Global Banking Monitor

Thursday, February 22, 2024

Tag: defaults

Chinese Banks Increase Bad Loan Sales in Response to Escalating Consumer Defaults

Chinese banks are putting bad loans up for sale at a record pace, as regulators push for faster disposal of sour debts amid rising...

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...

Brazilian Households Experience Growing Defaults in the Face of High Interest Rates

Brazilians are struggling to pay their debts on time, with four out every ten adults facing default, as central bankers keep monetary policy tight...

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