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Indian Forex Reserves Surpass $600 Billion, Near Highest Level in 15 Months
Banking

Indian Forex Reserves Surpass $600 Billion, Near Highest Level in 15 Months

India’s foreign exchange reserves (INFXR=ECI) rose for a third straight…
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Pete Sadler
World's Best Sub-Custodian Banks for 2023 Announced
Banking

World's Best Sub-Custodian Banks for 2023 Announced

For financial institutions seeking to expand globally, sub-custodians serve as the investment…
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Pete Sadler
China's Economic Slowdown Casts Shadow on Global Corporate Earnings
News

China's Economic Slowdown Casts Shadow on Global Corporate Earnings

As the reporting season for the second quarter approaches, businesses with exposure…
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Pete Sadler
Kuwait Implements Ban on Virtual Currency Transactions
Kuwait

Kuwait Implements Ban on Virtual Currency Transactions

The regulatory authorities in Kuwait, including the Central Bank, the Capital Markets…
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Pete Sadler
Mortgage Rates Experience Significant Dip, Marking Biggest Decline Since March
News

Mortgage Rates Experience Significant Dip, Marking Biggest Decline Since March

U.S. mortgage rates inched lower this week, backing off from an…
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Pete Sadler
Bernanke Anticipates Next Fed Interest Rate Hike Could Mark the End of a Trend
Banking

Bernanke Anticipates Next Fed Interest Rate Hike Could Mark the End of a Trend

The Federal Reserve’s widely expected increase in interest rates next week…
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Pete Sadler
Capital One Financial Surpasses Profit Estimates, Boosted by Increased Interest Income
Banking

Capital One Financial Surpasses Profit Estimates, Boosted by Increased Interest Income

Consumer lender Capital One Financial reported a second-quarter profit on Thursday that…
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Pete Sadler
Chief Investment Officer (CIO) Advocates Interest Rate Cut by the Fed to Stabilize Inflation at 2%
News

Chief Investment Officer (CIO) Advocates Interest Rate Cut by the Fed to Stabilize Inflation at 2%

If the Federal Reserve wants to get inflation back down to its…
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Pete Sadler
UK Implements Stricter Rules for Bank Account Closures Following Blacklisting Complaints
Banking

UK Implements Stricter Rules for Bank Account Closures Following Blacklisting Complaints

Banks in Britain will be forced to explain and delay any decision…
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Pete Sadler
US Regional Bank Stocks Decline Due to Mixed Performance; Discover Hit by Regulatory Review
Banking

US Regional Bank Stocks Decline Due to Mixed Performance; Discover Hit by Regulatory Review

U.S. regional bank stocks fell on Thursday after quarterly earnings showed…
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Pete Sadler
Sri Lanka's Parliament Passes Bill to Enhance Central Bank's Autonomy
Banking

Sri Lanka's Parliament Passes Bill to Enhance Central Bank's Autonomy

Sri Lanka’s parliament on Thursday approved a new law to improve…
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Pete Sadler
South African Central Bank Governor's Remarks on Interest Rate Decision
Banking

South African Central Bank Governor's Remarks on Interest Rate Decision

Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago…
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Pete Sadler
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