Banks

Turkey: Central bank holds rates in first meeting with new chief

Turkey’s central bank left its benchmark interest rate unchanged but removed a pledge to deliver additional tightening in the first…

Read More »

US stocks end mixed despite stellar bank earnings

Wall Street indexes closed mixed on Wednesday, with the Nasdaq Composite and S&P 500 falling despite another record intraday high for the latter and big banks’ stellar…

Read More »

US Federal Reserve chair says economy at ‘inflection point’

Federal Reserve Chair Jerome Powell said the U.S. economy is at an “inflection point” with stronger growth and hiring ahead…

Read More »

Foreign lenders cutting ties with Lebanon’s central bank: Sources

Foreign lenders including HSBC and Wells Fargo are cutting ties with Lebanon’s central bank, sources familiar with the matter told…

Read More »

Powell: ‘We’ll emerge from this crisis stronger and better’

The United States economy will emerge from the COVID-19 crisis on better footing, Federal Reserve Chairman Jerome Powell wrote in…

Read More »

Lira surges after Turkey’s central bank hikes interest rates

Turkey’s central bank resumed raising interest rates after surging oil prices and lira volatility sent inflationary risks climbing. The lira…

Read More »
Back to top button