News Wire

Maduro says he expects Venezuelan economy grew 4% in 2021

16/01 Venezuelan President Nicolas Maduro expects the South American country's economy grew by more than 4% last year, following eight years of recession and rising prices, he said on Saturday.. . .  Full story

China's Q4 GDP growth seen hitting 1-1/2-year low, raising heat on policymakers

16/01 China's economy likely grew at the slowest pace in 1-1/2 years in the fourth quarter, dragged by weaker demand due to a property downturn, curbs on debt and strict COVID-19 measures, raising heat on. . .  Full story

Global vaccine-sharing programme reaches milestone of 1 billion doses

15/01 The COVAX global vaccine-sharing programme has delivered 1 billion COVID-19 vaccine doses, one of the organisations which manages it said on Saturday.. . .  Full story

Apple to require employee proof of COVID-19 booster -The Verge

15/01 Apple Inc will require retail and corporate employees to provide proof of a COVID-19 booster shot, The Verge reported https://www.theverge.com/2022/1/15/22885181/apple-vaccine-covid-19-booster-shot-employees on Saturday, citing an internal email.. . .  Full story

Reliance, Ola Electric, Mahindra bid for incentives under India's battery scheme

15/01 India's Reliance Industries , Softbank Group-backed Ola Electric and automaker Mahindra & Mahindra have submitted bids under the country's $2.4 billion battery scheme, the government said on Saturday.. . .  Full story

GSK rejects 50-billion-pound Unilever offer for consumer assets

15/01 GlaxoSmithKline on Saturday said it had rejected a 50-billion-pound offer from Unilever for its consumer goods arm, saying it "fundamentally undervalued" the business and its future prospects and that it would stick to its plan. . .  Full story

Turkish finance minister sees single-digit inflation by mid-2023

15/01 Turkey's annual inflation rate will be in single digits by the time presidential and parliamentary elections set for mid-2023 are held, Finance Minister Nureddin Nebati said on Saturday.. . .  Full story

Yamal gas pipeline continues flowing eastwards from Germany to Poland

15/01 The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, flowed east from Germany to Poland for a 26th successive day on Saturday, data from German network operator Gascade showed.. . .  Full story

India proposes mandatory side, curtain airbags in all cars from Oct

15/01 India, which has among the world's deadliest roads, on Saturday proposed mandating at least six air bags in all passenger cars manufactured from Oct. 1.. . .  Full story

UK considering bank loan plan to smooth energy cost hit - BBC

15/01 Britain's government is considering plans to smooth a sharp rise in energy costs which is due to hit households in April, the BBC said.. . .  Full story

China cleanup of non-compliant WMP securities 'basically complete', official says

15/01 China has made progress in cleaning up non-compliant wealth-management products (WMPs), a senior regulatory official said on Saturday, as he declared a transition period in a years-long clampdown on the sector "basically complete".. . .  Full story

China new home prices down less in Dec on promotions, easing curbs

15/01 China's new home prices fell more slowly in December than a month earlier, official data showed on Saturday, as marginal easing on financing curbs, and promotions by property developers helped to stabilise demand.. . .  Full story

Mexico says panel should rule on auto dispute with U.S. by Q3

15/01 An arbitration panel looking at a Mexican complaint regarding U.S. interpretation of how free trade rules apply to the continental automotive industry should make a ruling by the third quarter of this year, Mexican. . .  Full story

U.S. talks to energy firms over EU gas supply in case of Russia-Ukraine conflict -sources

15/01 The U.S. government has held talks with several international energy companies on contingency plans for supplying natural gas to Europe if conflict between Russia and Ukraine disrupts Russian supplies, two U.S. officials and two industry. . .  Full story

CME hog futures rebound, though U.S. slaughtering remains weak

15/01 Chicago Mercantile Exchange lean hog futures bounced back on Friday, though analysts said U.S. staffing shortages caused by COVID-19 infections continued to limit meat production.. . .  Full story

Google mandates weekly COVID-19 tests for people entering U.S. offices

15/01 Alphabet Inc's Google is temporarily mandating weekly COVID-19 tests for any person entering Google offices or facilities in the United States, the tech giant said on Friday.. . .  Full story

