BANK of Japan (BOJ) deputy governor Masazumi Wakatabe said on Thursday (Feb 2) that there was “absolutely no change” in the central bank’s commitment to maintaining its ultra-loose monetary policy.
CREDIT Suisse Group is weighing a plan to carve up its investment bank in China by retaining a domestic unit and shifting the overseas operation to the new CS First Boston division, people familiar with the matter said.
AUSTRALIA will replace the portrait of Queen Elizabeth II from its A$5 currency note with a new design to reflect and honour the history of its Indigenous culture, the country’s central bank said on Thursday.
BARCLAYS is weighing an increase in the bonus pool for its fixed-income trading division, with the unit expected to produce record revenue after 2022’s wild market swings.
THE European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how big these will be.
THE Federal Reserve raised its target interest rate by a quarter of a percentage point on Wednesday, yet continued to promise “ongoing increases” in borrowing costs as part of its still unresolved battle against inflation.
THE Federal Reserve raised its target interest rate by a quarter of a percentage point on Wednesday, yet continued to promise “ongoing increases” in borrowing costs as part of its still unresolved battle against inflation.
