Bank
Former Fed chief Bernanke to set out Bank of England reforms
FORMER Federal Reserve Chair Ben Bernanke will set out on Friday how the Bank of England should reform its economic forecasting, after a surge in inflation to its highest...
Bank of Korea set to hold interest rates during transition after elections
THE Bank of Korea (BOK) is expected to keep its policy settings unchanged on Friday (Apr 12), opting to continue its inflation fight in a steady manner as the...
Bitcoin seen below US$20,000 in consumer survey by Deutsche Bank
CONSUMERS are divided over Bitcoin’s staying power, with about one-third expecting the world’s largest cryptocurrency to slide below US$20,000 by the end of the year, according to a survey...
Swiss National Bank’s chairman against issuing retail central bank digital currency
THE Swiss National Bank sees no need for a central bank digital currency (CBDC) to be issued to the general public, chairman Thomas Jordan said on Monday (Apr 8).
“Consumers...
Bain Capital to sell US$429 million stake in India’s Axis Bank, term sheet shows
BAIN Capital plans to sell stake worth US$429 million in Indian private lender Axis Bank on Tuesday (Apr 9), according to a term sheet seen by Reuters.
The private equity...
China’s central bank adds more gold to its reserves in March
CHINA’S central bank added 160,000 troy ounces of gold to its reserves in March, it said, in line with the market view that persistent official sector demand had supported...
A year into his job, Bank of Japan chief Ueda gets one mission accomplished
A YEAR into his job, Bank of Japan (BOJ) governor Kazuo Ueda said he had achieved a goal he set when taking the helm: changing the bank’s complex monetary...
Who Is Nadine Ahn? Royal Bank of Canada Fires Female CFO Over Secret Affair with Employee Who Was Given Bigger Pay and Promotions
Royal Bank of Canada fired its chief financial officer after she failed to disclose a personal relationship with a colleague who allegedly received promotions and salary increases as a...
