German Gref, the head of Russia’s largest lender Sberbank , said on Wednesday he expected a significant cooling of lending growth in the second half of this year.
The Swiss National Bank is open to expanding its pilot project with wholesale central bank digital currencies, governing board member Antoine Martin said on Wednesday.
Italy is looking a merger deal to further cut its stake in bailed-out lender Banca Monte dei Paschi di Siena (MPS) , Economy Minister Giancarlo Giorgetti said, prompting the bank’s share price to climb by about 7%.
Russia’s central bank provided banks with a record 19.5 billion yuan ($2.68 billion) on Wednesday under currency swap transactions, data showed, as lenders seek alternative ways to replenish their foreign currency reserves after dollar and euro trading was restricted.
Australia’s corporate watchdog should be split into two after “comprehensively” failing in its role, including by not taking action against offenders and focusing more on managing its reputation, a months-long Senate inquiry found on Wednesday.
Some might wonder why it took so long, but the risk that this year’s key elections exaggerate rather than rein in bloated public debt is finally seeing long-term sovereign bonds rear up.
British investors added a record 11.4 billion pounds ($14.5 billion) into equity funds over the first six months of 2024, as the prospect of further central bank interest rate cuts fuelled demand for riskier assets, according to fund network Calastone.
U.S. venture capital funding surged to $55.6 billion in the second quarter, marking the highest quarterly total in two years, according to PitchBook data published on Wednesday.
Private equity firm Vista Equity is in talks to cede control of its company Pluralsight to lenders, according to three people familiar with the matter and fund documents reviewed by Reuters.
Robinhood Markets is considering offering cryptocurrency futures in the U.S. and Europe in the coming months, Bloomberg News reported on Tuesday, citing people familiar with the matter.
