Advertisements


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

In Striking Twist, A War Of Words Erupts Between China"s Central Bank And Ministry of Finance

Forget the trade war: in China the fingerpointing over who is responsible for China's economic mess has begun. I.....»»

Category: blogSource: zerohedge7 min. ago

Chase Bank to branch out with more Central Florida locations

The expansion comes at a time when many banks are rethinking or removing their brick-and-mortar locations as technology continues to disrupt the banking industry......»»

Category: topSource: bizjournalsJul 13th, 2018

Vietnam Central Bank Confirms It Stands Ready To Maintain Firm Dong

Time and time again, the central banks of the Emerging Markets proclaim their intent to "preserve stability" or promise to "intervene aggressively" to scare speculators away from their plunging currencies and.....»»

Category: blogSource: zerohedgeJul 2nd, 2018

Analysts react to PBoC cutting banks' reserve requirement - Financial Times

Analysts react to PBoC cutting banks' reserve requirementFinancial TimesChina's central bank has m.....»»

Category: topSource: googlenewsJul 2nd, 2018

Latvian Prosecutors Charge Top ECB Official With Taking Bribes

Latvian prosecutors said on Friday they had charged the Baltic nation’s central-bank governor with taking bribes of half a million euros, escalating an investigation that has deprived the European Central Bank of one of its top officials......»»

Category: asiaSource: wsjJun 30th, 2018

China to unleash 700 billion yuan in reserves cut for some banks

China’s central bank will cut the amount of cash some lenders must hold as reserves, unlocking about 700 billion yuan ($108 billion) of liquidity, as it seeks to control leverage and support smaller companies......»»

Category: topSource: moneycentralJun 24th, 2018

China Cuts Reserve Ratio, Unlocks 700BN Yuan Amid Rising Trade War, Mass Defaults And Margin Calls

As widely expected, China's central bank announced it would cut the Required Reserve Ratio (RRR) for some banks by 0.5% effective July 5, just over two months after the PBOC did a similar cut on April 17, the first such easing since the s.....»»

Category: blogSource: zerohedgeJun 24th, 2018

The Fed: Fed says all banks met minimum capital requirements after stress tests

All of the banks tested by the Federal Reserve met the regulatory minimums for capital after being tested for the impact of a severe recession, the central bank announced Thursday......»»

Category: topSource: marketwatchJun 22nd, 2018

Central bank chiefs of 4 major nations raise trade concerns

The leaders of the central banks of four of the world's major economies expressed alarm that multiple trade conflicts could slow global growth. .....»»

Category: topSource: moneycentralJun 20th, 2018

Central Bank Leaders Warn Trade Conflicts Could Damage Global Economy

Leaders of the world’s top central banks warned that escalating trade conflicts could ricochet through financial markets and hurt the world economy, potentially prolonging the era of ultralow interest rates......»»

Category: smallbizSource: wsjJun 20th, 2018

Brazil Central Banker Makes Striking Admission: FX Interventions Are "Unsustainable"

In the aftermath of the May 2013 Taper Tantrum, when the sudden spike in US interest rates and the rapid rise in t.....»»

Category: blogSource: zerohedgeJun 18th, 2018

Brazil Central Banker Makes Striking Admission: Warns FX Interventions Are "Unsustainable"

In the aftermath of the May 2013 Taper Tantrum, when the sudden spike in US interest rates and the rapid rise in the dollar prompted many Emerging Market nations to scramble to avoid a panic capital outflow .....»»

Category: blogSource: zerohedgeJun 18th, 2018

Central banks are too powerful for their own good, says former Bank of England deputy governor

Former Bank of England Deputy Gov. Paul Tucker says central banks risk a dangerous backlash if they’re not reined in. He talks about his new book in an interview with MarketWatch......»»

Category: topSource: marketwatchJun 18th, 2018

Central banks are too powerful, but there’s a way to rein them in, says former policy maker

Former Bank of England Deputy Gov. Paul Tucker says central banks risk a dangerous backlash if they’re not reined in......»»

Category: topSource: marketwatchJun 15th, 2018

Market Extra: Here’s why trade-war fears trump the Bank of Japan when it comes to the yen

Trade war fears allow the haven Japanese yen to defend modest gains against the dollar, even as the Bank of Japan cements its place as the most dovish of the world’s major central banks......»»

Category: topSource: marketwatchJun 15th, 2018

Unelected central bankers are too mighty for everyone’s good, says former policy maker

Former Bank of England Deputy Gov. Paul Tucker says central banks risk a dangerous backlash if they’re not reined in......»»

Category: topSource: marketwatchJun 15th, 2018

Central bank withdrawal means tighter times ahead for borrowers

With the world's two largest central banks now pulling back the economic props used to battle multiple crises, a so-far sturdy global recovery faces a new challenge as rising interest rates begin to take hold......»»

Category: topSource: moneycentralJun 14th, 2018

Central bank withdrawal means tighter times ahead for borrowers

WASHINGTON (Reuters) - With the world's two largest central banks now pulling back the economic props used to battle multiple crises, a so-far sturdy global recovery faces a new challenge as rising interest rates begin to take hold......»»

Category: topSource: reutersJun 14th, 2018

Need to Know: How the ‘big kahuna’ of central banks may bring reality crashing down on stocks

It has been a major week for central bank action, and it is still not over. Our call of the day explains why the European Central Bank’s actions today — if any — may have big ramifications for U.S. investors down the road......»»

Category: topSource: marketwatchJun 14th, 2018

The Fed: Powell says Fed won’t let banks take marijuana money until federal guidance comes

Federal Reserve Chairman Jerome Powell on Wednesday had bad news for companies in Colorado, Washington and other states in the marijuana business — the central bank is not about to let banks take money from them......»»

Category: topSource: marketwatchJun 13th, 2018