“She’s well-trusted in the government and by the president,” said Sofya Donets, an economist at Renaissance Capital in Moscow who worked at the central bank from 2007 to 2019. In recent years, it was quite evident that all kinds of policy questions in the financial sphere were delegated to the […]
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Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa, Ontario, Canada April 13, 2022. REUTERS/Blair Gable Register now for FREE unlimited access to Reuters.com Register TORONTO, April 21 (Reuters) – The Bank of Canada could consider a larger rate increase than the half-point move it […]
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Bank for International Settlements (BIS) General Manager Agustin Carstens leaves after G-20 finance ministers and central banks governors family photo during the IMF/World Bank spring meeting in Washington, U.S., April 20, 2018. REUTERS/Yuri Gripas Register now for FREE unlimited access to Reuters.com Register LONDON, April 5 (Reuters) – The world […]
NEW DELHI: Mortgage lender HDFC will merge with HDFC Bank to create India’s third-biggest financial entity in terms of market capitalisation. The proposed merger will enable HDFC Bank to build its housing loan portfolio and enhance its existing customer base. Post the merger, HDFC Bank will be 100 per cent […]
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Sberbank pulls out of European market after ECB order Says faces cash outflows, threats to staff and property Says has enough resources to pay all depositors 2021 net profit up 64% to record 1.25 trln roubles MOSCOW, March 2 (Reuters) – Russia’s largest lender Sberbank (SBER.MM) is quitting almost all […]
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Russian Rouble coins are seen in front of displayed descending stock graph in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Central bank raises key rate to 20% from 9.5% Moved aimed at addressing rouble, inflation Russia tells companies to sell […]