Financial Services

ECB ready to cut rates and push banks into lending to boost euro zone economy

FRANKFURT, June 5 (Reuters) – The European Central Bank is poised to impose negative interest rates on its overnight depositors, seeking to cajole banks into lending instead and to prevent the euro…

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Australian man avoids prison in online poker sentencing in U.S.

NEW YORK, June 4 (Reuters) – An Australian man avoided prison when he was sentenced on Wednesday in New York for illegally processing gambling proceeds through U.S. banks for several major Internet…

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UPDATE 3-Monitise names former Visa executive as co-CEO

* Elizabeth Buse to co-run company with founder Alastair Lukies

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