China's Troubled Shadow Bank Signals $36 Billion Shortfall Warning
Embattled shadow banking giant Zhongzhi Enterprise Group Co. has revealed the depth…
Banking
India's Central Bank Governor Raises Concerns Over Credit Exuberance
India’s central bank Governor Shaktikanta Das warned banks to undertake stress…
Citi Engages in Talks to Initiate New Private Credit Strategy in Early 2024
Citigroup Inc. is in discussions to start a new direct-lending strategy by…
Barclays Predicts Fed Will Maintain Rates in January
Barclays said on Wednesday it no longer expects the U.S. Federal…
Central Bank of Brazil Can Pursue Rate Reductions, States Campos Neto
Brazil’s central bank has room to continue lowering interest rates as…
Slok Warns of Sustained Elevated Funding Costs for Regional Banks
US regional banks are seeing “permanently” elevated funding costs relative to their…
BOE Governor Advises Markets Against Quick Expectations of Inflation Reduction
Andrew Bailey has warned markets against underestimating the persistence of UK inflation…
Incumbent Banks, Fintech Start-Ups Eye Vast Opportunities in Africa's Unbanked Demographic
Africa has the most profitable banking sector in the world and its…
Neobank Trends Signal Strategic Fintech Shift in the Long Run
The conditions that came together to incubate the neobank movement are giving…
ECB's Lagarde Notes Signs of Global Economic Fragmentation into Blocs
European Central Bank President Christine Lagarde on Friday said Europe is now…
JPMorgan Views Less Than 1% Growth as Sufficient for Credit
JPMorgan Chase & Co. isn’t expecting much in the way of…
China Directs Banks to Limit Early 2024 Loans, Redirects Some Forward
China’s central bank has encouraged lenders to cap the amount of…