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2 mins read
World Bank approves $723 million for Ukraine amid Russian invasion
The World Bank announced that it has approved a $723 million financial package for Ukraine as the c…
5 mins read
IMF: Chinese banks are disguising bad debt just like US banks did before the '08 financial crisis
And the China Banking Regulatory Commission recently changed the rules to limit banks' ability to c…
Jim Edwards
1 min read
RBI measures to expand bank credit, boost liquidity: Niti Aayog
The RBI on Friday further eased bad-loan rules, froze dividend payment by lenders and pushed banks …
PTI
3 mins read
PM, FM, industry welcome RBI 'bazooka' of interest rate cut, liquidity measures
The large rate cut, the adjustment in capital conservation buffer, the moratorium on repayments and…
PTI
2 mins read
The UK has greenlit a $300 million rescue package to stop thousands of startups collapsing during COVID-19
The UK will help bail out startups who may not survive the COVID-19 crunch.
Shona Ghosh
1 min read
How Wall Street Tries To Convince Young Techies It's Cool To Work There
For example, Goldman has to explain at college recruiting events that its engineers don't just work…
Eugene Kim
3 mins read
Package for financial sector to ease asset risks, but won't fully offset COVID-19 blow: Moody's
"While these measures will help ease asset risks for the financial sector, they will not fully off…
PTI
1 min read
China's biggest banks are finally getting scared by the West's sanctions against Russia
Chinese banks are tightening compliance checks with Russian businesses as they fear getting caught …
Huileng Tan
1 min read
A 3-Step Solution For Fixing Cyprus That's Far More Elegant Than The Current Plan
2. Holders of deposits in excess of the insured €100,000 minimum would receive, at par, interest-be…
3 mins read
A throwaway comment from Goldman Sachs' CFO shows how automation is changing Wall Street
At Goldman, where the firm's money-minting trading business continues to search for an answer to a …
Dakin Campbell
2 mins read
The Indian government now wants its central bank's help in reviving the real estate sector
As a proxy for general business and consumer confidence, a slump in the commercial real es…
1 min read
Chinese stocks could rally 15% as more stimulus spurs a GDP growth spurt next year, SocGen says
Fiscal stimulus in China could help boost the world's second-largest economy to 5% GDP growth next …
Jennifer Sor
3 mins read
How Mario Draghi Brought Out The Big Guns In Europe
Draghi added that ultimately the decision to lower rates for households is the decision of banks, n…
Mamta Badkar
1 min read
RBI announcements to help infuse liquidity, facilitate bank credit flow: Exporters
Trade Promotion Council of India (TPCI) Chairman Mohit Singla said that steps announced by RBI, li…
PTI
2 mins read
The WeWork fiasco might cost SoftBank a $2.8 billion loan from Japan's biggest banks
Because of the performance of both WeWork and to a lesser extent Uber, investors at the banks are g…
Yusuf Khan
2 mins read
KRUGMAN: 'I would vote no'
Writing on his blog for The New York Times, Krugman explains that he would vote no because: one, be…
Myles Udland
2 mins read
New WeWork co-chiefs would reportedly each receive an $8.3-million golden parachute if they were fired or choose to leave
Documents reviewed by the Financial Times and sources familiar with the matter also said the compan…