Swiss central bank promises regulation review after collapse of Credit Suisse
The Swiss National Bank on Friday pledged to review banking regulations during its annual general meeting in Bern, following recent…
Standard Chartered CEO warns of risks in the banking sector that haven’t ‘come home to roost’
Standard Chartered‘s chief executive warned Monday that the banking sector may face fresh issues, even as the immediate risks from…
UK inflation is just not going down as cost of living crisis offers ‘no respite’
LONDON — U.K. inflation remained stubbornly in double digits in March, driven largely by soaring food prices, while the country’s…
‘We should be worried’: Finance leaders warn rising interest rates are squeezing low-income countries
Leaders of several global financial bodies warned that rising interest rates are increasing pressure on low-income developing countries, around 60%…
UK inflation rate surprises again with March figure holding above 10%
U.K. inflation unexpectedly remained in double-digits in March as households continued to grapple with soaring food and energy bills. The…
Banking crisis forces ECB policymakers to rethink rate hikes, but focus still firmly on inflation
European Central Bank policymakers are reconsidering the path of interest rate hikes in light of last month’s banking turmoil, but…
UK economy flat in February as strikes and inflation bite — and the IMF delivers reality check
LONDON — The U.K. economy flatlined in February as widespread industrial action and persistently high inflation stymied activity. Data on…
Switzerland faced a full-scale bank run if Credit Suisse went bankrupt, Swiss regulator argues
Allowing the bankruptcy of troubled lender Credit Suisse would have crippled Switzerland’s economy and financial center and likely resulted in…
It’s the U.S., not Europe’s banking system that’s a concern, top economists say
Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in…
‘Nationalizing bond markets’ left central banks unprepared for inflation, top HSBC economist says
The prolonged period of loose monetary policy after the global financial crisis equated to central banks “nationalizing bond markets,” and…
