Finance
- Citigroup CEO says higher rates to moderate growth in U.S,, world, article with imageBusiness ·
September 21, 2022 · 3:31 PM UTC · undefined agoCitigroup CEO Jane Fraser told Congress on Wednesday higher rates to tame inflation are likely to moderate economic growth in the United States and in the rest of the world.
- FinanceCinven seeks deal for Eurovita to meet demands to raise $250 million in capital
Italy's insurance watchdog has told life insurer Eurovita to quickly boost its capital reserves by around 250 million euros ($250 million), prompting its owner British private equity firm Cinven to seek a sale, sources said.
- MarketsTurkey adjusts banks' risk metrics in derivatives market
Turkey amended the risk parameters used in the transaction collateral calculations for banks' underlying assets in the derivatives market, the clearance institution Takasbank said on Tuesday.