 | | | | Bank of America has set aside around $200 million for a regulatory matter connected to the unauthorized use of personal phones, its chief financial officer Alastair Borthwick said on Monday, adding that he expects the matter to be settled soon. | | | | | | Goldman Sachs Group Inc on Monday reported a smaller-than-expected 48% slump in second-quarter profit, buffered by the strength in its fixed-income trading as investors realigned their bets amid market volatility. | | | | | | The Dutch central bank (DNB) on Monday said it had fined Binance, one of the biggest cryptocurrency exchanges, 3.3 million euros ($3.35 million) for offering services in the Netherlands without being registered in the country. | | | | | | Credit Suisse said in an update on its Supply Chain Finance Funds (SCFF) that $291 million have been provisioned by the funds for the estimated recovery costs from 2021 to 2026. | | | | | | Bank of America Corp beat analysts' estimates for second-quarter profit on Monday, with healthy consumer spending and strong demand for loans limiting the hit to its investment banking business. | | | | | | India's Yes Bank is seeking to raise about $1 billion this financial year, its chief executive officer said on Monday, as the private lender exits a reconstruction scheme after two years. | | | | | | The Russian central bank said on Monday it had provided banks with 1 billion roubles ($17.64 million) at a one-year repo auction, as it seeks to help lending institutions manage their liquidity. | | | | | | The Philippine central bank is ready to use available tools to bring inflation back within the official 2%-4% target range, its governor said on Monday, after last week's surprise 75 basis points hike in key interest rates. | | | | | | U.S. bank executives said they're optimistic on loan growth as demand for borrowing from retail and business customers bounced back in the second quarter from the lows of the pandemic, but warned demand could weaken later this year if the worsening economic outlook starts to hurt consumer confidence. | | | | | | JPMorgan has hired Kelvin Goh from rival Citigroup to be its head of financial institutions group (FIG) for Asia Pacific, according to a memo seen by Reuters. | | | | | |
