Several US banks face comparable risks to SVB as Fed maintains rate hikes
Scores of U.S. banks are facing similar balance sheet risks to…
Banking
Bank of England raises interest rates again while predicting a rapid drop in inflation
The Bank of England (BoE) raised interest rates for the 11th time…
State Bank of Pakistan may increase interest rate to access IMF loan programme
The State Bank of Pakistan (SBP) is likely to raise the interest…
Moody's Chief Economist Mark Zandi expresses disappointment and calls the Fed's latest interest rate hike unnecessary
The Fed’s Wednesday interest rate hike is likely to add to…
World Bank grants approval for $7bn financing program to support Egypt
The World Bank has announced that it has approved a $7 billion…
Switzerland's wealth management leadership at risk due to Credit Suisse's collapse, according to analysis
The fall of Credit Suisse (CSGN.S) has dealt a serious blow…
UK inflation shock increases pressure on BoE for another rate hike
British inflation unexpectedly rose to 10.4% in February, pushed up by…
Jeremy Siegel finds hope in banking crisis, foresees better US economy in the next year
Fears about the impact of a banking crisis are preying on markets…
JPMorgan Chase purchases data platform to better serve startup market and venture capital investors
JPMorgan Chase is acquiring a data analytics provider for startup investors called…
Fed predicts only one additional rate hike for the remainder of the year
The Federal Reserve will hike interest rates just one more time in…
ECB monitoring for signs of stress, but unlikely to face banking crisis
The European Central Bank is watching for signs of stress in the…
German experts warn of inflation surge if banking woes prevent rate hikes
Germany’s economic council on Wednesday warned that inflation could remain high…