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Finance watchdog approves Vatican reforms, urges bank oversight

YoopyaDec 12, 2013December 31, 20230

(Reuters) – The Vatican has made significant progress in financial reforms but still risks being used for money laundering unless it strengthens controls, a European

Wall Street Week Ahead: Torn between bulls and bears

YoopyaDec 7, 2013December 31, 20230

(Reuters) – Monday morning will be decision time for traders and investors: Should they buy or sell after Friday’s steep decline that pushed the S&P 500 below

China central bank warns banks against use of bitcoin

YoopyaDec 5, 2013May 21, 20230

(Reuters) – China’s central bank warned on Thursday that financial institutions should not trade the digital currency bitcoin, saying that while it does not yet

JPMorgan warns 465,000 card users on data loss after cyber attack

YoopyaDec 5, 2013January 31, 20240

(Reuters) – JPMorgan Chase & Co is warning some 465,000 holders of prepaid cash cards issued by the bank that their personal information may have been accessed

Price growth and jobless fall eases pressure on ECB to act

YoopyaNov 29, 2013January 31, 20240

(Reuters) – A pick-up in inflation this month eases pressure on the European Central Bank to act next week, and the first fall in unemployment

Sallie Krawcheck: Wall Street boss who was glad to be sacked

YoopyaNov 4, 2013March 3, 20240

Sallie Krawcheck used to be the most powerful woman on Wall Street – before two very public sackings at the height of the financial collapse.

India rupee bounces from record low as central bank moves on oil imports

YoopyaAug 29, 2013May 15, 20240

(Reuters) – The Indian rupee rebounded on Thursday from a record low after the central bank’s move to provide dollars directly to oil companies provided

Insight: Trades from 1990s come back to haunt Wall Street

YoopyaAug 26, 2013April 21, 20240

(Reuters) – In the 1990s, U.S. banks came up with a clever idea: using life insurance to bet that their employees would eventually die. Now those wagers are coming

China money rates fall but worries over cash squeeze linger

YoopyaAug 22, 2013April 21, 20240

(Reuters) – China’s money rates fell slightly on Thursday after the People’s Bank of China injected more funds into the market, signaling its intention to keep rates

China to set up more private banks to help small firms

YoopyaAug 21, 2013April 21, 20240

(Reuters) – China’s cabinet has unveiled plans to set up more private banks to boost financial support for cash-starved smaller firms, in the latest bid to bolster