Economy 2020
- Banking
New sanctions require banks to up their games | ABA Banking Journal
‘For regional banks, the ultimate question may be whether they want to deal with this or simply de-risk.’ By John…
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European lawmakers are quietly miffed at U.S. regulators over SVB’s collapse
Chair of the ECB Supervisory Board Andrea Enria and Chairperson of the European Banking Authority (EBA) Jose Manuel Campa in…
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Citi’s Fraser warns mobile money is ‘game changer’ for bank runs
“There were a couple of tweets and then this thing went down much faster than has happened in history,” Citi…
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CNBC Daily Open: Powell flipped the script
Jerome Powell, chairman of the US Federal Reserve, exits following a news conference following a Federal Open Market Committee (FOMC)…
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After reaping huge venture gains, Live Oak plants more seeds
Live Oak Bancshares Chief Strategy Officer Stephanie Mann says she looks for companies with “that Live Oak fit” in leading…
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OFR says central bank digital currency helps households, hurts banks
The Office of Financial Research issued a report Wednesday that found a central bank digital currency, if fully implemented, “household…
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Brown to introduce bill on compensation of failed bank executives
Senate Banking Committee chair Sherrod Brown, D-Ohio, said Wednesday that he is poised to introduce legislation to give the Federal…
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Wall Street is confident high-yielding banks won’t cut their dividends
Forget about Treasury bills or certificates of deposit. Just look at the fat dividend yields now on offer among regional…
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Morgan Stanley turns ‘outright bullish’ on stocks in Asia, emerging markets
Key Points “We believe it is time to turn overweight on Growth stocks in Asia/EM again,” Morgan Stanley strategists said…
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CNBC Daily Open: Regional banks popped — but can the rally last?
Treasury Janet Yellen speaks at the American Bankers Association Washington Summit on March 21, 2023 in Washington, DC. Drew Angerer…
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