The People’s Bank of China (PBC) conducted seven-day reverse repos worth two billion yuan ($281.77 million) at …
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financial system
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BanksFeatureFinancial InstitutionsInternational NewsMoneyNews
SWIFT to unveil CBDC platform within 2 years
by Aya El Sayedby Aya El SayedSWIFT, the global bank messaging network, is set to launch a platform within 1-2 years to integrate …
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Banks
China central bank told by President Xi to play bigger role in managing financial risk
by Yomna Yasserby Yomna YasserChina’s central bank will take on a bigger role in macro-prudential management and in averting systemic risk …
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Banks
China central bank told by Xi to play bigger role in managing financial risk
by Yomna Yasserby Yomna YasserChina’s central bank will take on a bigger role in macro-prudential management and in averting systemic risk …
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International News
Australia to hold new inquiry into ‘Big Four’ banks
by Yomna Yasserby Yomna YasserAustralia will hold an inquiry into competition in the country’s financial system, following a series of scandals …
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Banks
Fed’s Fischer: Trump’s changes to bank reforms can be very dangerous
by Yomna Yasserby Yomna YasserU.S. Fed Vice Chairman Stanley Fischer believes changes that President Donald Trump is exploring on bank regulations …
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North Korea has nothing to fear from any U.S. move to broaden sanctions aimed at cutting it …
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Central bank of China has made a subtle change to the way it supplies the financial system …