Trade Ideas

Traders Sentiment

Technical Summary



Russian c.bank to scrutinise banks' plans for fees on FX accounts

June 10 (Reuters) - Russia's central bank said on Friday it would study the legality of plans by some banks to impose fees on foreign currency accounts, warning that lenders should not worsen conditions for existing clients. Some major Russian banks plan to charge fees on retail accounts in dollars and euros after authorities floated the idea of ne

Russian banks use exchange rate incentives to reduce forex deposits

June 7 (Reuters) - Russian bank TCS Group Holding TCSq.L is offering consumers an incentive to part with their U.S. dollars and euros at certain ATMs, showing how Russian banks are finding new ways to offload foreign currency in the country's sanctions-hit banking sector. With already limited cash holdings of hard currency, Russian banks have limit

Austria's RBI gets indications of interest for Russia business

* One of Europe's banks most exposed to Russia * Has been exploring possible Russia exit * Q1 better than expected but outlook revised down (Updates with CEO, analyst call, recasts) By Alexandra Schwarz-Goerlich and Tom Sims VIENNA, May 4 (Reuters) - Austria's Raiffeisen Bank International RBIV.VI , one of the European banks most exposed to Russia,

Raiffeisen Bank eyes options including exit for Russian unit

VIENNA, May 4 (Reuters) - Raiffeisen Bank International RBIV.VI is assessing all strategic options for the future of its Raiffeisenbank Russia unit, "up to and including a carefully managed exit", the Austrian lender said in a presentation slide Link on Wednesday. RBI, one of the European banks most exposed to Russia, said in March it was studying

Retreat from Russia riddled with risks for Western banks

* Banks to need extra manpower to manage orderly exit * Russian and overseas clients owed duty of care by banks * Getting out of Russia will take time, require permits By Sinead Cruise and Huw Jones LONDON, March 18 (Reuters) - As they switch off the lights in Moscow, the world's top banks face a risk-ridden retreat, juggling obligations to anxious


Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.