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Consumer Debt Hits All-Time High of $17 Trillion, Despite Decrease in Mortgage Demand
$17

Consumer Debt Hits All-Time High of $17 Trillion, Despite Decrease in Mortgage Demand

Total consumer debt hit a fresh new high in the first quarter
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Pete Sadler
JPMorgan and Barclays Invest $4.5 Billion in Wefox, the Insurance Tech Powerhouse
$4.5

JPMorgan and Barclays Invest $4.5 Billion in Wefox, the Insurance Tech Powerhouse

German digital insurer Wefox said Wednesday it raised $110 million of fresh
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Pete Sadler
Australian Banks Introduce Cutting-Edge Scam-Busting Tool for Enhanced Financial Security
australian

Australian Banks Introduce Cutting-Edge Scam-Busting Tool for Enhanced Financial Security

Falling victim to fraud may soon be a thing of the past
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Pete Sadler
Morgan Stanley Contemplating Expanded Layoffs Amid Ongoing Banking Worries
amid

Morgan Stanley Contemplating Expanded Layoffs Amid Ongoing Banking Worries

Investment banking behemoth Morgan Stanley is said to be weighing up job
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Pete Sadler
Policy Pivot Triggers Rate-Cut Bets across Emerging Asia
across

Policy Pivot Triggers Rate-Cut Bets across Emerging Asia

Traders accustomed to aggressive interest-rate hikes across Asia are now seeking to
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Pete Sadler
Australian Consumer Confidence Plummets to Lowest Point Since April 2020, Reports Indicate
2020

Australian Consumer Confidence Plummets to Lowest Point Since April 2020, Reports Indicate

A new report released on Tuesday confirmed that the Australian consumer confidence
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Pete Sadler
Argentina Raises Interest Rate to 97% in Battle Against Inflation
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Argentina Raises Interest Rate to 97% in Battle Against Inflation

The Central Bank of Argentina raised its key interest rate Monday by
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Pete Sadler
Fed's Rates Not Restrictive Enough, States Mester
Banking

Fed's Rates Not Restrictive Enough, States Mester

The Federal Reserve has yet to reach a point where interest rates
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Pete Sadler
Indian Banking System Demonstrates Resilience Amidst Global Banking Crisis
amidst

Indian Banking System Demonstrates Resilience Amidst Global Banking Crisis

In March 2023, soon after the collapse of US-based tech industry-oriented Silicon
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Pete Sadler
Central Banks Engage in Unprecedented Yuan Usage Through PBOC Swaps
banks

Central Banks Engage in Unprecedented Yuan Usage Through PBOC Swaps

Global central banks tapped a record amount of the Chinese currency in
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Pete Sadler
Interest-Rate Risks Trigger Regulatory Scrutiny of Banks
Banking

Interest-Rate Risks Trigger Regulatory Scrutiny of Banks

US regulators are ratcheting up oversight efforts across the banking system as
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Pete Sadler
Warren Buffett Sells Holdings in Two Banks, Increases Investment in Bank of America
america

Warren Buffett Sells Holdings in Two Banks, Increases Investment in Bank of America

Warren Buffett cut his exposure to two more banks last quarter while
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Pete Sadler
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