 | | | | Russia's banks will need a wider recapitalisation, Andrey Kostin, CEO of No.2 lender VTB , has told the TASS news agency, with the scale of it to be determined later this year once there is a clearer picture of the losses the sector faces. | | | | | | The U.S. Treasury yield curve, already hammered into a flat line after one of its worst quarters in decades, is set to remain off its normal upwardly-sloping shape over the coming year, according to a Reuters poll of bond strategists. | | | | | | Credit servicer doValue Greece, a subsidiary of Italy's biggest debt recovery firm doValue , said on Tuesday it was awarded a new loan servicing mandate for a 500 million euro ($548.4 million) bad loan portfolio named Project Neptune. | | | | | | JPMorgan could lose about $1 billion on its Russia exposure, Chief Executive Jamie Dimon said on Monday, detailing the extent of the bank's potential losses from the conflict in Ukraine for the first time. | | | | | | Britain's Financial Conduct Authority (FCA) has hired two new directors of authorisations, it said on Tuesday, as it fills 95 new licensing posts after industry and lawmaker criticism for being slow to authorise firms. | | | | | | India's largest private lender HDFC Bank's $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the bank in the insurance sector, analysts said. | | | | | | Sanctioned Russian lender VTB made coupon payouts in roubles to holders of its subordinated bonds denominated in U.S. dollars and euros, the National Settlement Depository said on Tuesday. | | | | | | Last week, a top U.S. banking regulator warned of growing risks as banks start to capitalize on the popularity of cryptocurrencies to offer related services to clients. | | | | | | Former Central Bank of Sri Lanka (CBSL) official P. Nandalal Weerasinghe said on Monday he had accepted an offer from the country's president to become the bank's next governor amid a deepening economic crisis and unrest. | | | | | | Citigroup Inc agreed to sell its consumer banking business in Bahrain to Ahli United Bank BSC (AUB) for an undisclosed sum, the U.S. bank said on Monday, as it exits retail operations in 13 markets across the globe. | | | | | |
