Global Banking Monitor

Sunday, May 28, 2023

SVB’s primary debtor in Canada revealed as Romanow’s tech finance firm

The bankruptcy liquidator in charge of Silicon...

German growth outlook deteriorates, impacting the global economy

Germany suffered its first recession since the...

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SVB’s primary debtor in Canada revealed as Romanow’s tech finance firm

The bankruptcy liquidator in charge of Silicon Valley Bank’s Canadian unit is set to receive offers for its loan book on Monday, and the...

Central banker calls for wage restraint in Iceland to slow down inflationary trends

Iceland’s labor market parties must rein in wage growth to help slow interest rate hikes, according to the central banker in charge of western...

German growth outlook deteriorates, impacting the global economy

Germany suffered its first recession since the start of pandemic, extinguishing hopes that Europe’s top economy could escape such a fate after the war...

Latest Banking News

SVB’s primary debtor in Canada revealed as Romanow’s tech finance firm

The bankruptcy liquidator in charge of Silicon Valley Bank’s Canadian unit is set to receive offers for its loan book on Monday, and the...

ECB reaches a significant stage of rate tightening, says Makhlouf

The European Central Bank is in the final stretch of its historic cycle of interest-rate increases, according to Governing Council member Gabriel Makhlouf. “Given our...

Former BOE hawks predict UK interest rates to reach the “pain level” of 6%

Hawkish former Bank of England rate-setters warned that interest rates will need to soar as high as 6% to stamp out inflation, a level...

Latest Markets News

Central banker calls for wage restraint in Iceland to slow down inflationary trends

Iceland’s labor market parties must rein in wage growth to help slow interest rate hikes, according to the central banker in charge of western...

German growth outlook deteriorates, impacting the global economy

Germany suffered its first recession since the start of pandemic, extinguishing hopes that Europe’s top economy could escape such a fate after the war...

Bond traders widen their focus to potential risks beyond the debt ceiling

Bond investors are beginning to look beyond the debt-ceiling quagmire even as Treasury Secretary Janet Yellen’s warnings about when the US will run out...

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