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Challenges Ahead for China's New Central Bank Governor
Banking

Challenges Ahead for China's New Central Bank Governor

China has a new central bank governor. Pan Gongsheng, who has managed
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Pete Sadler
Saudi Central Bank Announces 25 bps Increase in Repo Rate to 6%
Banking

Saudi Central Bank Announces 25 bps Increase in Repo Rate to 6%

The Saudi central bank, known as SAMA, increased key rates by 25
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Pete Sadler
Sanctioned Iraqi Banks Prepared for Audit, Caution Against Dinar Slide
Banking

Sanctioned Iraqi Banks Prepared for Audit, Caution Against Dinar Slide

Fourteen Iraqi private banks sanctioned by the United States over allegedly helping
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Pete Sadler
JPMorgan to Acquire Nearly $2 Billion of Mortgages in the PacWest Deal - Source
Banking

JPMorgan to Acquire Nearly $2 Billion of Mortgages in the PacWest Deal - Source

JPMorgan Chase & Co (JPM.N) will buy almost $2 billion worth
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Pete Sadler
Bank of Canada Minutes Reveal Discussion on Delaying Rate Hike at Last Meeting
Banking

Bank of Canada Minutes Reveal Discussion on Delaying Rate Hike at Last Meeting

The Bank of Canada discussed delaying a hike to its key overnight
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Pete Sadler
US Regulators Set to Reveal Plan for Banks to Establish Cash Reserves
Banking

US Regulators Set to Reveal Plan for Banks to Establish Cash Reserves

U.S. regulators are set to propose a rule that could significantly
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Pete Sadler
European Banks Highlight Bad Loan Risks Amid Faltering Global Economy
Banking

European Banks Highlight Bad Loan Risks Amid Faltering Global Economy

Europe’s major banks, including Deutsche Bank and Lloyds Banking Group, on
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Pete Sadler
Fed Raises Interest Rates by 0.25 Point, Hints at Possible Further Hike Amid Easing Inflation
Banking

Fed Raises Interest Rates by 0.25 Point, Hints at Possible Further Hike Amid Easing Inflation

Despite a recent pullback in inflation, the Federal Reserve raised its key
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Pete Sadler
Understanding How the Federal Reserve Affects Savings Account Interest Rates
Banking

Understanding How the Federal Reserve Affects Savings Account Interest Rates

When the Federal Reserve changes interest rates, consumers feel the ripple effects
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Pete Sadler
Fed's Interest Rate Hike: Identifying the Biggest Winners and Losers
Banking

Fed's Interest Rate Hike: Identifying the Biggest Winners and Losers

The Federal Reserve announced that it’s raising interest rates by 0.
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Pete Sadler
Deutsche Bank's Strong Trading Performance Dimmed by Escalating Costs
Banking

Deutsche Bank's Strong Trading Performance Dimmed by Escalating Costs

Deutsche Bank AG Chief Executive Officer Christian Sewing said he’s optimistic
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Pete Sadler
ECB Plans Another Interest Rate Hike as Finish Line Comes Into View
Banking

ECB Plans Another Interest Rate Hike as Finish Line Comes Into View

The European Central Bank is set to lift interest rates by another
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Pete Sadler
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