Siltronic sale to GlobalWafers in limbo as German approval outstanding

15/01 Germany's approval of chipmaker Siltronic's sale to Taiwan's GlobalWafers , a key requirement for the deal, is still outstanding less than three weeks before a deadline expires, Siltronic said on Friday.. . .  Full story

Soy futures ease on outlook for rain to aid South America crops

15/01 Chicago Board of Trade soybean futures slumped on Friday to their lowest price in more than a week under continued pressure from forecasts for rain in dry South American growing areas, analysts said.. . .  Full story

Latest on the worldwide spread of the coronavirus

14/01 A surge in coronavirus cases caused by the Omicron variant may have peaked in some parts of Europe but medics say the impact will continue to be felt across the region, with hospitals still. . .  Full story

Stocks stumble, yields jump on rates outlook; oil rallies

14/01 Global stock markets stumbled again on Friday and U.S. Treasury yields climbed as cautious investors worried about how imminent U.S. interest rate hikes would affect the economy.. . .  Full story

Dow closes lower after disappointing bank results

14/01 The Dow closed lower on Friday with a big drag from financial stocks as investors were disappointed by fourth quarter results from big U.S. banks, which cast a shadow over the earnings season kick-off.. . .  Full story

TSX snaps weekly losing streak as energy shares climb

14/01 Canada's main stock index rose on Friday, adding to this week's rally, as technology shares found some relief and higher oil prices boosted the attractiveness of the energy sector.. . .  Full story

Citigroup results show restructuring has its costs

14/01 Citigroup Inc displayed some of the financial bruises required for its current restructuring as it reported a 26% drop in fourth-quarter profit on Friday.. . .  Full story

Dollar snaps three-day losing streak as selling pressure abates

14/01 The U.S. dollar snapped a three-day losing streak on Friday as the recent selling spree driven by the view that Federal Reserve tightening moves were largely priced in abated, and as weaker risk appetite. . .  Full story

Brazil's BR Malls open to deals after rejecting Aliansce bid-source

14/01 Brazil's BR Malls remains open to discussing a potential merger or takeover after rejecting an offer from smaller rival shopping mall operator Aliansce Sonae on Friday, a source close to the negotiations said.. . .  Full story

Canadian dollar pares weekly gain as greenback rebounds

14/01 The Canadian dollar weakened against its U.S. counterpart on Friday, giving back some of this week's gains, as the greenback broadly rebounded despite weaker-than-expected U.S. retail sales data. The loonie. . .  Full story

U.S. rallies a united front against Russia as Putin seeks cracks

14/01 A week of diplomacy by U.S. President Joe Biden failed to defuse tensions between Russia and Ukraine, but has maintained unity with European allies against Moscow as Russian President Vladimir Putin seeks to expose cracks,. . .  Full story

Fed officials say rate hikes near as inflation soars

14/01 U.S. central bankers, in a last flurry of public comments before their upcoming January policy meeting, are making it crystal clear: they'll likely start raising interest rates as early as March to rein in. . .  Full story

Citi says Mexico consumer bank a 'jewel,' as it gears up to sell

14/01 Citigroup Inc described the Citibanamex consumer bank in Mexico it is planning to shed as a "jewel" as it gears up to be active with potential buyers in the coming months.. . .  Full story

Cook, Jefferson, Raskin tapped for Fed board seats

14/01 U.S. President Joe Biden's picks to fill seats on the Federal Reserve's Board of Governors -- including two Black economists, Lisa Cook and Philip Jefferson -- bring a historic measure of diversity and a. . .  Full story

Oil's bull run rolls on despite possible China reserves release

14/01 Oil futures settled higher on Friday, boosted by supply constraints and worries of a Russian attack on neighbouring Ukraine, pushing prices toward their fourth weekly gain despite sources saying China is set to release. . .  Full story

Walmart says two top U.S. executives to leave - memo

14/01 Walmart Inc said on Friday Chief Merchandising Officer of its U.S. unit, Scott McCall, will retire and handover the reigns to grocery chief Charles Redfield, as it looks to capitalize on the gains it. . .  Full story

Investors wary on bank growth despite executives' optimism

14/01 While big U.S. bank bosses were optimistic on the economic outlook on Friday, pointing to an uptick in some lending businesses and a jump in consumer spending, investors were skeptical on the growth outlook. . .  Full story

