Swiss regulator welcomes UBS’s strategic focus
ZURICH (Reuters) – Swiss financial regulator FINMA has specified the central elements of its regulatory requirements for the merged UBS…
Economy
German economy could grow by up to 1.9% in 2024 – econ min
BERLIN (Reuters) – The German economy could grow between 1.6% to 1.9% next year, Economy Minister Robert Habeck said on…
Singapore bank DBS deepens focus on booming family office business
SINGAPORE (Reuters) – Singapore lender DBS Group is stepping up its focus on the business of family offices, where its…
Billionaire George Soros hands control of empire to son Alex
(Reuters) -Billionaire financier George Soros is handing control of his massive empire to his son Alexander, a Soros spokesperson said…
Volkswagen supervisory board to discuss savings programme on Tuesday
BERLIN (Reuters) – Volkswagen’s supervisory board will meet on Tuesday to discuss a planned savings programme ahead of its capital…
UK set to dodge recession, but big problems remain: CBI
LONDON (Reuters) – Britain’s economy now looks likely to sidestep recession entirely this year but deep-rooted problems like weak business…
JPMorgan expects Turkey central bank to lift rates to 25% on June 22
LONDON (Reuters) – JPMorgan said on Monday it expects Turkey’s central bank to hike interest rates to 25% from the…
Taiwan set to hold rates steady as inflationary pressure eases, exports remain weak: Reuters poll
TAIPEI (Reuters) – Taiwan’s central bank is expected to leave its policy rate unchanged this week, according to most economists…
Novo Nordisk invests $2.3 billion in Danish production facility
COPENHAGEN (Reuters) -Danish drugmaker Novo Nordisk will invest 15.9 billion Danish crowns ($2.29 billion) to expand a production facility in…
Bank of England can’t rule out more rate rises, MPC’s Haskel says
LONDON (Reuters) -The Bank of England may need to raise interest rates more than once from their current level of…