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Bankers

Surging bond yields lead global equities to tumble

banknewsnow - February 25, 2021 0

By Herbert Lash and Marc JonesNEW YORK/LONDON (Reuters) - A jump in benchmark U.S. Treasury yields on Thursday led a gauge of global...

Banks

Pound hits $1.40 on vaccine optimism; UK retail sales tumble 8.2% – business live |…

banknewsnow - February 19, 2021 0

The UK economy showed welcome signs of steadying in February after the severe slump seen in January, albeit with business activity remaining sharply...

Credit

US credit card applications tumble

banknewsnow - February 2, 2021 0

Demand for consumer credit in the US has fallen dramatically during the Covid-19 crisis, with credit card applications falling to multiyear lows, according...

Markets