Speech At “A 50 Year Retrospective on the Shadow Open Market Committee and Its Role in Monetary Policy,” a conference sponsored by the Hoover Institution, Stanford University, Stanford, California
The Monetary Authority of Singapore (MAS) has launched the Global Finance & Technology Network (GFTN), aimed at strengthening Singapore's position as a global fintech leader.
I had to cut my holiday short when my mother died, but now it is asking me questions I cannot answer This summer I set off on what I had hoped would be the holiday of a lifetime to Greenland. Sadly, just two days into the trip, my mother...
Branches of Al-Qard al-Hasan, which functions as Hezbollah’s de facto banking arm but also operates as an alternative bank for Lebanese, were targeted around Beirut and across the country’s south and east.
Mortgage rates rates moved moderately higher today, and while that leaves the average 30yr fixed rate only slightly higher than it was on Tuesday morning (7.09 vs 7.08), it's also the highest rate in almost exactly 4 months. In a break...
Erika Najarian, UBS large cap banks and consumer finance analyst, joins 'Squawk Box' to discuss American Express' quarterly earnings results, strength of consumer spending, and more.
When the median forecast for today's jobs report began circulating, many a market watcher felt that the 113k forecast was too low compared to the 254k previous reading, even after considering the potential disruptions from hurricanes and...
From simply cutting back on the easy things first, right through to thinking about how to protect your pension Raising a child from birth to the age of 18 costs, on average, £166,000 for a couple, and £220,000 for a lone parent in 2023,...
Federal and state financial regulatory agencies issue interagency statement on supervisory practices regarding financial institutions affected by Hurricane Helene
Lending-as-a-service infrastructure provider Finfra has raised USD 2.5 million in funding round, aimed at boosting embedded lending for Insonesian SMEs.
Not only do most states “gain an hour” Sunday, but I have good news for all my readers. I am getting stronger with age. I can now lift $100 worth of groceries with one hand! Speaking of which, time flies and Thanksgiving will be here...
Stanley Tang of Sumitomo Mitsui DS Asset Management discusses the recent policy support coming out of the Chinese authorities and which sector he continues to like.
PRESS RELEASE | OCTOBER 3, 2024 FDIC ISSUES LIST OF BANKS EXAMINED FOR CRA COMPLIANCE WASHINGTON - The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the...
NATIONAL RATES AND RATE CAPS | OCTOBER 21, 2024 Thank you for opting to receive emails alerting you when the FDIC's National Rates and Rate Caps webpage is updated. The National Rates and Rate Caps webpage is generally updated on the...
JPMorgan’s chief executive has told associates of his support for the vice president, and his dislike of Donald Trump. But fearful of blowback, he won’t say it publicly.
SUNSHINE ACT NOTICE | OCTOBER 10, 2024 The FDIC Board of Directors will meet in open session: Time and Date: 10:00 a.m. on Thursday, October 17, 2024. Place: This Board meeting will be open to public observation only by webcast . FDIC...
MEDIA ADVISORY | OCTOBER 8, 2024 FDIC Systemic Resolution Advisory Committee to Meet Next Week On Tuesday, October 15, 2024, at 9:00 am ET , Federal Deposit Insurance Corporation (FDIC) Chairman Martin J. Gruenberg will host a meeting of...
David Yin of Moody's Ratings says that the net interest margins of Chinese banks will continue to decline and that the small regional banks are the weakest part of China's banking system.
Companies are conducting vulnerability assessments, compiling research reports and writing plans for what to do if their diversity efforts come under attack.
PRESS RELEASE | OCTOBER 25, 2024 FDIC Makes Public September Enforcement Actions; No Administrative Hearings Scheduled for November 2024 WASHINGTON - The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of...
BOARD MEETING | OCTOBER 17, 2024 ( Updated the link in the Read More button) FDIC BOARD OF DIRECTORS MEETING Today the Federal Deposit Insurance Corporation’s Board of Directors met. Materials and information relative to the Board...
Will Jobs Data Finally Get Bond Market's Attention? It's been a weird week so far with a crazy combination of significant intraday volatility and an absence of any major movement in the bigger picture. Case in point, closing levels...
The jobs report that came out at the beginning of October was a big wake up call for interest rates. Up until then, the prevailing belief was that the labor market was progressively softening and perhaps at risk of softening too...
I recently went to my favorite local Mexican restaurant, and there was a sign in the window, “Sorry, we are closed due to short staff.” Someone had written below it, “Higher taller staff because I want a taco.” Economics and interest...
If it weren't for the surge of volume in Treasuries lining up perfectly with economic report release times, one might wonder if traders even care that much about economic data right now. That would be quite the anomaly considering...
It is our longstanding policy to strictly avoid politics except in cases where the political realm legitimately intersects with relevant events for rates. Now is clearly one of those times. The discussion that follows contains no opinion...
Why Bonds Tanked Despite Super Low NFP Nonfarm Payrolls (NFP) came in at 12k versus a median forecast of 113k, and a previous reading of 254k. If those were the only facts you knew, on almost any other jobs report day in the...