13 hours ago
Federal Reserve Hints At Bigger Rate Hikes Ahead, Outlines Plan To Shrink Balance Sheet
Stocks fell on the prospect of larger rate hikes and the Fed’s intent to reduce its holdings by $95 billion a month.
MoneyBanking & Insurance
Banking & Insurance
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Banks’ Exposures To Russia Are Much More Transparent Than Those Of Non-Banks
It is 2022, and we still have significant opacity in the global financial system. If it were just rich investors losing money, the vast amount of the global population would hardly lose sleep. However, when financial institutions lose money, they invariably impact unsuspecting citizens.
More from Banking & Insurance
14 hours ago
More Fed Officials Are Sounding The Alarm On Inflation And Spooking Markets
Investors are bracing for more uncertainty as Fed officials pledge to aggressively raise rates to combat inflation.
Apr 5, 2022
China Covid Lockdowns Likely To Be Followed By Policy Easing In 2nd Half — Matthews Asia’s Andy Rothman
"We should see a strong recovery in the second half of the year"
Apr 5, 2022
Major Bank Is First To Forecast A Recession—More Could Follow
Some experts are warning that the economy will take a “major hit” next year as the Fed struggles to combat inflation.
Apr 5, 2022
U.S. Adds Pressure On Russia By Blocking Bond Payments, Increasing Risk Of Default
The latest move is meant to drain Russia’s dollar reserves and bring it closer to a potential default.
Apr 4, 2022
Wall Street Banks Could Lose Billions In Russia—Here’s How Much Exposure They Have
Banks could lose billions as they scale back business in Russia—but exposure was minimal to begin with.
Apr 4, 2022
Jamie Dimon’s Annual Letter To JPMorgan Chase Shareholders Talks Technology
JPMorgan Chase CEO Jamie Dimon's letter to stockholders in the bank’s 2021 annual report provides insights into where the bank's $12 billion technology investment is going—and what it expects to get back from it.
Apr 4, 2022
Russia’s War In Ukraine Has Created ‘Potentially Explosive’ Economic Situation, Warns JPMorgan’s Dimon
“The war in Ukraine and the sanctions on Russia, at a minimum, will slow the global economy — and it could easily get worse,” Dimon said.
Mar 31, 2022
Breaking The Banking Mold
Today, as I look at the banking industry and the way business models are shifting, I see that our blueprint and infrastructure – has to evolve with it.
Mar 29, 2022
U.S. Business Enthusiasm About China Market Undimmed By Ukraine War – At Least So Far
Geopolitics, meanwhile, is holding up a lot of Chinese investment in the U.S., U.S.-China Business Council’s president says
Mar 25, 2022
Cannabis Stocks Are Surging Ahead Of House Vote On Marijuana Legalization Next Week
Sundial and Tilray are up about 50% this week but the gains may just be temporary.
Mar 25, 2022
Biden Says U.S. Must Lead New World Order: What America Needs If He’s Serious
President Biden talks of a new world order emerging. If he’s serious, he'll need a strong dollar.
Mar 24, 2022
Wall Street Firms Are Slashing S&P 500 Price Targets—Here’s What They Predict For Markets
Stock market forecasts for this year are growing steadily gloomier.
Mar 24, 2022
SEC Wants Corporations To Calculate Climate Impact Of Companies They Do Business With
Opponents cite overreach, but supporters say it’s the only way to make sure corporations don’t pass along their dirty work to contractors.
Mar 24, 2022
BlackRock CEO Larry Fink Says Russia-Ukraine War Is Upending World Order And Will End Globalization
Some of Wall Street’s biggest investors warn that there could be a permanent shift in the world order.
Mar 23, 2022
Dow Falls 400 Points As Supply Disruptions Send Oil Prices Surging Higher
Markets are facing a “harsh reality” as geopolitical risks add to inflation fears.
Mar 23, 2022
Analysts Say These Stocks Can Rally 30% Or More As Investors Navigate A ‘Perfect Storm Of Headwinds’
Stocks with strong earnings growth are still good bets, even in a down market, Citi analysts say.