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Financial crisis
Update news Financial crisis
Trump review of Wall Street rules to be done in stages: sources
The U.S. government's review of a landmark 2010 financial reform law will not be complete by early June as originally targeted, and officials will now report findings piece-by-piece, with priority given to banking regulations,
Banks paid $321 billion in fines since financial crisis: BCG
Banks across the world have paid about $321 billion in fines since the 2007-2008 financial crisis as regulators stepped up scrutiny,
Asia stocks skid as crude fails to sustain bounce
Asian shares and the dollar surrendered their gains on Thursday as recently volatile crude oil prices seesawed lower, although European shares were still expected to mark opening gains.
Davos leaders look beyond 2016's early market mayhem
Blood-letting in global markets is dominating corridor talk as business leaders and policymakers meet in Davos, although so far the view is that it doesn't signal a financial crisis.
Standard Chartered 'to cut 1,000 senior jobs'
Standard Chartered bank, a London-based lender that makes most of its profit in Asia, could cut up to 1,000 senior jobs, according to an internal memo sent to staff.
US economy expanded between April and May says Federal Reserve
The US Federal Reserve said the economy grew between April and May in its latest assessment of the economy, rebounding from a contraction in the first quarter.
Santander and Deutsche Bank fail US 'stress tests'
Santander and Deutsche Bank have failed a US "stress test" designed to assess whether lenders can withstand another financial crisis.
Lloyds expected to cut 9,000 jobs
Lloyds Banking Group is planning to cut around 9,000 jobs - around a tenth of its entire workforce - over the next three years, the BBC understands.
SBV postpones debt standards
VietNamNet Bridge – The State Bank of Viet Nam has issued a circular allowing commercial banks an additional year before applying new, strict debt classification standards.
OPEC to sit tight over oil output on supply strains
OPEC is set to stick to its oil output limit at a meeting on Wednesday, even as Iraq and Iran eye higher crude exports amid slashed Libyan production.
IMF chief urges better global policy coordination, tailored reforms
International Monetary Fund Managing Director Christine Lagarde on Thursday urged better global policy cooperation and economic reforms that could help tackle specific challenges in both advanced and emerging market economies.
U.S. monetary policy to remain "data-dependent": Fed official
The path of U.S. monetary policy will remain "fully data-dependent" in line with the developments of economic growth, unemployment and inflation, and the current large-scale bond purchase program "will continue for some time,"
U.S. Fed holds steady on stimulus to support economy
The U.S. Federal Reserve said on Wednesday that it will continue its 85-billion-dollar monthly bond purchase program to spur economic growth.
IMF warns of potential financial risks of loose monetary policy
The International Monetary Fund (IMF) on Thursday warned central banks to be alert to the potential financial risks of super-loose monetary policy adopted to cope with the financial crisis.
