bank

Rome out to rescue two troubled banks

ROME: At the 11th hour, the Italian government has vowed to rescue two troubled Venetian banks with the aid of a retail bank, plus billions of taxpayer's cash. The government was due to meet over the weekend to devise the rescue framework for Banca Popolare di Vicenza and Veneto Banca, the finance ...

US banking group sees three more Fed rate hikes in 2018

NEW YORK: The trend of solid US economic growth should continue into 2018, setting the stage for potentially three more Federal Reserve rate increases next year, the American Bankers Association said on Thursday (Jun 22). The banking group's economic forecast committee predicts a "slight ......