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One Bank"s Striking Admission: The Fringe Is Now In Charge Because Of Central Banks

Whereas several years ago, forecasting that central banks would unleash wars, bloodshed and social conflict was considered so preposterous, it was relegated to the domain of fringe, tinfoil hat blogs, it has gradually been .....»»

Category: blogSource: zerohedgeJul 9th, 2018

Brainard says Fed should impose capital buffers on banks, says interest-rate path "appropriate"

Federal Reserve Gov. Lael Brainard on Friday suggested it may be time for the central bank to impose countercyclical counter buffer on banks, a step her colleagues on the board hav.....»»

Category: topSource: marketwatchDec 7th, 2018

The Assassination Of Bitcoin

Authored by Dan Denning via Bonner & Partners, As Bill reported last week, central banks are toying with the idea of launching a bank-backed cryptocurrency. Dan believes that outcome is all but .....»»

Category: blogSource: zerohedgeNov 23rd, 2018

CryptoWatch: A central bank digital currency could be around the corner, if you believe the IMF

The head of the International Monetary Fund says Tuesday it’s time for global central banks to explore a state-backed digital currency......»»

Category: topSource: marketwatchNov 13th, 2018

Why Nigeria’s Banks Are Spurning Sort-of-Free Money

Nigerian banks, facing challenges on many fronts, are proving reluctant to take advantage of new rules aimed at boosting loans to the country’s agriculture and manufacturing industries. The measures introduced by Nigeria’s central bank in Augus.....»»

Category: topSource: washpostNov 13th, 2018

SWIFT Cuts Off Iran Central Bank As Tehran Sells 700,000 Barrels To Anonymous Direct Buyers

As reported last week, shortly after SWIFT caved to US pressure and defied the EU announcing it would cut off a selection of Iranian banks, on Monday, the US Treasu.....»»

Category: blogSource: zerohedgeNov 12th, 2018

Hawaii banks ranked by third quarter net income growth (Photos)

Hawaii’s top five banks all reported increases in net income for the quarter ending Sep. 30. Territorial Savings Bank, Central Pacific Bank and American Savings Bank each saw growth across the board, with each reporting increases in net income,.....»»

Category: topSource: bizjournalsNov 2nd, 2018

EU stress tests show banks more robust against a crisis

The European Central Bank says a continent-wide stress test shows banks are more resilient against financial panics than they were in the last set of tests two years ago......»»

Category: topSource: foxnewsNov 2nd, 2018

The Fed: Why a former New York Fed examiner wants the central bank to get out of the job of regulating banks

Carmen Segarra, the former Fed bank examiner who provided a look at the cozy relationship between banks and their supervisors, now wants the central bank to get out of the business of regulating banks......»»

Category: topSource: marketwatchNov 1st, 2018

ECB"s Draghi defends his independence amid attacks from Italy

Central banks must remain independent from governments if they are to control inflation, the head of the European Central Bank said on Friday, as he was being attacked by the Italian government over his remarks on the country's situation......»»

Category: topSource: reutersOct 26th, 2018

Saudi Arabia will not penalize banks that boycotted conference: central bank chief

Saudi Arabia's central bank governor said the kingdom will not penalize foreign banks that boycotted an investment conference in Riyadh and reiterated the country's commitment to defend its currency peg to the dollar......»»

Category: topSource: reutersOct 24th, 2018

Fed downplays policy headaches from drop in bank reserves

The Federal Reserve downplayed any disruption to its policy tools from a drop last month in the so-called excess reserves that flow among banks, according to minutes published Wednesday of the U.S. central bank's Sept. 25-26 meeting......»»

Category: topSource: reutersOct 17th, 2018

Startup Bringing Blockchain Privacy to Central Banks Wins $15 Million Funding

Blockchain startup Adhara, which aims to bring zero knowledge proofs to central bank systems, has secured $15 million in new funding from Consensys......»»

Category: forexSource: coindeskOct 15th, 2018

"What"s Going to Be on Twitter the Next Day": Central Banks Close Ranks

The Federal Reserve stressed the need for it to normalize monetary policy gradually and transparently, as its global counterparts warned against threats to central bank independence following President Trump’s criticisms of the Fed......»»

Category: smallbizSource: wsjOct 13th, 2018

Nigeria"s central bank head to meet MTN and banks over $8.1 billion repatriation row -sources

Nigeria's central bank governor is to meet representatives of telecommunications company MTN and banks on Tuesday to discuss a dispute over the repatriation of $8.1 billion, two sources with direct knowledge of the matter said......»»

Category: topSource: reutersOct 9th, 2018

Nigeria"s central bank head to meet MTN and banks over $8.1 billion repatriation row: sources

Nigeria's central bank governor is to meet representatives of telecommunications company MTN and banks on Tuesday to discuss a dispute over the repatriation of $8.1 billion, two sources with direct knowledge of the matter said......»»

Category: topSource: reutersOct 9th, 2018

China Seeks to Stimulate Economy

China’s central bank announced Sunday it would reduce the reserve requirement ratio (RRR) for most banks by one percentage point, the fourth time t.....»»

Category: topSource: livetradingnewsOct 8th, 2018

As U.S. Tariffs Bite, China Moves Again to Spur Its Economy

China’s central bank is freeing up nearly $175 billion to get commercial banks to boost their lending and pay off short-term borrowings, the latest effort by Beijing to lift growth in a slowing economy as its trade fight with the U.S. escalates......»»

Category: topSource: wsjOct 7th, 2018

The Wall Street Journal: China’s central bank frees up nearly $175 billion to jump-start economy

China’s central bank is freeing up nearly $175 billion to get commercial banks to boost their lending and pay off short-term borrowings, the latest effort by Beijing to lift growth in a slowing economy as its trade fight with the U.S. escalates......»»

Category: topSource: marketwatchOct 7th, 2018

China Cuts Reserve Ratio, Releases 1.2 Trillion Yuan Amid Rising Trade War, Record Defaults

China's central bank announced it would cut the Required Reserve Ratio (RRR) for most banks by 1.0% effective October.....»»

Category: blogSource: zerohedgeOct 7th, 2018

PBOC Cuts Reserve Ratio for Some Banks

China’s central bank cut the amount of cash lenders must hold as reserves for the fourth time this year, as policy makers seek to shore up the economy amid a worsening trade war......»»

Category: topSource: moneycentralOct 7th, 2018