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15 Mar

Italy's UniCredit says considering exiting Russia

MILAN (Reuters) -UniCredit is studying ways to exit Russia following the invasion of Ukraine, but needs to find a solution for its 4,000 local staff and European companies it serves which are also trying to leave, the Italian bank's CEO said.

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15 Mar

Credit Suisse CEO says 4% of bank's wealth management assets held by Russians

Around 4% of the assets Credit Suisse manages in wealth management belong to Russian clients, Chief Executive Thomas Gottstein said on Tuesday.

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15 Mar

Protests flare in crisis-hit Sri Lanka as govt readies for IMF talks

COLOMBO (Reuters) -Opposition leaders led a march of hundreds of protesters through Sri Lanka's main city of Colombo on Tuesday as anger grows over a worsening economic crisis that has brought fuel shortages and spiralling food prices.

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15 Mar

Analysis-BoE's Bailey heads into tough third year with criticisms ringing

Andrew Bailey is leading the Bank of England into one of its most complex challenges in decades while facing criticism of his record in a key part of the job - how to explain his thinking and that of the central bank.

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15 Mar

Japan calls for 'stable' FX moves as weak yen weighs on import-reliant economy

TOKYO (Reuters) -Japan will closely watch exchange-rate moves as market stability was "very important," Finance Minister Shunichi Suzuki said on Tuesday in the wake of the yen's decline to a five-year low against the dollar.

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15 Mar

SoftBank execs to leave boards of India's Paytm, Policybazaar - source

Representatives of SoftBank Group Corp will step down from the boards of Indian digital payments firm Paytm and the parent of online insurance aggregator Policybazaar, a person with direct knowledge of the matter said.

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15 Mar

Euro rises on hopes of progress in Ukraine peace talks

The euro rose on Tuesday on hopes of progress in peace talks between Ukraine and Russia despite soaring COVID-19 cases in China dampening risk appetite.

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