If it ain't broke: Canadians want central bank to keep policy framework

OTTAWA (Reuters) – The Bank of Canada should not change its three-decade old monetary policy framework, which is flexible enough to deal with bouts of price increases, particularly as tweaking it could trigger more public anxiety over hot inflation, analysts say.FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, […]

ECB policymaker Kazimir charged with bribery, denies wrongdoing

FILE PHOTO: Peter Kazimir, when Slovakia’s Finance Minister, attends the Asian Financial Forum in Hong Kong, China January 15, 2018. REUTERS/Bobby YipPRAGUE (Reuters) – Slovak central bank Governor and European Central Bank governing council member Peter Kazimir has been charged with bribery but denies wrongdoing and will defend himself against the charges, Kazimir and his […]

Credit Suisse identifies $2.3 billion of exposed assets in Greensill-linked funds

ZURICH (Reuters) – Credit Suisse has identified $2.3 billion worth of loans exposed to financial and litigation uncertainties in its Greensill-linked supply chain finance funds, it told investors on Tuesday.FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. REUTERS/Arnd WiegmannSwitzerland’s second-biggest bank has been […]

Greensill Capital in trouble as Credit Suisse suspends funds

ZURICH/LONDON (Reuters) – Supply chain finance firm Greensill Capital could file for insolvency within days, the Wall Street Journal reported on Monday, after Credit Suisse earlier said it had suspended $10 billion of funds that backed the London-based company’s lending operations.FILE PHOTO: A logo of Credit Suisse is pictured on a building in Geneva, Switzerland, […]