Wells Fargo beats profit estimates on uptick in loan demand, cost cuts

14/01 Wells Fargo & Co on Friday beat analysts' estimates for fourth-quarter profit as a rebound in U.S. economic growth encouraged more customers to take loans and the bank kept a tight lid on costs.. . .  Full story

Yields higher in choppy trade after data flurry

14/01 U.S. Treasury yields were higher on Friday in choppy trade as a batch of soft economic data on consumer and manufacturing activity was seen as not enough to derail the Federal Reserve's path of. . .  Full story

Russian assets hammered by U.S. standoff; Latam FX weakens

14/01 Russian assets slumped further on Friday as talks with the West over Ukraine hit a dead end, while jitters over rising U.S. interest rates dented Latin American currencies, with Colombia's peso leading losses.. . .  Full story

Citigroup CEO Fraser fights to sell turnaround plan to investors

14/01 Citigroup Inc Chief Executive Jane Fraser faces a struggle to convince skeptical analysts and investors that she can turn the bank around despite overseeing a radical overhaul in less than a year at the. . .  Full story

Banks say they are paying up for talent as hiring is competitive

14/01 Banks are facing cutthroat competition to hire and are being forced to pay more to recruit and keep talent, with both Citigroup Inc and JPMorgan Chase & Co saying they are having to pay. . .  Full story

Gold dips as U.S. bond yields edge up, dollar firms

14/01 Gold prices slipped on Friday, weighed down by an uptick in Treasury yields on prospects of U.S. interest rate hikes and a stronger dollar.. . .  Full story

Canada faces significant financial risks if net-zero actions delayed

14/01 Canada's low-carbon transition poses important risks for some sectors, and delaying actions to prepare could expose financial institutions and investors to "sudden and large losses," the country's central bank and financial regulator said in a. . .  Full story

"The Matrix" co-producer Village Roadshow considering strategic options - WSJ

14/01 Village Roadshow Entertainment Group, which has co-produced 'Joker' and 'The Matrix', is considering taking on an investor or selling itself, the Wall Street Journal reported https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.wsj.com%2Farticles%2Fvillage-roadshow-producer-on-movie. . .  Full story

Global crypto funds post sharp gains in 2021 -BarclayHedge

14/01 Global cryptocurrency funds racked up steep gains last year after most digital currencies soared in price, led by bitcoin and ether amid strong institutional interest and greater acceptance from regulators worldwide, according to BarclayHedge, a. . .  Full story

Biden seeks to reshape Fed with historically diverse slate of nominees

14/01 U.S. President Joe Biden on Friday nominated former Federal Reserve Governor Sarah Bloom Raskin for the Fed's key regulatory post and economists Lisa Cook and Philip Jefferson to serve on its board in what. . .  Full story

U.S. drillers add most oil and gas rigs in a week since April -Baker Hughes

14/01 U.S. energy firms this week added the most oil and natural gas rigs in a week since April as rising oil prices prompt more drillers to return to the wellpad.. . .  Full story

ECB tightening wouldn't push down energy prices - Schnabel

14/01 Raising interest rates in the euro zone would not push down soaring energy prices, European Central Bank board member Isabel Schnabel said in remarks published on Friday, adding that any tightening of monetary policy would. . .  Full story

U.S. bill would block defense contractors from using Chinese rare earths

14/01 A bipartisan piece of legislation introduced in the U.S. Senate on Friday would force defense contractors to stop buying rare earths from China by 2026 and use the Pentagon to create a permanent stockpile. . .  Full story

U.S. holiday sales endure supply chain, Omicron snags to hit $887 bln - NRF

14/01 U.S. holiday sales in 2021 came in at a better-than-expected $886.7 billion, boosted by customers returning to stores and splurging more online, even as a jump in COVID-19 cases and supply chain issues threatened. . .  Full story

Raskin nomination for Fed regulation chief puts Wall Street on notice

14/01 U.S. President Joe Biden's decision to nominate Sarah Bloom Raskin to lead regulation and supervision at the Federal Reserve will put a progressive in the most powerful role overseeing Wall Street's biggest banks.. . .  Full story

Early holiday shopping hammers U.S. retail sales; Omicron drag anticipated in January

14/01 U.S. retail sales dropped by the most in 10 months in December, likely the result of Americans starting their holiday shopping in October to avoid empty shelves at stores.. . .  Full story

