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Take Five: Policymakers under pressure

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Canada's National Bank beats profit forecasts with lower provisions, lending growth

National Bank of Canada (NA.TO) beat analysts' second-quarter profit estimates on Friday, driven by higher earnings in its personal and commercial business and a large drop in funds set aside to cover potential loan losses.

Morgan Stanley nears full ownership of China ventures with stake buys

Morgan Stanley (MS.N) is buying stakes put up for sale by its partner in their China securities and mutual funds joint ventures for about $150 million, according to a statement by the partner, moving towards full ownership of the businesses.

Investors flock to safety on concerns over peaky markets - BofA

Safe-haven assets such as cash and gold funds drew investors during the week to Wednesday, BofA's fund flow statistics showed on Friday, a sign of growing concern over inflation and the potential roll back of central bank stimulus.

EXCLUSIVE Morgan Stanley closing Indonesian onshore equities business

Morgan Stanley (MS.N)is closing its Indonesian onshore institutional equities trading business, the investment bank said on Thursday in response to queries from Reuters.

EXCLUSIVE Morgan Stanley says to close Indonesian onshore equities business

Morgan Stanley (MS.N) plans to close its Indonesian onshore institutional equities trading business, the investment bank said on Thursday in response to Reuters queries.

Credit Suisse details Swiss watchdog action after Archegos blow up

Credit Suisse (CSGN.S) detailed on Thursday the additional capital buffer imposed by Swiss market watchdog FINMA in relation to the Swiss bank's exposure to collapsed U.S. investment fund Archegos.

Senator Warren attacks JPMorgan's Dimon over 'baloney' overdraft fees

Progressive firebrand Senator Elizabeth Warren on Wednesday attacked JPMorgan Chase & Co (JPM.N) chief executive Jamie Dimon after the country's largest lender reaped $1.46 billion in overdraft fees during 2020 while borrowers were struggling to make ends meet amid pandemic lockdowns.

U.S. bank profits rose 29% as outlook for future credit losses adjusted downward

U.S. bank profits rose 29.1% during the first quarter of 2021 from the previous quarter as banks adjusted expectations for future credit losses downward, a bank regulator said on Wednesday.

EXCLUSIVE China bars banks from selling commodities-linked products to retail buyers -sources

China's banking regulator has asked lenders to stop selling investment products linked to commodities futures to mom-and-pop buyers, three people with knowledge of the matter told Reuters, to curb investment losses amid volatile commodity prices.