Reshaping commercial banking
HSBC has an enviable commercial banking footprint. The banking group operates in more than 50 markets, with over 1.3 million customers ranging from small and...
Author : Nelli Avetisyan
Fed to Hike Big Again and Open Door to Downshift: Decision Guide – Bloomberg
The Federal Reserve looks set to deliver a fourth straight super-sized rate increase with Chair Jerome Powell repeating his resolute message on inflation and opening...
Don’t worry, you can still get a great return on these inflation-protected bonds – CNN
There are few places to keep your cash these days that can protect your money from inflation. And while you might have missed an opportunity...
What went wrong with Snap, Netflix and Uber? – The Economist
When evan spiegel, boss of Snap, wrote in a leaked memo that the social-media company had been “punched in the face hard by 2022’s new...
Bank of England Sold Bonds Outright Today to Speed up QT, Will Sell More at Regular Auctions: First Major Central Bank to Sell Bonds Outright – Wolf Street
The Bank of England today, as part of its quantitative tightening (QT), sold £750 million in UK government bonds (gilts) at auction. These bonds were...
Cyber-attacks on small firms: The US economy’s ‘Achilles heel’? – BBC News
When Elana Graham started selling cyber-security software to small companies five years ago, business was relatively slow. Now demand is booming, driven by a rapid...
Banks prepare to hold $12.7bn Twitter debt on books until early 2023 – The Financial Times
Banks that lent $12.7bn to Elon Musk for his $44bn Twitter takeover are preparing to hold the debt until early next year as they wait...
How will we remember the age of cheap money?
After the end of every era, a handful of images tend to linger in the mind. For me, the period of financial exuberance that came...
Lagarde Says ECB’s Rate Peak Must Ensure Inflation Returns to 2% – Bloomberg
European Central Bank President Christine Lagarde said the peak of the current cycle of interest-rate increases must ensure that inflation returns to the 2% target...
Higher Interest Rates Fuel Losses at the Federal Reserve – WSJ
The Federal Reserve’s aggressive interest-rate rises to fight inflation are leading the central bank to do something it has never consistently done before: lose money....