Wall Street banks sense opportunity for looser capital rules as Trump ushers in new era
By Pete Schroeder WASHINGTON (Reuters) – Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives. Among the industry’s
India’s forex reserves hit 10-month low, rupee faces persistent headwinds
Investing.com — India’s foreign exchange reserves have been on a declining trend for six consecutive weeks, standing at a 10-month low of $625.87 billion as of Jan. 10, according to data from the Reserve Bank of India (NS:BOI)
Dutch government omits ASML’s China sales from sensitive goods export data
Investing.com — The Dutch government has been excluding billions of euros in sales by tech company ASML (AS:ASML) to China from its disclosures on exports of sensitive goods, according to information provided by the foreign ministry. The undisclosed sales, which
Rivian rises on report it may expand its pact with Volkswagen
Investing.com — Volkswagen (ETR:VOWG_p) is exploring ways to strengthen its collaboration with US-based electric vehicle (EV) manufacturer Rivian (NASDAQ:RIVN), the German auto giant’s CEO Oliver Blume told Spiegel magazine in comments published on Friday. “For example, we are thinking about sharing