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Swiss Banks Face $440 Million Hit on Higher SNB Reserve Rule

(Bloomberg) — The Swiss National Bank is requiring banks to hold more money at the institution, a move that will cut how much interest it pays to them. The central bank is increasing the minimum reserve ratio to 4% from 2.5%, it said in a statement on Monday. As a result of the changes, the…

Frankfurt , Brandenburg , Germany , Zurich , Züsz , Switzerland , Austria , Swiss , Jana-randow , Alexander-koch , Catherine-bosley , Thomas-jordan

ECB Urged by Greek Central Banker to Let Lenders Pay Dividends

ECB Urged by Greek Central Banker to Let Lenders Pay Dividends
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Greece , Greek , Mark-schroers , Rachel-evans , Yannis-stournaras , Jana-randow , Andrew-langley , European-central-bank , Bloomberg-bank , Greece-governor-yannis-stournaras ,

ECB to Hold With First Cut Locked In for June: Decision Guide

ECB to Hold With First Cut Locked In for June: Decision Guide
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Finland , Cambridge , Cambridgeshire , United-kingdom , Frankfurt , Brandenburg , Germany , Greece , Switzerland , Jana-randow , Olli-rehn , Ulrich-kater

ECB to Hold With First Cut Locked In for June

(Bloomberg) -- The European Central Bank is set to keep borrowing costs on hold for a fifth meeting while further readying the ground for cuts to begin in June.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsChinese Cement Maker Halted After 99% Crash in 15 MinutesUS Inflation Refuses to Bend, Fanning Fears It Will StickMcKinsey Starts Hundreds of Job Cuts as Client Demand SlowsThe deposit rate will

Frankfurt , Brandenburg , Germany , Switzerland , Finland , Cambridge , Cambridgeshire , United-kingdom , Greece , Joel-rinneby , Jana-randow , Yannis-stournaras

ECB-Fed Split Ignites Talk of Euro Sliding to Dollar Parity

ECB-Fed Split Ignites Talk of Euro Sliding to Dollar Parity
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Ukraine , Russia , United-states , Germany , America , Jana-randow , Jerome-powell , Sujata-rao , Moritz-kraemer , Samuel-zief , Naomi-tajitsu , Geoffrey-yu

Charting the Global Economy: US Jobs Surge; Taiwan Earthquake Impact

(Bloomberg) -- The US labor market defied projections again with the biggest jump in payrolls in nearly a year, increasing the likelihood that the Federal Reserve will delay interest-rate cuts.Most Read from BloombergSaudis Scale Back Ambition for $1.5 Trillion Desert Project NeomTurkey Joins NATO Allies in Suspending Europe Arms TreatyNY Area Rattled by 4.8 Magnitude Quake, Followed by AftershockIran Tells US to Step Aside as It Readies Response to IsraelZimbabwe Announces New Currency Called t

Beijing , China , Kenya , United-states , Lesotho , Argentina , Chile , Mauritius , Taiwan , Romania , India , Zimbabwe

Australia needs wartime government to confront global crises

Australia needs wartime government to confront global crises
bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.

Yemen , United-kingdom , Russia , Germany , Canberra , Australian-capital-territory , Australia , Israel , South-china-sea , Brunei-general- , Brunei , Gaza

World's Last Negative Rate Experiment Nears Its End in Japan

(Bloomberg) -- The Bank of Japan is widely expected to scrap the world’s last negative interest rate in the coming weeks, marking the closing act of global central banks’ grand experiment with unorthodox policies.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackThese Are the Best Countries for Wealthy Expats‘Oppenheimer’ Wins Seven Oscars Including Best Picture, DirectorSlow US Inflation Retreat Is Set to Bolster Fed Patience on Rate CutsGovernor Kazuo Ueda i

Russia , Washington , United-states , Ukraine , Sweden , Japan , Switzerland , Tokyo , Denmark , Swiss , Jana-randow , Fumio-kishida

Australia needs war time government to confront global crises

Australia needs a war time government but instead we’re collectively sleepwalking through parochial denial about the growing rise of multipolarity and its consequences.

China , United-kingdom , Ukraine , Russia , Red-sea , Djibouti-general- , Djibouti , United-states , Gaza , Israel-general- , Israel , Yemen

Lagarde Sees More Disinflation But Seeks Proof of Return to 2%

(Bloomberg) -- European Central Bank President Christine Lagarde said the retreat in inflation in the euro zone will continue but that she and her colleagues need to see more evidence that price growth is returning to their goal.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniJacob Rothschild, Financier and Philanthropist, Dies at 87Freddie Mercury’s London Residence Lists at £30 MillionPoland’s Famously Frank Top Diplomat Lands a Blow With Rebuff of RussiaAdd

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