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IFC-Backed Federal Bank Aims to Secure Funds of Up to $486 Million
$486

IFC-Backed Federal Bank Aims to Secure Funds of Up to $486 Million

Federal Bank Ltd., the Indian bank backed by the International Finance Corp.
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Pete Sadler
Western Alliance's Growing Deposits Propel Regional Bank Stocks to Soar
alliance’s

Western Alliance's Growing Deposits Propel Regional Bank Stocks to Soar

Regional bank stocks surged on Wednesday after Western Alliance reported that customer
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Pete Sadler
Excessive CEO Pay Blamed by Senators for Failures of Regional Banks
Banking

Excessive CEO Pay Blamed by Senators for Failures of Regional Banks

US senators hammered former executives of recently collapsed Silicon Valley Bank and
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Pete Sadler
Lebanon's Economic Recovery Hindered by Expanding Dollarized Cash Economy, Says World Bank
bank

Lebanon's Economic Recovery Hindered by Expanding Dollarized Cash Economy, Says World Bank

Crisis-hit Lebanon’s economic recovery is hampered by a growing dollarised cash
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Pete Sadler
UBS Forecasts $17 Billion Expense from Proposed Credit Suisse Merger
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UBS Forecasts $17 Billion Expense from Proposed Credit Suisse Merger

UBS Group AG (SIX:UBSG) has said it could stand to lose
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Pete Sadler
Consumer Debt Hits All-Time High of $17 Trillion, Despite Decrease in Mortgage Demand
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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
$97

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
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