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June 12, 2021

Banking & Investment Services (TRBC level 2)

Bank of Israel keeps benchmark interest rate at 0.1%

Reuters
by Reuters00
JERUSALEM, April 19 (Reuters) – The Bank of Israel held its benchmark interest rate at 0.1% for an eighth straight meeting on Monday amid optimism over an economic recovery due to a rapid COVID-19 vaccine rollout and inflation turning positive. All 16 economists polled by Reuters had said they expected......
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English diners rush back to restaurants as lockdown eases

Reuters
by Reuters00
FILE PHOTO: People enjoy the evening at an outside restaurant area in Soho, as the coronavirus disease (COVID-19) restrictions ease, in London, Britain April 12, 2021. REUTERS/Henry Nicholls LONDON (Reuters) – British diners rushed back to restaurants on Monday, the first day that they had been open in England for......
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China shares end higher as some IT firms pledge against anti-competition

Reuters
by Reuters00
* SSEC 0.6%, CSI300 0.8% * HK->Shanghai Connect daily quota used 5.2%, Shanghai->HK daily quota used 0.7% * FTSE China A50 +0.5% BEIJING, April 14 (Reuters) – China shares rose on Wednesday, with IT firms leading the gains, as investors cheered internet platform companies pledging to avoid anti-competitive behaviours after......
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China’s Ant Group to become financial holding company: central bank

Reuters
by Reuters01
FILE PHOTO: A thermal imaging camera is seen in front of a logo of Ant Group at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song/File Photo BEIJING (Reuters) – Ant Financial, the fintech affiliate of Alibaba Group Holding Ltd,......
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Sterling recovers; long positions shrink to nine-week low

Reuters
by Reuters01
* Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv LONDON, April 12 (Reuters) – The pound rose on Monday, recovering partly after a weekly loss, while CFTC data showed that speculators’ net long positions fell to a nine-week low as market participants split......
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Qatar National Bank’s Q1 net profit falls 7% as provisions climb

Reuters
by Reuters01
DUBAI, April 11 (Reuters) – Qatar National Bank (QNB) , the biggest lender in the Gulf, said on Sunday its first quarter net profit fell by 7% from a year earlier to 3.3 billion riyals ($906 million) as it booked 1.4 billion riyals in “precautionary” loan loss provisions. The bank’s......
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Big $40 million options trade bets on near-term stock market tumble

Reuters
by Reuters01
NEW YORK, April 8 (Reuters) – A massive trade in the U.S. options market on Thursday appears to be betting that the calm enveloping U.S. stocks in recent weeks will give way to a big rise in volatility over the next three months. One or more traders laid out a......
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NY Fed may make technical adjustment due to asset purchases, official says

Reuters
by Reuters01
FILE PHOTO: The cornerstone for the Federal Reserve Bank of New York is pictured in the Manhattan borough of New York City, New York, U.S., October 4, 2019. REUTERS/Carlo Allegri (Reuters) – The Federal Reserve’s ongoing asset purchases are lifting bank reserves to new highs and contributing to a new......
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Breakingviews – Capital Calls – Cellebrite good times

Reuters
by Reuters01
A Cellebrite forensic device extracts data from a Samsung mobile phone during a demonstration at a training centre in Beijing, China June 19, 2018. REUTERS/Cate Cadell NEW YORK (Reuters Breakingviews) – SOMETHING TO CELLEBRITE. Controversy over cops breaking into people’s cellphones is heading to a stock exchange near you. Israeli......
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Breakingviews – Path out of global tax combat is slowly emerging

Reuters
by Reuters01
WhatsApp and Facebook messenger icons are seen on an iPhone in Manchester , Britain March 27, 2017. LONDON (Reuters Breakingviews) – A long slog to make international corporate tax rules fit for the digital age is nearing a breakthrough. Obstacles remain, but a path that gets around them is slowly......
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CORRECTED-Brazilians withdraw record $5 bln from bank savings in first quarter

Reuters
by Reuters01
(In first paragraph corrects dollar amount to $629 million not billion) BRASILIA, April 7 (Reuters) – Brazilian savings accounts shrank by 3.5 billion reais ($629 million) in March, figures showed on Wednesday, bringing net withdrawals in the first three months of the year to a quarterly record of 27.5 billion......
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Breakingviews – Capital Calls – Jean Raby exit leaves Natixis ruing M&A dreams

Reuters
by Reuters01
The Natixis logo is seen on a building in Charenton-le-Pont near Paris, France, April 29, 2020. LONDON (Reuters Breakingviews) – DAMP SQUIB. Natixis boss Nicolas Namias will be left ruing what might have been. On Tuesday the $15 billion French bank announced the exit of Jean Raby, who ran its......
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China’s blue-chip index ends lower as healthcare, consumer stocks slip

Reuters
by Reuters01
SHANGHAI, April 6 (Reuters) – China’s blue-chip index retreated on Tuesday, pressured by healthcare and consumer companies, as upbeat economic data raised worries of policy tightening. ** The blue-chip CSI300 index fell 0.4% to 5,140.34, while the Shanghai Composite Index was flat at 3,482.97. ** As of last close, the......
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Europe’s STOXX 600 hits record high on global recovery optimism

Reuters
by Reuters01
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) April 6 (Reuters) – Europe’s benchmark equity index hit a record high on Tuesday, recovering all of its pandemic-driven losses as investors bet on a speedy global economic recovery,......
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Japan’s Mizuho says CEO to hold news briefing at 0900 GMT over system failures

Reuters
by Reuters01
FILE PHOTO: Mizuho Financial Group’s Chief Executive Officer Tatsufumi Sakai poses for a photo after an interview with Reuters at the company’s headquarters in Tokyo, Japan August 20, 2018. REUTERS/Toru Hanai TOKYO (Reuters) – Mizuho Financial Group Inc said on Monday Chief Executive Tatsufumi Sakai will hold a news briefing......
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China stocks set for weekly gain on upbeat economic data

Reuters
by Reuters01
SHANGHAI, April 2 (Reuters) – China stocks rose on Friday and looked set to post their second straight weekly gain, as investors were encouraged by recent data pointing to a solid recovery in the world’s second-largest economy. ** The CSI300 index rose 0.9% to 5,156.13 by the end of the......
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Brooklyn man accused of using information from Bloomberg reporter for insider trading

Reuters
by Reuters01
WASHINGTON (Reuters) – A Brooklyn man indicted for an insider trading scheme used information from a Bloomberg News reporter about certain deals to trade, according to a review of the charging documents, in a case that comes as the volume of leaked information about mergers and acquisitions is rising. FILE......
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Twitter says in process of identifying new independent board director

Reuters
by Reuters01
April 1 (Reuters) – Twitter Inc said on Thursday it was in the process of identifying a new independent director for its board. The company also said board member Jesse Cohn, who is also hedge fund Elliott Management’s head of U.S. equity activism, will be nominated for re-election as a......
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Nine EU advisers threaten walkout over sustainable finance row

Reuters
by Reuters01
BRUSSELS, April 1 (Reuters) – Nine members of the expert group advising the European Union on its sustainable finance rules have threatened to step down if Brussels pushes ahead with plans that they say would discredit its efforts to fight climate change. The European Commission is attempting to finish its......
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Sensex, Nifty fall weighed by financials

Reuters
by Reuters01
FILE PHOTO: People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, November 4, 2020. REUTERS/Francis Mascarenhas/File photo BENGALURU (Reuters) – Indian shares fell on Wednesday, after gaining more than 2% in the previous session, pressured by financial stocks, as rising U.S. Treasury yields renewed concerns of foreign......
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