credit Archives - Page 2 of 6 - Global Banking Monitor

Turkey Implements New Lending Rules to Curb Credit Boom

Turkey’s central bank has rolled out new measures to curb credit-card spending and limit loans to some industries as it leans on backdoor tightening...

Credit Suisse Faces $388 Million Fine in Response to Archegos Collapse

Credit Suisse has been fined $388mn by US and British regulators for “significant failures in risk management and governance” related to the collapse of...

America’s Recession Avoidance Credit Goes to Corporate Sector, Says Top Strategist

Albert Edwards is known for lamenting “Greedflation.” The veteran strategist at the French investment bank Société Générale argued in a series of research notes...

EY to Remain UBS Auditor Post Credit Suisse Acquisition

UBS Group (UBSG.S) has decided to retain EY as its external auditor, enlarging its role to include Credit Suisse's accounts from 2024, the Financial...

Credit Suisse Breaks Norm by Disclosing Details of EM Debt Holdings

Credit Suisse is one of a handful of global banks publicly disclosing some loans to poor countries, as most of the rest of the...

Janus Henderson Warns of Growing Risk of Credit Crunch amid Fed Rate Hikes

The UK pension upheaval last year and more recent US regional bank stress may be just the beginning of rolling crises that end up...

Powell’s Wake-Up Call Points to Increased Corporate Defaults: Credit Weekly

America’s most leveraged companies got a painful reality check this week when Federal Reserve Chairman Jerome Powell warned that a rate cut is still...

UBS CEO Ermotti Suggests Retaining Credit Suisse as Domestic Bank

UBS chief executive Sergio Ermotti has given the clearest indication yet that his bank intends to keep hold of Credit Suisse’s domestic business in...

Fed Cautions That Tighter Credit Conditions Could Impact US Growth

The Federal Reserve warned Friday that tighter U.S. credit conditions following a spate of bank failures in the spring could hinder economic growth this...

Deutsche Bank Attracts Top Perella and Credit Suisse FIG Bankers

Deutsche Bank AG is hiring top financial services dealmakers from Perella Weinberg Partners and Credit Suisse Group AG as it seeks to beef up...

China’s Credit Demand Shows Signs of Weakness, Indicating a Slowing Recovery

China’s credit demand weakened in May as the economy’s recovery lost steam, adding to reasons for the central bank to boost stimulus to spur...

UBS Chooses to Retain More than 100 Credit Suisse Asia Dealmakers

UBS Group AG is looking to retain more than 100 Credit Suisse Group AG investment bankers across Asia, seeking to shore up talent in...

Fitch Retains Negative Outlook for U.S. Credit Rating Despite Debt Limit Resolution

The United States' "AAA" credit rating will remain on negative watch, despite a debt limit agreement that will allow the government to meet its...

SNB Stands Firm on Rate Increase, Denies Responsibility for Credit Suisse’s Downfall

Swiss National Bank Chairman Thomas Jordan on Wednesday defended recent interest rate hikes to tackle inflation, saying they were neither damaging for Swiss financial...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: credit