The valuation adjustment is unrelated to the fallout from the collapse of Austrian investor René Benko, a bank spokesman told AWP. In 2023, Julius Bär wrote down CHF606 million on loans to Benko’s ...

Mortgage demand, which had been gaining, fell back last week after interest rates rose to their highest level since February.

In a widely anticipated move, the Reserve Bank of Australia cut the official cash rate by 0.25% to 3.85%. See what experts ...

The Federal Reserve is unlikely to lower its benchmark interest rate at its two meetings this summer, several bank ...