BankingNo time for complacency, warn European regulators – POLITICOMarch 23, 202361PARIS — Europe may have dodged the worst of the banking crisis but regulators at the POLITICO Finance Summit warned...
BankingBoE lifts rates after inflation comeback – POLITICOMarch 23, 202394Press play to listen to this article Voiced by artificial intelligence. The Bank of England raised interest rates by a...
Banking10 days that shook the financial world – POLITICOMarch 22, 202356Press play to listen to this article Voiced by artificial intelligence. Izabella Kaminska is senior finance editor at POLITICO Europe....
MortgagesFed likely to raise rates by a quarter point but it must also reassure markets on banking systemMarch 21, 202353The Federal Reserve is expected to increase interest rates by a quarter point Wednesday, even with concerns about stress in...
MortgagesFederal Reserve expected to hike rates again. What that means for youMarch 20, 2023115Recent bank failures have caused a crisis of confidence in the financial sector, but Americans are still grappling with stubborn...
BankingUBS buys Credit Suisse in rush deal – POLITICOMarch 19, 202379FRANKFURT — Swiss banking giant UBS will buy the country’s second-largest bank Credit Suisse in a deal that will come...
BankingU.S. lawmakers to examine merits of higher FDIC bank deposit insurance capMarch 19, 202356The Federal Deposit Insurance Corp. (FDIC) headquarters in Washington, DC, US, on Monday, March 13, 2023.Al Drago | Bloomberg |...
Stock MarketWhat’s next for stock market as Fed weighs bank chaos vs. inflation fightMarch 19, 202385Markets may be in a vulnerable position ahead of the Federal Reserve’s meeting this week, as traders bet the banking...
FundsUS credit crunch raises risk of Fed slamming brakes too hardMarch 19, 202354A banking crisis in a matter of days has emerged as a powerful new constraint on a red-hot economy that...
CurrenciesCrunch time for Credit Suisse talks as UBS seeks Swiss assurancesMarch 19, 202355Talks over rescuing Credit Suisse rolled into Sunday as UBS sought $6 billion from the Swiss government to cover costs.UBS is under...