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Russia says targeting banks would be "economic war"

Russia warned the United States on Friday it would regard any U.S. move to curb the activities of its banks as a declaration of economic war which it would retaliate against, stepping up a war of words with Washington over spiralling sanctions......»»

Category: videoSource: reutersAug 10th, 2018

Inflation Targeting Madness: Russia Raises Rates Again

Authored by Tom Luongo, I continue to wonder who Bank of Russia President Elvira Nabuillina works for.  Seriously.  On Friday, in response to solid growth in Russian economic s.....»»

Category: blogSource: zerohedgeDec 19th, 2018

Russia: US sanctions over Novichok are "economic war," and all options are on the table to hit back

Reuters Russia would consider any US move to curb the operations of Russian banks or their foreign currency .....»»

Category: topSource: businessinsiderAug 10th, 2018

Here"s What Fed"s Dovish Economic Stance Means for Banks

The Federal Reserve's abrupt halt in interest rate hikes this year and dovish economic outlook is expected to hurt banks' profitabili.....»»

Category: worldSource: nytMar 22nd, 2019

Central banks stuck in holding pattern

A host of central banks meet next week, but with a global economic slowdown underway alongside political and trade strife, they are unlikely to tinker much, if at all, with policy......»»

Category: topSource: reutersMar 15th, 2019

Russia"s top banks plot temporary sanctions workaround: sources

Leading Russian banks are working on plans to help each other retain at least short-term access to the global financial system in the event that they are hit by fresh U.S. sanctions, sources familiar with the matter told Reuters......»»

Category: topSource: reutersMar 14th, 2019

Shares stabilize after worst week of year, Brexit stresses sterling

Talk of more stimulus from China helped world share markets regain some ground on Monday after a slew of disappointing economic data and growth warnings from central banks triggered their worst weekly performance so far this year......»»

Category: topSource: reutersMar 11th, 2019

Shares bounce after worst week of year, Brexit stresses sterling

Talk of more stimulus from China helped world share markets regain some ground on Monday after a slew of concerning economic data and growth warnings from central banks triggered their worst weekly performance so far this year......»»

Category: topSource: reutersMar 11th, 2019

Financial scams targeting the elderly cost millions

U.S. banks reported a record 24,454 suspected cases of elder financial abuse last year, more than double the amount five years earlier.....»»

Category: topSource: moneycentralMar 8th, 2019

Dow slides 200 points, posts 4-day drop

Stocks fell on Thursday after the European Central Bank slashed its economic growth forecast for 2019 and announced a new round of stimulus to help banks in the region, stoking worries over the global economy......»»

Category: topSource: moneycentralMar 7th, 2019

Wall Street drops for fourth day as ECB stokes growth worries

Wall Street's main indexes fell for a fourth consecutive session on Thursday, after Europe's central bank said it would defer interest rate hikes and offered banks a new round of cheap loans, raising fresh concerns about global economic growth......»»

Category: topSource: reutersMar 7th, 2019

Russia Slides Towards Internal Political Crisis

Submitted by SouthFront, The Russia of 2019 is in a complicated economic and even political situation. Smoldering conflicts near its bord.....»»

Category: blogSource: zerohedgeFeb 28th, 2019

Microsoft says it has found another Russian operation targeting prominent think tanks

Microsoft said it had found and attempted to disrupt a "spear-phishing" attack by Russian intelligence aimed at groups that had criticized Russia......»»

Category: topSource: washpostFeb 19th, 2019

German banks maneuver in Washington to temper Russia sanction risk

German banks are seeking to blunt any fresh U.S. sanctions against Russia so they can continue existing business with Russian clients, according to an internal briefing paper prepared by a financial industry lobby group......»»

Category: topSource: reutersFeb 8th, 2019

Fed gives banks more stress test information, unveils 2019 scenarios

The Federal Reserve moved on Tuesday to make its stress testing of large banks more transparent, providing financial firms significantly more information about how their portfolios would perform under potential economic shocks......»»

Category: topSource: moneycentralFeb 5th, 2019

China releasing more cash to banks as PBOC works to offset economic slowdown

China's central bank said on Friday it will release about 250 billion yuan ($37 billion) in additi.....»»

Category: topSource: marketwatchJan 25th, 2019

As outlook darkens, central banks think hard about their language

As central banks stock up on policy ammunition in the face of a worsening global economic outlook, they are having to reassess one of their most delicate weapons - the 'forward guidance' they use to flag their intentions to the markets......»»

Category: topSource: reutersJan 21st, 2019

Central Banks Struggle With Policy Settings

The eurozone’s economic slowdown has taken European Central Bank officials by surprise, potentially disrupting their plans to lift short-term interest rates this year......»»

Category: europeSource: wsjJan 20th, 2019

4 Big Banks Still Valued at or Under Book Value After Earnings Gains

Earnings season for the fourth quarter is bringing some very mixed fanfare for investors at a time when economic numbers are slowing and earnings growth is expected to be easing. Just don’t........»»

Category: blogSource: 247wallstJan 19th, 2019

Banks turn stocks red, pound finds some peace

Concern over China's economic outlook and possible U.S. tariffs on European cars dragged stocks lower on Thursday, while an anti-climactic end to the latest chapter in the Brexit saga offered sterling a moment's peace......»»

Category: topSource: reutersJan 17th, 2019

The Tell: Eisman of ‘The Big Short’ fame says he’s shorting U.K. banks because nobody has ‘any idea’ about ‘economic impact of Brexit’

Investor Steve Eisman says he’s betting against U.K. banks amid a testy Brexit negotiation......»»

Category: topSource: marketwatchJan 16th, 2019