Banks borrowed a record amount from the Federal Reserve’s newest backstop facility in the most recent week as increasing wagers on interest-rate cuts made...
US regional banks are seeing “permanently” elevated funding costs relative to their major competitors in the wake of the March turmoil that upended the...
Borrowing activity in the federal funds market is signaling that stress in the US banking system hasn’t fully gone away.
Although a decline in total...
Nymbus, a startup that partners with banks to migrate their legacy stack and launch neobanks to attract new customers, today announced that it raised...
Borrowing from the Federal Reserve’s backstop liquidity facilities rose last week, with loans outstanding from one of them hitting a fresh high, as financial...
The International Monetary Fund approved Ghana’s request for a $3 billion bailout over three years to support the debt-ridden nation’s recovery.
The West African economy...
A loyalty app which counts Barclays and Lloyds Banking Group among its shareholders has secured a £9m funding lifeline.
Sky News understands that existing investors...