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Bank of America Issues Early Warning of Mild Recession at Year's Start
‘mild

Bank of America Issues Early Warning of Mild Recession at Year's Start

Back in January, Bank of America was one of many investment banks
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Pete Sadler
Chinese Banks Increase Bad Loan Sales in Response to Escalating Consumer Defaults
bad

Chinese Banks Increase Bad Loan Sales in Response to Escalating Consumer Defaults

Chinese banks are putting bad loans up for sale at a record
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Pete Sadler
Global Non-Bank Sector Experiences Significant Retreat Amidst Higher Rates
amidst

Global Non-Bank Sector Experiences Significant Retreat Amidst Higher Rates

Multi-trillion dollar non-banking finance saw its first major retreat last year since
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Pete Sadler
Metro Bank Declines to Sell £3 Billion Mortgage Portfolio
£3

Metro Bank Declines to Sell £3 Billion Mortgage Portfolio

Metro Bank Holdings Plc said it’s no longer considering the sale
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Pete Sadler
Citi's Onshore China Investment Bank Plans Face Delays Due to Data Law
bank

Citi's Onshore China Investment Bank Plans Face Delays Due to Data Law

Citigroup Inc.’s push to set up a wholly-owned securities business in
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Pete Sadler
BOJ Maintains Suspense Over Negative Rate, Stalling Yen Rally Leaves Traders Guessing
banking

BOJ Maintains Suspense Over Negative Rate, Stalling Yen Rally Leaves Traders Guessing

Bank of Japan Governor Kazuo Ueda kept investors in the dark on
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Pete Sadler
Central Bank Predicts French Inflation to Decelerate to 1.8% in 2025
1.8%

Central Bank Predicts French Inflation to Decelerate to 1.8% in 2025

The Bank of France trimmed its forecasts for inflation this year and
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Pete Sadler
AI Introduces Banks to Novel Paths of Recurring Historical Errors
banking

AI Introduces Banks to Novel Paths of Recurring Historical Errors

The extraordinary hype around artificial intelligence this year touched the finance industry,
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Pete Sadler
Bank of Canada Chief Macklem Forecasts Rate Reduction in 2024
2024

Bank of Canada Chief Macklem Forecasts Rate Reduction in 2024

Bank of Canada Governor Tiff Macklem said he expects to start cutting
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Pete Sadler
Argentina Implements Unconventional Move, Slashing Key Rate to 100% through Policy Tool Swap
$100

Argentina Implements Unconventional Move, Slashing Key Rate to 100% through Policy Tool Swap

Argentina’s central bank changed its benchmark tool for monetary policy Monday,
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Pete Sadler
U.S. Regulators Highlight Artificial Intelligence as a Potential Risk to Financial Systems
artificial

U.S. Regulators Highlight Artificial Intelligence as a Potential Risk to Financial Systems

Rapid adoption of artificial intelligence (AI) could create new risks for the
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Pete Sadler
China's Central Bank Expands Liquidity Support through Policy Loans, Leaves Rates Unchanged
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China's Central Bank Expands Liquidity Support through Policy Loans, Leaves Rates Unchanged

China’s central bank ramped up liquidity injection but kept the interest
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Pete Sadler
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