European stocks subdued as traders weigh oil risk and packed data week

Record of the Financial Policy Committee meeting on 26 June 2026 Headline judgements and policy actions Overall summary Vulnerabilities in risky asset valuations, sovereign debt markets, and risky credit markets, including in private credit, previously highlighted by the Financial Policy Committee (FPC) remain, and some have become more pronounced since the December 2025 Financial Stability…

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Tuesday urged banks to leverage advanced technology, including artificial intelligence (AI), to reduce costs, improve operational efficiency and strengthen customer experience while ensuring cybersecurity.   During the RBI’s half-yearly meetings with the managing directors (MDs) and chief executive officers (CEOs) of public sector banks…

Nonbank mortgage giant Rocket Cos. closed on a multibillion-dollar credit agreement with JPMorgan Chase on Thursday that will replace the facility it took out while two of its large acquisitions were pending last year. Processing Content The new credit line Rocket will use for general corporate purposes has an initial $2.5 billion capacity and allows…

GB Bank has completed a £33 million bridging finance facility secured against a mixed-use London property portfolio, delivering the funding within seven days to meet an exchange deadline. Working with broker SHC Capital, the lender provided an initial facility against an unencumbered portfolio of income-producing assets. The borrower, an established property investor with more than…

Rate hold path stays intact ahead of September decision The Bank of Canada held its overnight rate at 2.25% on July 15, for the sixth consecutive time, with its next announcement set for September 2. Brokers monitoring variable-rate mortgage exposure will note that divisions among Bank of Canada decisionmakers on the economy’s resilience have surfaced in…