Credit Agricole Stake In Italy’s Banco BPM Sparks Bid Speculation
By Valentina Za and Andrea Mandala MILAN (Reuters) -France’s Credit Agricole has become the single largest investor in Banco BPM…
2022
U.S. Jury Deliberates In Ex-Goldman Banker’s 1MDB Corruption Trial
By Luc Cohen NEW YORK (Reuters) – A U.S. jury resumed deliberations on Friday in the trial of a former…
Unicredit Italian Diamond Fraud Case To Start Anew
MILAN (Reuters) -Proceedings involving Italian bank Unicredit over alleged fraudulent diamond sales will start again from scratch, judicial sources said…
Russia cuts interest rate as ruble settles despite sanctions
LONDON (AP) — Russia’s central bank has managed to stabilize key aspects of the economy with severe controls, artificially propping…
Shell Raises Russia Writedown To As Much As $5 Billion
By Ron Bousso LONDON (Reuters) – Shell will write down up to $5 billion following its decision to exit Russia,…
Wall St Set For Subdued Open As Yields Rise Again
By Bansari Mayur Kamdar and Praveen Paramasivam (Reuters) -Wall Street was set for a subdued open on Friday as U.S….
U.S. Bond Funds Post Outflows For 13th Week In A Row
(Reuters) – U.S. investors remained net sellers of bond funds in the week to April 6 on rising prospects of…
Japan to expel 8 Russian officials, impose new sanctions
TOKYO (AP) — Japan announced Friday it is expelling eight Russian diplomats and trade officials and will phase out imports…
Euro Zone Bond Yields Rise As Traders, Banks Ramp Up ECB Rate Hike Bets
By Yoruk Bahceli (Reuters) – Euro zone bond yields rose on Friday as traders further ramped up bets on European…
Caixabank Has Sufficient Provisions To Withstand Current Uncertainty, CEO Says
By Jesús Aguado MADRID (Reuters) – Spain’s Caixabank has adequate provisions to face potential future losses given the current market…