Russians' deposits with non-resident banks increased by around 2.5 times between January and November last year to almost 5 trillion roubles, around $82 billion according to the exchange rate at the time, the central bank said on Wednesday.
Credit Agricole CIB, the corporate and investment banking arm of France's second-largest listed bank , named Jamie Mabilat as senior country officer for Italy, it said on Wednesday.
Former Economy Minister Domenico Siniscalco will leave the position of country head for Morgan Stanley Italy after more than 16 years in the post, the investment bank said on Tuesday.
Austria's Raiffeisen Bank International , one of the European banks most exposed to Russia, earned more than half of its profit last year from Russia, a market it is considering exiting after the invasion of Ukraine.
Virgin Money UK Plc said on Wednesday it expected second-half period of the current financial year to benefit from lower costs, after the British lender reported a slight 0.7% lending growth in the first quarter.
Markets are "overpricing" the risk to Indian lenders from their exposure to Adani Group, which was targeted last week in a report by short-seller Hindenburg Research, Societe Generale said, adding that a sell-off in banking shares seems overdone.
Austria's Raiffeisen Bank International , one of the banks in Europe most exposed to Russia, on Tuesday said fourth-quarter profit more than doubled and that it had "advanced" its assessment of the future of its Russia and Belarus business.
A London-based employee of advisory firm Perella Weinberg Partners under investigation for alleged insider trading has died by suicide, two people with knowledge of the situation said on Tuesday.
Norway's wealth fund, one of the world's largest investors, posted a record loss of 1.64 trillion crowns ($164.4 billion) for 2022, bringing to an end a three-year run of soaring profits as stocks and bonds were hit by the Ukraine war and inflation.
European Union banking regulators on Tuesday launched a stress test to check how banks could cope with a long period of high inflation and interest rates just as the European Central Bank is expected to raise borrowing costs further.
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