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Global Economic Slowdown Expected in 2024 Due to High Rates, War, and Inflation
News

Global Economic Slowdown Expected in 2024 Due to High Rates, War, and Inflation

The global economy, which has proved surprisingly resilient this year, is expected
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Pete Sadler
Morgan Stanley CEO Attributes 2023 Bank Failures to 'Stupidity of Their Own Management
Banking

Morgan Stanley CEO Attributes 2023 Bank Failures to 'Stupidity of Their Own Management

Morgan Stanley CEO James Gorman blamed mismanagement and recklessness for the spate
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Pete Sadler
World's Central Banks Approach 2024 with Cautious Steps—Here's Why
Banking

World's Central Banks Approach 2024 with Cautious Steps—Here's Why

Some of the world’s major central banks – including the US Federal
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Pete Sadler
Japan Banks Rush to Strengthen Asset Management Business Amid Government Reform Push
Banking

Japan Banks Rush to Strengthen Asset Management Business Amid Government Reform Push

The Japanese government’s reform push for the country’s $5 trillion
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Pete Sadler
Japan's Core Inflation Slows, Providing Breathing Room for BOJ in November
Banking

Japan's Core Inflation Slows, Providing Breathing Room for BOJ in November

Japan’s core inflation slowed sharply in November to a pace unseen
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Pete Sadler
Mongolia Initiates Historic Move: Opens Door to Foreign Banks for Financial Sector Expansion
Banking

Mongolia Initiates Historic Move: Opens Door to Foreign Banks for Financial Sector Expansion

Mongolia is opening its door to foreign banks for the first time
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Pete Sadler
Deutsche Bank's Postbank Under Pressure as Employees Seek 15.5% Pay Hike
Banking

Deutsche Bank's Postbank Under Pressure as Employees Seek 15.5% Pay Hike

Deutsche Bank AG is facing a demand for a 15.5% pay
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Pete Sadler
Revolut Issues Delayed Accounts in Effort to Advance Towards UK Bank License
Banking

Revolut Issues Delayed Accounts in Effort to Advance Towards UK Bank License

British online bank Revolut Ltd. published its delayed accounts for 2022 on
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Pete Sadler
Nigeria Faces Cash Crunch Again on Anniversary of Failed Demonetization Campaign
News

Nigeria Faces Cash Crunch Again on Anniversary of Failed Demonetization Campaign

Nigerians are hoarding cash again amid memories of a failed official campaign
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Pete Sadler
UK Economy Shrinks, Escalating Risk of Recession
News

UK Economy Shrinks, Escalating Risk of Recession

The UK economy unexpectedly shrank in the third quarter, raising the possibility
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Pete Sadler
Turkey Implements Another Interest Rate Hike Alongside New Tightening Measures
Banking

Turkey Implements Another Interest Rate Hike Alongside New Tightening Measures

Turkey’s central bank delivered its seventh straight interest-rate hike as part
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Pete Sadler
Swiss Franc Hits Highest Level Against Dollar Since 2015
News

Swiss Franc Hits Highest Level Against Dollar Since 2015

The Swiss franc jumped to its highest level against the dollar since
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Pete Sadler
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