UK’s Virgin Money lifts margin outlook as card spending reaches pre-COVID levels
(Reuters) - British challenger bank Virgin Money UK increased its annual net interest margin outlook on Tuesday, as it benefits from rising interest rates and credit card spending recovery to
Column-What to expect when U.S. Social Security field offices reopen in April
By Mark Miller (Reuters) - If you need help filing for Social Security, Medicare or disability benefits, I have good news and bad news.
JPMorgan credit card spending ticks up, modestly helping loan growth
June 4, 2021 NEW YORK (Reuters) – Spending by customers holding JPMorgan Chase & Co credit cards is up 17% year to date over the...
China to kick off long-awaited Wealth Connect wrapping in HK, Macau
SHANGHAI (Reuters) - China will launch on Friday a long-awaited Wealth Management Connect scheme linking its southern province of Guangdong with neighbouring Hong Kong and Macau, as Beijing moves to
Euro zone lending to companies accelerated in October
FRANKFURT (Reuters) - Banks in the euro zone increased the pace of lending to companies last month and continued to extend credit to households at a brisk pace, data showed on Friday, in a sign of
Five things to look out for in HSBC strategy update
February 22, 2021 By Alun John HONG KONG (Reuters) – HSBC Holdings PLC will update its “transformation” plan announced a year ago on Tuesday, when...
Temasek adds stakes in Robinhood, other consumer-focused companies
By David Randall NEW YORK (Reuters) - Singapore state investor Temasek Holdings added new positions in a number of consumer-focused companies during the quarter that ended Dec. 31, including
Column-U.S. Social Security office reopenings bring opportunities – and some challenges
By Mark Miller (Reuters) - The Social Security Administration has announced plans to begin reopening its vast national network of field offices to the public in January following a 20-month COVID-19
Polish central bank hikes rates, signals more to come
By Anna Koper and Alan Charlish WARSAW (Reuters) -Poland's central bank raised interest rates on Tuesday and suggested further tightening was on the horizon as the country grapples with the fastest
Japan’s Mizuho Financial Group posts 79% jump in H1 profit
TOKYO (Reuters) - Mizuho Financial Group, Japan's third-largest lender by assets, said on Friday its half-year net profit rose 79% in a year marred by technical glitches at its retail banking unit.