Orcel's Santander payout cut to 51.4 mln euros -Madrid court document

14/01 A Madrid court has cut a compensation payout awarded to banker Andrea Orcel over Santander's withdrawal of a CEO job offer to 51.4 million euros ($58.75 million) from an initial 67.8 million euros, a. . .  Full story

Sixth Street Partners in final talks to buy stake in Eni's power unit - sources

14/01 U.S. investment firm Sixth Street Partners has emerged as the leading bidder for the power generation unit of Italian energy group Eni and is in advanced talks to buy a minority stake in the. . .  Full story

Lebanese central bank seeks to strengthen currency after slump

14/01 Lebanon's central bank said on Friday it aimed to boost the Lebanese pound's value by easing restrictions on dollar purchases after the currency hit a record low, fuelling fresh protests about rising prices and. . .  Full story

Nickel hits its highest since 2011 as stockpiles dwindle

14/01 Nickel prices surged to their highest since 2011 on Friday as a supply deficit ate into stockpiles and investors looked ahead to rising demand from electric vehicles. Benchmark nickel. . .  Full story

JPMorgan shares fall as mixed outlook sours profit beat

14/01 JPMorgan Chase & Co posted fourth-quarter profit ahead of market expectations on Friday, but its shares fell as much as 6% as analysts expressed disappointment over its forecasts for future profitability.. . .  Full story

Emissions set to rise with global power demand - IEA

14/01 Global electricity demand over the next few years is set to slow after a record 2021 but will still result in higher carbon emissions without rapid gains in low-carbon supply and energy efficiency, the. . .  Full story

European share close lower as policy tightening fears rise

14/01 European shares fell on Friday after hawkish remarks from central bank officials fanned worries over the impact of tighter policy, while's France's EDF slumped as the government intervened to curb electricity prices.. . .  Full story

Weak global mood hits UK shares, Cineworld marks box office recovery

14/01 UK shares slid on Friday, reflecting the weaker mood in global markets over fears about faster U.S. rate hikes, although data pointing to a much stronger-than-expected economic recovery in November helped limit losses.. . .  Full story

NY Fed's Williams says completely sensible to raise interest rates

14/01 It is "sensible" for the Federal Reserve to begin raising interest rates this year as it removes some of the support provided during the pandemic, New York Fed President John Williams said Friday.. . .  Full story

Wall St Week Ahead-Earnings to test growth stocks after rocky start to year

14/01 A rough start to 2022 for U.S. tech and growth stocks is raising stakes for upcoming earnings reports, as investors seek reasons to keep faith in the shares while bracing for U.S. interest rate. . .  Full story

Online checkout firm Bolt valued at $11 bln after BlackRock-led funding- source

14/01 Online checkout platform Bolt raised $355 million in a late-stage funding round led by fund manager BlackRock Inc at a valuation of $11 billion, according to people familiar with the matter.. . .  Full story

Burned by COVID supply crunch, hospitals invest in U.S. mask-making

14/01 Two days before Christmas, a cargo ship left Mumbai with a mask-making machine bound for Illinois-based OSF HealthCare, which will use the equipment to make its own N95 masks.. . .  Full story

Halkbank prosecution put on hold pending U.S. Supreme Court appeal

14/01 A U.S. appeals court put the federal government's prosecution of Turkish state-owned lender Halkbank for allegedly helping Iran evade American sanctions on hold while the bank appeals to the U.S. Supreme Court.. . .  Full story

Sterling flat versus euro after UK data boost

14/01 Sterling was barely flat against the euro after rising earlier in the session on robust UK data, while it edged lower against a stronger dollar.. . .  Full story

U.S. holiday sales over the past decade

14/01 The 2021 holiday shopping season weathered everything from an overburdened supply chain to an Omicron-driven resurgence in COVID-19 cases, with the National Retail Federation (NRF) saying sales rose by a bigger-than-expected 14.1% during November and. . .  Full story

Rate-hike path pushes euro zone bond yields higher in choppy market

14/01 Euro zone bond yields resumed their rise in choppy trading on Friday as central bank tightening remained the main investor focus, but sharp falls earlier this week set Germany's benchmark 10-year yield for its biggest. . .  Full story

-Bausch + Lomb to list in U.S. and Canada, discloses revenue jump

14/01 Eye-care products maker Bausch + Lomb Corp on Thursday filed to go public in the United States and Canada through an initial public offering and disclosed a jump in sales for the first time.. . .  Full story

