Hints and tips:
Related Special Reports
...Attendees were given the chance to quiz Switzerland’s finance minister Karin Keller-Sutter and central bank governor Thomas Jordan, just over six months after the pair played key roles in the rescue of Credit...
...Credit card interest and fees increased by $51bn in that time to $157bn, according to data provided by US banks to the Federal Deposit Insurance Corporation....
...the chair of the Federal Deposit Insurance Corporation has warned....
...The European Central Bank already plays a role in supporting the fossil fuel economy, the report argues, with its list of assets that can be used by banks as collateral for credit....
...These vehicles are called business development corporations, or BDCs....
...Having struggled to gain credit from Americans for the strong economy since he took office, Biden is expected to take aim in his speech at corporations, calling for higher taxes on big businesses and the...
...They are not supported by deposit insurance and central bank lending for liquidity needs. They are not as expert in understanding and pricing credit risk....
...It was a similar story among non-financial corporations where outstanding bonds reached a record $16.6tn in 2021, more than double the amount in 2008....
...In the wake of three of the largest bank failures in US history a year ago, the US Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency are all pushing...
...State-owned corporations, especially those owned by the central government, rarely go bankrupt in China because state-owned banks are obliged to indulge their excesses....
...“Sometimes locals don’t like big corporations taking over their home resort,” he said....
...It can be so deflating when areas get overtaken by corporations and can turn into something akin to a shopping mall.”...
...This unleashed a wild acceleration of the money supply and credit. Excess liquidity poured into an overheating property market....
...Nevertheless Rupert, Lachlan and others “caused Fox News to promote political narratives without regard for whether the underlying factual assertions were true or based on sources worthy of credit”, they...
...Central banks have for too long refused to take time seriously....
...The three major Singaporean financial institutions — DBS, United Overseas Bank and Oversea-Chinese Banking Corporation — refer to Fed rates when setting those for their own loans....
...Jon Hauptman, founder of consultancy Price Dimensions, has noticed a shift away from a model where big producers offered credit to retailers in return for discounts....
...But when March 2020 or another crisis rolls around and every global investor and corporation is scrambling to hoard cash and draw on their credit lines, banks will not be a cheap or reliable source of funding...
...It is home to the Bank for International Settlements — the central bank for central banks — and the Basel Committee on Banking Supervision, which sets the rules by which the world’s banks do business....
...New York hedge fund Elliott Management is best known for hardball tactics that have seen it take on governments and large corporations....
...Here are some of the key undecided clauses in the global stock take agreement, which will be central to discussions here over the next eight days....
...One scoop to start: Former Credit Suisse boss Tidjane Thiam has been embroiled in a bitter dispute with his Spac partner Edward Zeng, after the Chinese entrepreneur’s firm sued Thiam’s company for allegedly...
...Investors’ enthusiasm towards short-term LGFV bonds is expected to stay high over the short run, said Wang Ruoyang, analyst with China International Capital Corporation....
...In securities filings this week, US oil company Chevron disclosed a potential hang-up for its pending $53bn all-stock acquisition of smaller rival, Hess Corporation....
...And so the Federal Deposit Insurance Corporation, the FDIC, had to step in....
International Edition