 | | | | The Spanish supervisor has fined Deutsche Bank 3 million euros ($3.32 million) after applying significantly higher spreads on clients' repurchase of structured bonds issued by the German lender and failing to disclose it. | | | | | | The Czech National Bank is set to raise its main rate by 50 basis points to 5.00% on March 31, a Reuters poll showed on Tuesday, which would be the highest since 2001 as policymakers battle an inflation surge exacerbated by the Ukraine war. | | | | | | Russia said on Tuesday it was launching a buyback offer on its $2 billion sovereign Eurobonds maturing on April 4, its biggest debt payment of the year, and would make full payment to bondholders taking up the offer in roubles. | | | | | | A supervisory body of Hong Kong's central bank has decided to replace a unit of State Street Corp as manager of the territory's largest exchange-traded fund of more than $14 billion, the first such move since the vehicle was launched more than two decades ago. | | | | | | Lionel Messi has signed an agreement worth more than $20 million to promote digital fan token company Socios.com, a source close to the deal told Reuters on Tuesday. | | | | | | Shares in Barclays fell as much as 6% in early trading on Tuesday, after one of its top investors offloaded a $1.2 billion chunk of stock in the lender at a discount overnight. | | | | | | U.S. sanctions against Russia should hasten a move by some countries to reduce their reliance on the U.S. dollar, which could also soften demand for Treasuries just as the Federal Reserve, the largest holder of U.S. debt, looks to cut its bond holdings. | | | | | | The European Central Bank is ready to organise a scheme for millions of Ukrainian refugees to exchange their hryvnia currency into euros if the EU gives the ECB a guarantee that would cover the bank's risk, an ECB document showed. | | | | | | French club AS Monaco announced on Tuesday a partnership with Capital Block to develop NFTs (non-fungible tokens), marking the latest foray of a soccer team into the world of cryptocurrency and digital coins. | | | | | | Analysts and investors of major Wall Street banks are eagerly anticipating any insight from executives on the outlook for consumer spending and borrowing, a key source of revenue, when first-quarter earnings are unveiled next month. | | | | | |
