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SINGAPORE, Jan 17 (Reuters) – Credit Suisse (CSGN.S) Chairman Antonio Horta-Osorio, who was being investigated by the Swiss bank’s board for breaching COVID-19 quarantine rules, has quit with immediate effect and board member Axel Lehmann has taken over the role. “I regret that a number of my personal actions have led to difficulties for the […]

The logo of Citi bank is pictured at an exhibition hall in Bangkok, Thailand, May 12, 2016. REUTERS/Athit Perawongmetha Register now for FREE unlimited access to Reuters.com Register Jan 14 (Reuters) – Citigroup Inc (C.N) on Friday posted a 26% drop in fourth-quarter profit but exceeded market expectations as strong gains in its investment banking […]

Chinese 100 yuan banknotes are seen in a counting machine while a clerk counts them at a branch of a commercial bank in Beijing, China, March 30, 2016. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Dec new loans seen at 1.25 trln yuan vs 1.27 trln yuan in Nov Dec money […]

LONDON, Dec 3 (Reuters) – If monetary volatility at massive is lastly being uncorked, probably the most cossetted property could also be jolted from their slumber. For a lot of the 20 months for the reason that pandemic hit, monetary property have been buoyed by waves of presidency and central financial institution intervention designed to […]

BANGKOK, Nov 22 (Reuters) – Thailand’s central financial institution has allowed debt consolidation throughout monetary establishments to assist retail debtors pay decrease rates of interest, an official mentioned on Monday, as policymakers attempt to ease the impression of coronavirus outbreaks. Debtors can mix their unsecured debt with house loans at completely different banks, quite than […]

A buyer makes use of an automatic teller machine at a department of Halkbank in Istanbul August 15, 2014. REUTERS/Osman Orsal ISTANBUL, Oct 24 (Reuters) – Turkey’s state banks are anticipated to chop borrowing prices on loans by round 200 foundation factors on Monday, in response to three individuals with information of the plan, following […]

The brand of Swiss financial institution Credit score Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. REUTERS/Arnd Wiegmann JOHANNESBURG, Oct 21 (Reuters) – Mozambique on Thursday referred to as on Credit score Suisse (CSGN.S) to completely cancel debt estimated at $2 billion linked to a scandal involving the financial institution, ten […]