U.S. consumer sentiment sours in early January to second lowest level in decade

14/01 U.S. consumer sentiment soured in early January, falling to the second lowest level in a decade as Americans fretted about soaring inflation and doubted the ability of government economic policies to fix it, a. . .  Full story

US bond funds post ouflows on expectations of Fed tightening

14/01 U.S. bond funds faced outflows for the first time in four weeks in the seven days to Jan. 12 on rising prospects that the U.S. Federal Reserve will begin tightening its policy with an. . .  Full story

Italy prepares energy package to curb surging bills, sources say

14/01 Italy is preparing measures, including an increase in domestic gas output, to try to lower surging energy bills, four government and political sources told Reuters on Friday, adding the measures could be approved as early. . .  Full story

Women's quotas on company boards: The EU's frontrunners and laggards

14/01 European Commission President Ursula von der Leyen is making a new push at boosting women's representation on company boards, trying to unblock European legislation for a women's quota that has been stuck since 2012.. . .  Full story

BlackRock assets cross $10 trillion, revenue slightly misses

14/01 BlackRock Inc's fourth-quarter profit beat analyst estimates on Friday, as the world's largest money manager's fee income rose and assets under management topped $10 trillion, but shares dipped as revenue slightly missed Wall Street estimates.. . .  Full story

Russian central bank veteran Shvetsov to leave post in March

14/01 Sergei Shvetsov, the Bank of Russia's first deputy chairman, will leave his post on March 21, the central bank said on Friday.. . .  Full story

Automobiles boost U.S. business inventories in November

14/01 U.S. businesses maintained a strong pace of inventory accumulation in November, with motor vehicle stocks rebounding a bit more than initially thought, suggesting the worst of global supply chain problems was likely behind.. . .  Full story

Goldman Sachs' Petershill nears deal for Arsenal Capital stake -sources

14/01 Petershill Partners Plc, the London-listed subsidiary of Goldman Sachs Group Inc's asset management division, is nearing a deal to acquire a stake in private equity firm Arsenal Capital Partners, people familiar with the matter said.. . .  Full story

Tumbling Sberbank shares lead sharp Russian stock market sell-off

14/01 Shares in Russia's largest lender Sberbank fell more than 8% at one point on Friday, leading a massive sell-off on the country's stock market which hit several blue chip companies and also buffeted bonds. . .  Full story

Russian finance minister: we will withstand possible restrictions on govt debt

14/01 Russia will be able to withstand possible restrictions on Russian debt that are being discussed by the United States, relying on domestic banks to provide enough demand for government bonds, Finance Minister Anton Siluanov said. . .  Full story

Casino stocks rise after Macau keeps licence limit

14/01 Shares of casino operators jumped on Friday after the Macau government ended a period of uncertainty by keeping the casino operators allowed to operate in the world's largest gambling hub to six.. . .  Full story

German economy short of pre-pandemic level despite 2.7% growth in 2021

14/01 The German economy failed to return to its pre-pandemic size in 2021 as microchip shortages hit production in the car industry and further COVID-19 restrictions slowed down the recovery of Europe's largest economy in the. . .  Full story

U.S. manufacturing output unexpectedly falls in December on autos

14/01 Production at U.S. factories unexpectedly fell in December, pulled down by a decline in output at motor vehicle plants amid an ongoing global semiconductor shortage.. . .  Full story

Pakistan to seek peace, economic connectivity under new security policy

14/01 Pakistan on Friday launched its first-ever comprehensive National Security Policy that it said was centred on regional peace and economic connectivity, and stressed that it wanted improved relations with arch-rival neighbouring India.. . .  Full story

Global bond funds see outflows on expectations of faster Fed rate moves

14/01 Global bond funds faced their first weekly outflow in four weeks in the seven days to Jan. 12 on expectations that the U.S. Federal Reserve will raise rates as many as four times this. . .  Full story

Biden taps Raskin, Cook and Jefferson for Fed Board

14/01 U.S. President Joe Biden on Friday nominated former Federal Reserve Governor Sarah Bloom Raskin to be the central bank's vice chair for supervision and two Black economists, Lisa Cook and Philip Jefferson, to serve on. . .  Full story

