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Finance
Amazon Web Services plans $8.4 billion cloud investment in Germany

STOCKHOLM, May 15 (Reuters) – Amazon (AMZNO), opens new tab Web Services (AWS) said on...

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May 15, 2024

Finance
Commerzbank reports better-than-expected 29% rise in Q1 profit

FRANKFURT, May 15 (Reuters) – Germany’s Commerzbank (CBKGDE), opens new tab posted a...

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May 15, 2024

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BNP Paribas CEO dampens hopes for European bank M&A revival

PARIS, May 14 (Reuters) – The boss of the euro zone’s most valuable lender BNP...

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May 14, 2024

Finance
UBS announces equity conversion provision for almost $5 billion in AT1 debt

ZURICH, May 13 (Reuters) – UBS (UBSGS), opens new tab on Monday said almost $5 billion worth of...

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May 14, 2024

Finance
NY Fed report warns discount window stigma may never go away

May 13 (Reuters) – The Federal Reserve needs to rethink how it provides swift liquidity to banks,...

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May 14, 2024

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RBI action to have limited financial impact; worried about reputational damage: Kotak Mahindra Bank

Kotak Mahindra Bank is expecting business restrictions imposed by the Reserve Bank to have a...

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May 14, 2024

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