Friday 25 February 2022

Reuters Global Investor: Russian cenbank tells banks to consider postponing dividends

Russian cenbank tells banks to consider postponing dividends

The Russian central bank on Friday told lenders to consider postponing dividends and bonus payments to managers, as it announced measures to ease regulatory requirements for the sector.

EXCLUSIVE Italy eyes bourse rules shake-up to boost Milan's allure, document shows

Italy is looking at overhauling listing, voting and other rules to address the "chronic delays" holding back the country's capital markets and boost Milan's ability to compete with European peers, a Treasury document seen by Reuters showed.

Russian sanctioned banks report enough liquidity to meet clients' demands

Russian banks sanctioned by the West have enough liquidity to meet clients' demands and are doing everything possible to calmly make it through this volatile period, the banks said in a joint statement on Friday.

National Bank of Canada beats quarterly profit expectations

National Bank of Canada beat analysts' estimates for quarterly profit on Friday, as earnings rose 23% from a year earlier, driven by strength in its wealth management and financial markets units.

London Stock Exchange suspends VTB Capital's membership

The London Stock Exchange said on Friday it has suspended VTB Capital's membership following Britain's sanctions in retaliation for Russia's invasion of Ukraine.

Russian c.bank provides banks with $23 bln at 3-day repo auction

Russia's central bank on Friday said it had provided banks with 1.9 trillion roubles ($22.87 billion) out of 3 trillion roubles on offer at a "fine-tuning", three-day repo auction.

Japan's central bank lowers limits on CP, corporate bond purchases

The Bank of Japan (BOJ) said on Friday it had decided to reduce the maximum amounts of commercial paper (CP) and corporate bonds it can buy in a single issuer's outright purchase for the April-September period.

Russian c.bank raises limit for Friday's repo auction to 3 trln rbls

The Russian central bank on Friday said it was raising the limit at a "fine-tuning" repo auction later on Friday to 3 trillion roubles ($35.55 billion) from 2 trillion roubles, as it works to maintain stability on financial markets.

Ukraine central bank bans payments to Russia, Belarus

Ukraine's central bank has banned payments to entities in Russia and Belarus as well as operations involving both nations' currencies, the regulator said on Friday, a day after Russia launched a full-scale invasion.

EU promises further sanctions as Ukraine's president pleads for more

The European Union is planning a third round of sanctions against Moscow, an EU official said on Friday, minutes after Ukraine's president pleaded with the bloc for faster and more forceful steps to punish Russia for its invasion of his country.

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