ZURICH (Reuters) – The Swiss National Bank will consider closely the size of UBS following the completion of its takeover of Credit Suisse, the central bank’s vice-chairman said on Thursda[...]
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Politics
Explainer-What is the ‘Bridgetown Initiative’ asking for at Paris summit?
PARIS (Reuters) – President Macron hosts a summit in Paris starting Thursday to discuss reform of the world’s multilateral finance institutions in the face of climate change and other deve[...]
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World Bank should add disaster clauses to debt agreements- Yellen
PARIS (Reuters) -U.S. Treasury Secretary Janet Yellen said on Thursday the World Bank should add disaster clauses to debt agreements with poorer countries, speaking ahead of a summit in Paris that wil[...]
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Australia to decide fate of central bank chief in July
By Wayne Cole SYDNEY (Reuters) -The head of Australia’s central bank will find out in July whether he will be reappointed to a second term, as customary, or be passed over for a new leader as pa[...]
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Powell: Half-point of additional hikes a ‘good guess’ of policy outcome
By Howard Schneider WASHINGTON (Reuters) -Further Federal Reserve rate increases are “a pretty good guess” of where the central bank is heading if the economy continues in its current dire[...]
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Lockheed still working with US government on F-35 jet
(Reuters) – U.S. defense contractor Lockheed Martin said on Wednesday it was continuing to work with the government on capability and performance upgrades for its F-35 jets. Lockheed, which expe[...]
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Fed’s Powell, in testimony, says inflation fight has “long way to go”
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve’s fight to lower inflation back to its 2% target “has a long way to go,” Federal Reserve Chair Jerome Powell said[...]
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Powell says U.S. Fed will make “judgment call” on costs of new regulations
By Pete Schroeder WASHINGTON (Reuters) -Raising U.S. bank capital requirements to guard against future losses could increase the cost of credit but that may be justified to ensure the U.S. banking sys[...]
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Powell: Fed inflation fight “has a long way to go”
NEW YORK (Reuters) – The Federal Reserve’s fight to lower inflation back to its 2% target “has a long way to go,” Federal Reserve Chair Jerome Powell said on Wednesday in testi[...]
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