 | | | | Industrial and Commercial Bank of China , (ICBC) said on Friday its wealth management joint venture with Goldman Sachs Group Inc had received the country's banking regulator's approval to begin operations. | | | | | | Ireland's Permanent TSB may choose to absorb the first two rounds of European Central Bank interest rate hikes and not increase its own mortgage pricing in a bid to grow its market share, the bank's chief executive said on Friday. | | | | | | Britain's finance ministry published on Friday a review of the country's anti-money laundering rules and its system for countering the financing of terrorism, part of a broader push by the government to crack down on economic crime. | | | | | | Lebanon's AM Bank suspended its membership of the country's banking association on Friday over decisions "harming the banking sector" days after the association criticised an IMF draft deal with Lebanon in a letter many member banks were unaware of. | | | | | | A downturn in cryptocurrency prices and crash of one stablecoin has led some investors to try to recover their losses in U.S. court. Here is how cryptocurrency litigation has fared so far and the challenges investors may face. | | | | | | Deutsche Bank's management board members are each taking a 75,000 euro ($78,795) cut in compensation to accept responsibility for employee use of third-party messaging applications at the lender, two people with knowledge of the matter said on Wednesday. | | | | | | State-owned Monte dei Paschi di Siena (MPS) on Thursday announced a 2.5 billion euro ($2.6 billion) cash call under new Chief Executive Luigi Lovaglio. | | | | | | Britain's six-year drive to increase the number of women in senior management at financial firms is "stagnating" for the first time, a review for the finance ministry said on Thursday. | | | | | | The Federal Reserve's commitment to reining in 40-year-high inflation is "unconditional," U.S. central bank chief Jerome Powell told lawmakers on Thursday, even as he acknowledged that sharply higher interest rates may push up unemployment. | | | | | | Italy's Monte dei Paschi di Siena (MPS) is to seek 2.5 billion euros ($2.6 billion) in cash to fund a new strategy, as the bailed-out bank aims to triple its net profit in the next three years. | | | | | |