Peak Omicron? Experts wary of calling time on variant wave in Europe

14/01 A surge in coronavirus cases caused by the Omicron variant may have peaked in some parts of Europe but medics say the impact will continue to be felt across the region, with hospitals still. . .  Full story

Asian prices fall on lukewarm demand, ample inventories

14/01 Asian spot liquefied natural gas (LNG) prices fell this week as demand remained lukewarm amid ample stock levels and a mild temperature forecast, helping to maintain a steady flow of cargoes heading to Europe.. . .  Full story

ECB to do everything it takes to get inflation to 2%: Lagarde

14/01 Euro zone inflation will fall from a record high this year and the European Central Bank is ready to take any measures necessary to get it down to its 2% target, ECB President Christine. . .  Full story

Gen Z investors shift focus from 'meme-stocks' to the 'metaverse,' report shows

14/01 Enthusiasm around "meme stocks" has eased for young investors a year on from the GameStop Corp trading frenzy, with Gen Z's attention shifting to companies in areas like electric vehicles and the "metaverse," according to. . .  Full story

U.S. import prices fall in December on petroleum products

14/01 U.S. import prices unexpectedly fell in December amid a decline in the cost of petroleum products, adding to signs that the worst of high inflation was probably over.. . .  Full story

German energy regulator approves network capacity plan until 2035

14/01 Germany has agreed plans for the country's power grid stretching out until 2035, the energy regulator said on Friday, as Europe's largest economy exits nuclear, cuts back on coal, and makes way for more. . .  Full story

Generali battle heats up as No.2 investor quits board

14/01 A boardroom battle at Generali has escalated after the No.2 investor in Italy's biggest insurer resigned from the board in a challenge to the reappointment of CEO Philippe Donnet.. . .  Full story

Kazakhstan's bitcoin 'paradise' may be losing its lustre

14/01 Kazakhstan may no longer be the bitcoin sanctuary it once was, according to some big miners who are looking to leave the global crypto hub following internet shutdowns last week that compounded fears about. . .  Full story

Office Depot parent delays spin-off after new offer for consumer business

14/01 ODP Corp said on Friday it had decided to delay its previously announced plans to split into two public companies to mull over sale offers for its consumer business, sending its shares up 10%.. . .  Full story

U.S. retail sales plunge in December

14/01 U.S. retail sales tumbled in December as Americans struggled with shortages of goods and an explosion of COVID-19 infections, but that will likely not change expectations that economic growth accelerated in the fourth quarter.. . .  Full story

China suspends more flights over COVID-19, Shanghai curbs tours

14/01 China suspended dozens of international flights on Friday amid a global surge in Omicron cases, while the city of Shanghai curbed tourist activity as it rushed to head off local COVID-19 infections as imported. . .  Full story

Five things we learnt from UK retailers' Christmas updates

14/01 Some of the biggest names in British retail have published Christmas trading updates over the past few days. What have we learnt from the flood of announcements?. . .  Full story

Brazil retail sales surprise with 0.6% rise in November

14/01 Brazilian retail sales rose in November against expectations of a monthly drop, official figures showed on Friday, even though more than half of the activities gauged had a negative result in the period with double-digit. . .  Full story

Deutsche's Postbank faces strike as German wage talks heat up

14/01 Employees at 40 branches of Deutsche Bank's Postbank are staging brief, warning strikes on Friday and Saturday as they cite rising inflation to demand higher wages, a union official said.. . .  Full story

China reforms securities settlement system to attract foreign capital

14/01 China's securities regulator said on Friday it will reform the country's securities settlement system, to bring it into closer alignment with global practices and to attract foreign capital.. . .  Full story

Romanian minister says EU funds to drive green energy surge

14/01 European Union support schemes will drive a surge in renewable energy projects in Romania to replace outdated coal-fired power plants and help the country meet its climate targets, Energy Minister Virgil Popescu said.. . .  Full story

Asia Distillates-Jet fuel cash premiums rise, inter-month spread widens

14/01 Asia's cash differentials for jet fuel rose on Friday to their highest premiums since Dec. 20, while the inter-month spread for the fuel widened in backwardation. Cash premiums for. . .  Full story

Danish FSA orders Danske Bank to improve client risk assessment

14/01 Denmark's financial watchdog on Friday ordered Danske Bank, to improve its risk assessment of clients following an 2020 inspection of the country's biggest lender.. . .  Full story