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Standard Chartered to sell its Jordan unit
Banking

Standard Chartered to sell its Jordan unit

Standard Chartered (STAN.L) plans to sell its Jordanian business to Arab…
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Pete Sadler
Swiss finance minister reveals Credit Suisse accessed billions in liquidity last weekend
Banking

Swiss finance minister reveals Credit Suisse accessed billions in liquidity last weekend

Credit Suisse (CSGN.S) tapped the Swiss National Bank for “a large…
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Pete Sadler
IMF urges vigilance as risks to financial stability grow
News

IMF urges vigilance as risks to financial stability grow

International Monetary Fund chief Kristalina Georgieva said on Sunday that risks to…
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Pete Sadler
Goldman Sachs estimates Inflation Reduction Act could cost US $1.2 trillion
Banking

Goldman Sachs estimates Inflation Reduction Act could cost US $1.2 trillion

President Biden’s clean-energy law will cost roughly $1.2 trillion,…
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Pete Sadler
Uncertainty over banks and Fed policies weighs heavily on US stock market
Banking

Uncertainty over banks and Fed policies weighs heavily on US stock market

Investors are settling in for a long slog in the U.S.…
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Pete Sadler
Banks may still face challenges ahead, posing risks to the broader economy
Banking

Banks may still face challenges ahead, posing risks to the broader economy

Markets seesawed severely this week when two of the US economy’s…
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Pete Sadler
Small US banks face a record drop in deposits following SVB's collapse
Banking

Small US banks face a record drop in deposits following SVB's collapse

Deposits at small US banks dropped by a record amount following the…
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Pete Sadler
US Considers Additional Bank Support, Grants First Republic Extension
Banking

US Considers Additional Bank Support, Grants First Republic Extension

US authorities are considering expanding an emergency lending facility for banks in…
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Pete Sadler
Understanding China's Resilient Real Estate Prices: An Analysis
News

Understanding China's Resilient Real Estate Prices: An Analysis

China’s property market is a cornerstone of its economy, and its…
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Pete Sadler
Bank of America to shift wealth management and banking employees, says source
Banking

Bank of America to shift wealth management and banking employees, says source

Bank of America Corp (BAC.N) is redeploying employees in wealth management…
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Pete Sadler
The Biggest Financial Turmoil of the Last 40 Years: A Factbox
News

The Biggest Financial Turmoil of the Last 40 Years: A Factbox

Markets have experienced massive upheaval in the last month, prompted in part…
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Pete Sadler
Wall Street's call for bank rescues collides with Washington's realities
Banking

Wall Street's call for bank rescues collides with Washington's realities

The banking crisis set off by the swift collapse of Silicon Valley…
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Pete Sadler
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