Latest News for: Banking policy

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Banks Aren’t Chasing Regulatory Shortcuts — They’re Speaking Out Against Them (Bank Policy Institute)

Public Technologies 17 Jan 2025
The article "Banks Are Racking Up Wins ... Bank Policy Institute published this content on January 17, 2025, and is solely responsible for the information contained herein.
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Bank of Canada could have been clearer about pandemic measures: review

Moosejaw Today 17 Jan 2025
Derek Holt, head of capital markets economics at Scotiabank, said the central bank's assurance that the bar for using these exceptional monetary policy tools should remain very high was a consistent one.
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Federal Reserve withdraws from global regulatory climate change group

CyprusMail 17 Jan 2025
The NGFS, formed in 2017, is charged with helping central banks and bank supervisors with integrating risks stemming from climate change into their work steering monetary policy and policing the financial system.
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How Banks Are Weaponising Financial Power to Undermine Democracy

Independent online (SA) 17 Jan 2025
Without banking services, the party cannot pay staff, run campaigns, or even accept donations ... Banks have long been accused of operating as extensions of elite interests, using their influence to shape policies and protect their own bottom line.
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Low global growth worries WB

The Manila Times 17 Jan 2025
"Risks to the EAP outlook remain tilted to the downside and centered on adverse global policy shifts, especially trade policies, and weaker-than-expected growth in China, with spillovers to other countries in the region," the World Bank said.
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Russia's Sberbank reports record profits for 2024

RTE 17 Jan 2025
The central bank's tight monetary policy, while helping banks in terms of the interest level they can charge, has led to a slowdown in lending.
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Qatar banks' asset quality to get boost amidst low rate regime: S&P

Gulf-Times 17 Jan 2025
Margins in Qatar’s banking industry are expected to decline 'modestly' in view of (an expected) lower rate regime, even as asset quality would get boost, according to Standard and Poor's (S&P), a ...
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Treasury Secretary Scott Bessent Opposes U.S. Central Bank Digital Currency

Bitcoin World 17 Jan 2025
Central Bank Digital Currency ... Central Bank Digital Currency (CBDC) ... Bank Disintermediation ... CBDC could undermine the traditional banking system by encouraging users to move funds directly to the Federal Reserve, potentially destabilizing banks.
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Wall Street CEOs Are Eagerly Awaiting Trump’s Pro-Business Policies

New York Observer 17 Jan 2025
He added that the incoming administration has “signaled a more business-friendly approach to policies and regulation, which should benefit the economy and our clients.” Brian Moynihan, CEO of Bank of America.
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FDIC sues 17 former Silicon Valley Bank executives over collapse

CNN 17 Jan 2025
... said the defendants ignored fundamental standards of prudent banking and the bank’s own risk policies in letting the bank take on excessive risks to boost short-term profit and its stock price.
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US President-elect Donald Trump To Make Cryptocurrency a National Priority; Report

CoinGape 17 Jan 2025
The Bitcoin Policy Institute has proposed that $21 billion be invested to make Bitcoin a strategic reserve asset ... Review of Banking and Accounting Policies ... banks’ crypto assets as their liabilities.
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US Fed withdraws from global climate change initiative

The Philadelphia Inquirer 17 Jan 2025
The Fed entered the Network of Central Banks and Supervisors for Greening the Financial System, or NGFS, in December 2020, praising ...
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Looking to surrender insurance policies, retired Colonel ends up losing ₹4 lakh in Panchkula

Hindustan Times 17 Jan 2025
The complainant added that the caller also promised to help in transferring the entire amount and the interest accumulated under the policies. For this, Dahiya said, he demanded ₹2 lakh per policy to be transferred in his bank account.
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Andrew Bailey warns Rachel Reeves against axing rules in rush for growth

The Daily Telegraph 17 Jan 2025
The Governor of the Bank of England said it was critical that rules introduced after the financial crisis were not abandoned, and called for regulators around the world to increase their vigilance against potential new risks.
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World Bank projects India’s growth to be 6.7 pc in next two fiscal years

Madhyamam 17 Jan 2025
... report said.The World Bank projections for India’s GDP growth hew closely to the United Nations projections released last week -- 6.6 per cent for this calendar year and 6.8 per cent for next year.

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