 | | | | Credit Suisse is in the early stages of weighing options to bolster its capital after a string of losses has eroded its financial buffers, two people with knowledge of the matter told Reuters. | | | | | | Major Credit Suisse shareholder Harris Associates sees no need for the Swiss bank to raise fresh equity capital, it said on Tuesday after Reuters reported the bank was weighing options to shore up its balance sheet. | | | | | | Russia's largest lender Sberbank said on Tuesday new European sanctions would not impact its operations after European Union leaders agreed to cut bank that was already under sanctions from the SWIFT messaging system. | | | | | | Turkey's banking sector needs to prioritize sectors that will have a long term contribution to the economy, the country's banking watchdog Chairman Mehmet Ali Akben said on Monday. | | | | | | SPB Exchange, Russia's second-largest bourse, said on Monday it will transfer up to 14% of U.S.-listed shares that its clients possess to a non-trading account after the central bank said it will restrict trading in some foreign shares. | | | | | | Robinhood Markets Inc has agreed in principle to settle a proposed class action filed by customers in the United States who claimed the investment app's outages in March 2020 shut them out of trading on pandemic-related volatility. | | | | | | Financial inclusion levels in Mexico have worsened since 2018, official statistics show, despite a burst of financial startups hoping to 'bank the unbanked'. | | | | | | Morgan Stanley chief executive officer James Gorman told shareholders during the bank's annual general meeting on Thursday that he does not plan to retire soon, and added that he puts the chances of a U.S. recession at less than 50%. | | | | | | Cryptocurrency firms, many of which lined the main street in Davos this week, were told they will need to clean up their act before gaining complete acceptance from the World Economic Forum's old guard. | | | | | | Southeast Asia and Latin America are strong growth regions for Mastercard after its withdrawal from Russia in March and India's 2021 ban on it from issuing new cards, the company's co-president for international markets said. | | | | | |
