Russia's Sberbank plans to continue its partnership with Yandex even though it has transferred its 'golden share' in the country's leading internet company to another entity, Sberbank's Chief Executive German Gref told Reuters.
The Bank of England has stepped up its monitoring of Lloyd's of London's whistleblowing systems, the central bank said on Monday, after reports this year about sexual harassment and bullying at the 330-year old insurance market.
The head of Italy's central bank rebuffed criticism of its role in supervising struggling lender Banca Popolare di Bari and said in an interview published on Monday that it was ready to account for its actions.
Interest rates in the euro zone could remain historically low for years, but the European Central Bank's (ECB) ultra-loose monetary policy risks becoming counterproductive, ECB governing council member Klaas Knot said in an interview published on Monday.
Prosecutors in the southern Italian town of Bari are investigating the former chairman of Popolare di Bari for alleged corruption in relation to the central bank's supervisory activity over the failing local lender, a judicial source said on Sunday.
Italy's politicians should play a bigger role in the appointment of the Bank of Italy's governor, the leader of the ruling 5-Star Movement said on Sunday, after the costly bailout of a small southern bank led to criticism of the efficacy of the central bank's supervisory role.
China is in close touch with the United States on signing a Phase 1 trade deal, the country's commerce ministry said on Thursday, adding that both sides are still going through necessary procedures before the signing.