This is an opinion post by our Analyst team.
First, let's have a stream of consciousness from the banking market:
For years now, every technology presentation to the executive team or board of a bank has included some sort of mention of GAFA, NAFA, MAFNA, MAAA -- letters equating to something like "Google Alphabet Apple Facebook Meta Amazon Netflix...
Weeks after the failure of two banks, President Joe Biden called Thursday for independent regulatory agencies to impose tighter rules on the financial system, telling them that they can act under current law...
It seems that Jerome Powell's work isn't yet done, with economists expecting the Fed to stay true to its word and raise rates one more time in order to reach the "point of...
Egypt resumed a cycle of monetary tightening as the central bank tries to tackle inflation that’s been stoked by currency devaluations.
The Monetary Policy Committee raised the deposit rate by 200 basis points to 18.25% and...
Bryan Carroll today announced that he is stepping down as CEO of Vietnam's TNEX digital bank. He posted the news directly on his LinkedIn feed earlier today and indicated he will resign his position...
This is an opinion piece by our Analyst Team.
So after the on-going Silicon Valley Bank debacle - something we've all been obsessing over during the last week or so - we've also been having...
Blackstone Inc.’s Steve Schwarzman expects most US banks to withstand the current industry turmoil, blaming it on the after-effects of the pandemic and technology rather than a wave of bad loans.
The billionaire chief executive officer of the New York-based alternative asset manager said mobile phone apps that have enabled people to communicate and move their money quickly, coupled with a massive increase in deposits after the global coronavirus health crisis, led to the current tumult.
“The banking system is not in any type of conventional crisis,” Schwarzman said in an interview in Tokyo on Thursday. “We have just an interim issue with interest rates being up and we have a...
Embattled First Republic Bank is no longer searching for a buyer as investment advisors and company executives seek to repair the company’s balance sheet before any sale might take place, FOX Business has learned.
The decision to pull it off the market, which was first...
In the weeks since Silicon Valley Bank's collapse and associated crisis in the global banking world, the U.S. Treasury market has been ground zero for dramatic price moves shaping investor sentiment.
And the standout within this volatility has been the swing in the yield on...
It may be too soon for the Philippine central bank to pause from raising interest rates at its next policy meeting in May, Governor Felipe Medalla said, signaling its most aggressive tightening cycle...
Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving the failure to disclose nearly $100 million...
As the Federal Reserve’s interest-rate hikes sent bond prices plunging last year, some of the country’s largest banks used a simple accounting maneuver to...
After Silicon Valley Bank became the second-largest bank of all time to fail, investors and analysts across the world have been sounding alarm bells....
Australian banks are well-positioned to deal with the pressures emanating from the recent bank runs in the United States, but their margins could be...
Australian inflation slowed to an eight-month low in February, due in part to a sharp retreat in prices for holiday travel and accommodation, bolstering...
Kenya’s central bank surprised financial markets by raising borrowing costs to an almost five-year high because of sustained inflationary pressures. Bonds gained.
The monetary policy...
The failures of U.S. lenders Silicon Valley Bank (SVB) and Signature Bank, followed by Credit Suisse's rescue, and the ensuing turmoil in world markets...
UBS is bringing back its former chief executive, Sergio Ermotti, to manage the hugely complex and risky task of completing the bank’s emergency takeover...
Finance Minister Chrystia Freeland is planning to raise billions of dollars from banks and insurance companies by changing the tax rules for dividends they...
