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ZURICH: The Swiss National Bank (SNB) owned US equities worth a record US$162bil (RM683.57bil) as of end June, reaping the benefits of a rallying market.
LONDON: Britain’s biggest financial institutions are on track to meet the Bank of England’s (BoE) deadline to be ready for negative interest rates, giving authorities another tool to aid the economy if the recovery fades.
Belgian policy maker says new interest rate guidance goes too far
Markets having second thoughts about rebound
PRESIDENT Christine Lagarde had barely begun unveiling the European Central Bank’s (ECB) new monetary policy strategy this month when she signalled that the Germans were on board.
FRANKFURT (Reuters) - The European Central Bank is set to give the green light on Wednesday to a multi-year project to create a digital version of the euro.
FRANKFURT: On the day before one of the biggest margin calls in history, Deutsche Bank AG chief Christian Sewing joined an urgent meeting with a not-unfamiliar message: there was a problem, and billions of dollars were at stake.