 | | | | Citigroup Inc is in talks with Russian private lender Expobank over a possible sale of some of its operations in the country, the latest attempt by a Western bank to quit sanctions-hit Russia, a source familiar with the matter told Reuters. | | | | | | Italy's state-owned bad loan specialist AMCO said on Friday it had signed an agreement with lender Intesa Sanpaolo to purchase a portfolio of non-performing leasing credits with a gross value of around 1.4 billion euros ($1.46 billion). | | | | | | It may just boil down to semantics, and in good times when inflation is low it's not an issue at all. But the Fed has a communication problem. | | | | | | Openpay Group , an Australian buy-now-pay-later (BNPL) firm, has halted operations in the United States four months after describing it as its main growth market, the latest casualty among consumer finance startups as rising interest rates bite. | | | | | | The credit rating agency Moody's on Thursday downgraded Commerzbank by a notch and said the outlook was stable. | | | | | | Singapore's financial regulator has accused embattled crypto hedge fund Three Arrows Capital of exceeding its assets threshold and providing false information. | | | | | | Intercontinental Exchange said on Thursday it would stop clearing credit default swaps in London next year and shift the activity to Chicago, helping to shield itself from any rupture from the European Union. | | | | | | HSBC Holdings PLC plans to relaunch its India private banking business within a year, its India CEO told Reuters on Thursday, after the Asia-focused lender has identified the country as a key strategic market for growth. | | | | | | Chinese tech giants including Tencent Holdings and Ant Group have signed a pact to stop the secondary trading of digital collectibles and "self-regulate" their activities in the market, Chinese state media reported on Thursday. | | | | | | Goldman Sachs Group Inc said on Thursday it is launching a partnership with capital markets technology firm Derivative Path that opens the door to thousands of U.S. regional banks and credit unions becoming clients of its foreign exchange services. | | | | | |
