 | | | | Hungary's central bank said on Friday that its tax-adjusted core inflation gauge jumped to 13.8% in June from 12.2% year-on-year in May. | | | | | | The Czech National Bank's foreign exchange reserves declined to 151.3 billion euros by the end of June from a revised 156.4 billion in May, the central bank said on Friday. | | | | | | Russia's Gazprombank is exploring strategic options for its Swiss business, including a possible sale of all or parts of it, Zurich-based Gazprombank Switzerland said on Friday. | | | | | | Reform of insurance capital rules should not be a "free lunch" that puts pensioners and policyholders at risk, Bank of England Deputy Governor Sam Woods said on Friday, as the industry debates rule changes potentially delayed by political turmoil. | | | | | | New Zealand's central bank on Friday issued a formal warning to National Australia Bank Ltd's local unit for failing to report around 50,000 transactions as required by anti-money laundering and counter-terrorism laws. | | | | | | Major European Union banks have significantly improved the quality of their core capital, but need to clear more "legacy instruments" from their reserves, the bloc's banking watchdog said on Thursday. | | | | | | Italy's liabilities towards other euro zone central banks jumped to a new record high in June, central bank data showed on Thursday. | | | | | | The Bank of Japan is expected to raise its inflation forecast but maintain ultra-low interest rates at this month's policy meeting, sources say, as fears of a U.S. recession and rising input costs cloud the outlook for its fragile economic recovery. | | | | | | British bank NatWest has joined rivals in handing out an unscheduled pay boost to staff to help shield them from soaring price rises, according to an internal memo seen by Reuters on Thursday. | | | | | | Hungary's central bank raised its one-week deposit rate by a whopping 200 bps to 9.75% on Thursday and the government pledged to rein in the budget deficit in a bid to shore up the forint after it plunged to record lows this week. | | | | | |
