“Final implications from these structural challenges are uncertain, but further sharp price corrections would result in higher-than-expected credit losses for banks globally,” the report said. To…
The election of Donald Trump has sent shockwaves through various sectors of the U.S. economy, but perhaps none have felt the ripple effect as acutely as…
“While the results of the U.S. elections bring the prospects of lower corporate taxes and deregulation, we do not expect bank credit fundamentals to be significantly…
The prospect of financial deregulation boosted many bank stocks today. Shares of bank and credit card stocks, such as American Express (AXP 6.97%), Synchrony Financial (SYF…
“[Alts managers] will benefit from the meaningful growth in private credit as more borrowers turn to private, flexible, non-traditional debt capital and banks divest of non-strategic…
GSMA and UK Finance have joined forces to provide a collaborative framework for the UK’s leading mobile network operators and banks to develop and launch Scam…
Quantum computing stands to radically transform entire industries – from health care, wellness, and pharmaceuticals to finance and banking, communication, and energy. Read More: Quantum Computing’s…
Billionaire Warren Buffett is buying a “high flying” asset after significantly reducing his exposure to the US banking industry, according to a new report. The renowned…
What’s going on here?Swiss taxpayers have had enough, prompting the government to draft stringent new regulations for the country’s banks after last year’s Credit Suisse debacle.What…