2 posts
Banking
China Injects $45 Billion Into Banks and Insurers to Shore Up Capital
China is injecting RMB300 billion ($45 billion) into major banks and insurers in its largest financial-sector recapitalization in nearly two decades, aiming to strengthen balance sheets and sustain lending as economic growth slows.
Barclays Shares Slide as Higher Banker Pay Fails to Close Wall Street Gap
Barclays shares suffered their steepest decline in more than a year after its second-quarter results showed that growth in investment banking and US consumer banking had failed to match the pace set by larger American rivals.
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