Banking reform in China: Too little, too late?

Japan, and the European Union, but to do so, it must make key reforms in its financial industry or else lay the foundation for economic disaster. More specifically, there must be reforms in China’s commercial and shadow banking sectors. If these reforms ... ( read original story ...)

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Gold steady ahead of central bank meetings

Gold prices steadied early on Thursday, with the dollar firming as markets waited for clues on the future of key stimulus programmes in upcoming Bank of Japan and European Central Bank meetings. * Spot gold (XAU=) was nearly unchanged at $1,240.07 per ... ( read original story ...)

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Global stocks lower on central bank focus

Still, foreign exchange markets reacted by pushing the euro higher. That followed the Bank of Japan’s decision on Thursday to keep its monetary policy unchanged, while pushing back its expected time frame for achieving its 2 per cent inflation target to ... ( read original story ...)

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Japanese bank Nomura has officially picked Frankfurt as its post-Brexit HQ and will move jobs out of London

LONDON – Japanese bank Nomura has confirmed reports it is applying for a licence to operate in Frankfurt as its European Union base after Brexit. Currently, its official European HQ is in London. The move will affect very few employees — the bank will ... ( read original story ...)

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Like other major central banks, the BoJ has recently bumped up its growth forecasts and lowered its inflation estimates for this year and next. But while his peers at the Fed and (slowly but surely) the ECB have embarked on the path of policy normalisation ... ( read original story ...)

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MacOS Malware Targets Swiss Bank Customers Via Phishing Emails

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