass the European Central Bank’s target of close to but below 2%, the Federal Statistics Office said on Tuesday.Consumer prices, harmonised to make them comparable with inflation data from other European Union…

3/3 © Reuters. FILE PHOTO: Chicago Federal Reserve Bank President Charles Evans looks on during the Global Interdependence Center Members Delegation Event in Mexico City 2/3 By Ann Saphir (Reuters) – Federal Reserve policymakers once pointed to Japan as the posterchild for what can go wrong for a central bank when it comes to fighting…

No results matched your search EconomyMar 26, 2021 02:00PM ET 3/3 © Reuters. FILE PHOTO: Chicago Federal Reserve Bank President Charles Evans looks on during the Global Interdependence Center Members Delegation Event in Mexico City 2/3 By Ann Saphir (Reuters) – Federal Reserve policymakers once pointed to Japan as the posterchild for what can go…