Tag: Finance
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South Korean Regulator Requests $4 Billion Financing from Major Banks to Support Troubled Credit Cooperative
In a bid to support MG Community Credit Cooperatives (MGCCC), South Korea's financial services regulator has approached major commercial banks in the country, directing...
UBS Bolsters U.S. Wealth Management with Recruitment Drive Amidst Global Workforce Evaluation
Zurich, Switzerland - UBS (UBSG.S), the world's second-largest wealth manager following its takeover of Credit Suisse, is on a mission to expand its foothold...
Dollar shudders, yen slumps as Fed rate bulldozes on
The yen remained just below the significant psychological level of 145 per U.S. dollar on Monday, while the dollar faced some downward pressure following...
Oil surfs high; rouble tanks as economies feign ignorance
Oil prices inched higher on Monday as concerns over Russian stability and crude supply emerged following an unsuccessful mutiny attempt by Russian mercenaries over...
China roots out loan benchmarks to bring back blooming demand
China has implemented a series of key lending benchmark reductions for the first time in 10 months, signalling its efforts to support a slowing...