Latest News for: cut bank

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CarVal cuts Bank of Cyprus stake to 5.9 per cent

CyprusMail 14 Jan 2025
Global investment fund CarVal Investors has reduced its shareholding in the Bank of Cyprus ...
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Australian dollar continues to plunge against the USD: Here's what the 'bloodbath' means for your ...

The Daily Mail 14 Jan 2025
This has sparked fears the falling Australian dollar will lead to higher prices on imports and mean the Reserve Bank of Australia (RBA) will be reluctant to cut rates, dashing hope of any relief from mortgage payments.
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'Politically Suicidal': John McDonnell Warns Reeves Spending Cuts Could Cause Recession

Huffington Post 14 Jan 2025
John McDonnell has warned Rachel Reeves that any public spending cuts would be “politically suicidal” and risk tipping the UK into recession ... cuts ... “The way you do that is you don’t turn to cuts.
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Digital Consumers: How Nigerian Banks Can Cash-in on Digitization

This Day 14 Jan 2025
Banks have learned that simply cut-and-pasting existing services into emergent digital channels is not enough ... Banks should start thinking of services like mobile cheques deposits, this can both cut ...
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Markets fall as traders trim US rate cut bets

The Daily Tribune - Bahrain 14 Jan 2025
“Given a resilient labour market, we now think the Fed cutting cycle is over,” said Bank of America’s Aditya Bhave and other economists ... O’Hare said the earnings of big banks, ...
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US bank profits likely boosted by higher deal fees, trading

CyprusMail 14 Jan 2025
NII broadly improved in the second half of last year, in part because the Federal Reserve’s rate cuts eased pressure on banks to pay more to depositors to keep funds parked in their accounts.
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Telcos to suspend 18 banks’ USSD access over N200bn debt

Business Day Online 14 Jan 2025
Telecommunication companies acting under the directive of the Nigerian Communications Commission (NCC) are set to temporarily cut off 18 banks’. read more Telcos to suspend 18 banks’ USSD access over N200bn debt ... .
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China said to cut pay by half for staff at top financial regulators

The Times of India 14 Jan 2025
China implements significant pay cuts for staff at its top three financial ...
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Future interest rate cuts could ‘pour more gas on the fire’ of already strong M&A market

Grand Rapids Business Journal 14 Jan 2025
PNC Bank expects the Federal Open Market Committee to cut the federal funds rate by a quarter point each in March and June, “and then hold the rate steady in a range between 3.75% and 4% in the second half of this year and into 2026.”.
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Lloyds staff face losing their bonus if they don't go into the office as banking ...

The Daily Mail 14 Jan 2025
Senior staff at Lloyds Banking Group have been informed that the firm may cut their bonuses should they fail to go into the office at least twice per week ... Senior staff at Lloyd's Banking Group have ...
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What I learnt … about getting the best price for your company

The Times/The Sunday Times 14 Jan 2025
Born in France but considering herself a Londoner, having worked in the UK all her professional life, Tratchet cut her teeth in the investment banking arm of Deutsche Bank before setting up her own boutique in 2016 ... Related articles ... .
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USD/ZAR: South African rand is rising, but a rebound is coming

Invezz 14 Jan 2025
As a result, this performance gives the South African Reserve Bank (SARB) room to cut interest rates this year ... The bank will deliver more cuts later this year, a move that will boost economic growth ...
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Financial market predictions for 2025 by global broker Octa

Vietnam News 14 Jan 2025
... and 50 bps from the Bank of England (BoE) ... However, should we avoid the worst-case scenario, global central banks will likely continue to cut interest rates, pulling stocks and crypto assets higher.
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Bulls stage 983-point rally on value-hunting

Dawn 14 Jan 2025
Anticipation of 100bps cut in interest rates in the upcoming State Bank of Pakistan’s Monetary Policy Committee, scheduled for Jan 27, expectation of January inflation may land at 3-3.5pc and ...

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