Barclays braces for bad loans despite jump in profits
Barclays is bracing for a hit from bad loans as the economic outlook darkens, even after it posted a jump in profits.
The British lender more...
Britain’s new PM eyes delay to crunch budget plan
British Prime Minister Rishi Sunak could postpone an eagerly-awaited budget plan due next week, a senior minister said Wednesday, as the youthful new leader...
EU to propose banks offer mandatory ‘instant payments’ in euros
Banks in the euro zone would be required to provide 'instant payments' in the single currency 24/7 under draft European Union rules seen by...
Investors warm to European debt after rates turn positive – funding officials
Investors that were previously put off by negative interest rates in Europe in recent years are starting to return to market, funding officials for...
Euro zone banks see falling loan demand, tighter access to credit in Q4
Euro zone banks expect to tighten access to credit further in the fourth quarter and see a drop in loan demand as economic growth...
