…Japanese banks have become emblematic of their nation’s ills. Land and lenders are too isolated from the rest of Asia. The inward-looking policy of sakoku ended in the 19th century. Today’s barriers…
Greece will achieve a primary surplus of 3.5 pct of gross domestic product this year based on general government fiscal data for the first quarter of 2019, but it will be unable to exceed this target if current trends prevail over the rest of the year, Bank of Greece Governor Yannis Stournaras told the Athens-Macedonian News Agency (ANA-MPA) on Wednesday.
Italy’s banks could come to the rescue of Carige to safeguard financial stability after U.S. asset manager BlackRock dropped a planned bid for the struggling regional lender, the chairman of UniCredit said on Wednesday.
On May 14, the bank withdrew from the capital of the gold miner as part of the repo transaction.
The Rwandan government has signed an agreement with the African Export-Import Bank (Afreximbank) and the African Union to host the second Intra-African Trade Fair (IATF2020) slated for September next year.
The result is an embarrassment for the asset manager, which likes to tout its own work policing corporate governance and executive pay
Woods, head of the Prudential Regulation Authority (PRA), reportedly questioned whether a charge was in the public interest as it could harm the lender.
Germany’s economy rebounded in the first quarter after narrowly avoiding recession late last year, easing the immediate pressure on policy makers in Europe as the outlook continues to darken for global trade.
Brazil’s economy shrank in the first quarter, a key central bank activity index showed, dealing a setback to President Jair Bolsonaro’s pledge to accelerate the country’s recovery.
The net international reserves of the National Bank of Ukraine (NBU) in April 2019 shrank by 0.5%, to US$9.943 billion.