Coronavirus crisis: China eases lockdown in Wuhan where the pandemic began – BBC News
The Chinese city of Wuhan where Covid-19 first emerged has allowed people to leave the area for the first time since it went into lockdown in January. source
U.S. banks seek term changes as Fed finalizes Main Street Lending Program
WASHINGTON (Reuters) – U.S. banks are pushing the Federal Reserve to change the terms of a $600 billion lending program for small and medium-sized businesses, including reducing minimum loan sizes…
Driver dies after jet fuel tanker crash in Indianapolis
A truck driver has died 16 days after he was engulfed in flames when his tanker carrying jet fuel crashed and exploded on an Indianapolis highway ramp March 7, 2020,…
Banks lobby Aramco for incentive fee after slim IPO pickings: sources
DUBAI/LONDON (Reuters) – Global banks who worked on Saudi Aramco’s (2222.SE) record initial public offering are pushing for an additional “incentive fee”, three sources familiar with the matter said, as…
Choppy markets leave U.S. bank bonus decisions in limbo
NEW YORK (Reuters) – December is always a month of suspense on Wall Street, as dealmakers, traders and money managers at big U.S. banks wait to find out how much…
Big banks beat profit expectations but warning signs grow
(Reuters) – Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field is beginning to tilt against the financial industry. While the…
Monte dei Paschi ends debt collection deal to sell 3 billion euros in bad loans
The entrance of Monte Dei Paschi di Siena is seen in San Gusme near Siena, Italy, September 29, 2016. REUTERS/Stefano Rellandini MILAN (Reuters) – Monte dei Paschi di Siena (BMPS.MI)…
Shares in big banks climb as Fed approves capital plans
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 17, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – Shares in the S&P…
U.S. lawmakers grill bank CEOs on social issues
(Reuters) – Chief executives of some of the largest U.S. banks faced off with the House Financial Services committee for the first time since the financial crisis on Wednesday armed…
Australia to overhaul regulators after landmark banking inquiry
CANBERRA (Reuters) – Australia’s corporate regulators will be subjected to a new oversight body in a shake-up of the banking sector recommended on Monday by a high-powered independent inquiry into…