Monday, December 23, 2024
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Why banks are (probably) rooting for Donald Trump

US banks have a lot riding on the outcome of Election Day even if they’re not 100% sure how either...

Bank of England to press on with digital currency in case banks fall short, Bailey says

By David Milliken WASHINGTON (Reuters) - The Bank of England is reluctantly pressing on with work to create a form...

China tells banks to start cutting rates on existing mortgages

BEIJING (Reuters) - The People's Bank of China (PBOC) told commercial banks on Sunday to start lowering interest rates on all existing housing loans,...

China to cut existing mortgage rates by end-Oct, cities ease home-buying curbs

BEIJING (Reuters) -China's central bank said on Sunday it would tell banks to lower mortgage rates for existing home loans before Oct. 31, as...

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