Germany’s economy entered recession in Q1 – Industry roundup: 25 May
by Graham Buck
Two banks breached UK competition rules; South Africa hikes rates for 10th time ; Citi drops Banamex sale plans; AIIB plans emergency funding
Risk is the potential that a chosen action, including the choice of inaction, will lead to a loss or an undesirable outcome. Any business carries some risk, but some are much more risky than others.…
Read moreby Graham Buck
Two banks breached UK competition rules; South Africa hikes rates for 10th time ; Citi drops Banamex sale plans; AIIB plans emergency funding
by Graham Buck
Bank of Israel hikes rates again; Book claims state-sponsored Libor rigging in 2008; US companies rush to borrow; Study identifies ESG pay boost in US
by Graham Buck
China opens new Swap Connect prog; Singapore's new anti- crime platform; Thailand's economy buoyant in Q1; Amex closing non-US business FX ops
by Graham Buck
HK overnight funding rates soar; Crypto exchange Bittrex files for bankruptcy; Bank opinion divided on ESG; Visa CBDC project aids Brazil’s farmers
by Graham Buck
Malaysia-Indonesia payments link; Europe banks on bigger gas price drop; Apple returns to bond market; Free trade benefits for Africa outlined
by Graham Buck
US retailers welcome FedNow; Covid creates need for extra training; Fed hints at easing rate hikes; SocGen warns of credit crunch fallout
by Graham Buck
UK chip designer Arm opts for US listing; Deutsche Bank buys Numis for £410m; HSBC plans US$2bn share buyback; Latin America growth surprise
by Graham Buck
China, Singapore unite on sustainable finance; Chile to nationalise lithium reserves; Meloni upbeat on MPS sale; Zimbabwe's digital currency plans
by Graham Buck
ChatGPT "can decipher Fed speak"; Greek economy wins seal of approval; Red flag reappears in corporate bonds; Tanzania in rare earth development deal
by Graham Buck
Bank support shrinks for North Sea firms; UK's CFOs more upbeat; Brazil's BNDES signs deal with China; BIS head warns on financial stability
by Pushpendra Mehta , Executive Writer, CTMfile
A record-breaking rise in cryptojacking and IoT malware attacks should serve as a wake-up call for treasury, finance and security executives.
by Graham Buck
Canada keeps rates on hold; Renminbi share of trade finance grows; Mastercard adds Cross-Border Services Express; Tranglo expands into Europe
by Graham Buck
Emerging economies face debt crunch; Covid "decimated EM forex reserves"; Indonesia plans free trade deal with US; Tunisia is latest BRICS contender
by Graham Buck
EU Chips Act set to get go-ahead; UAE's digital currency moves forward; Alibaba restructure divides opinion; Mastercard demands greener plastic
by Graham Buck
Cineworld emerges from Chapter 11; Squeeze tightens on MTS Bank; Credit Agricole expands in China; Tranglo adds instant SEPA payout to Europe
by Graham Buck
UK toughens LDI funds policy; Credit Suisse merger benefits rival; "Terrible risk management" caused SVB demise: China settles first LNG trade in yuan
by Graham Buck
Bank turmoil "could upset LIBOR transition"; Wind sector faces supply chain crunch; APAC corporates look closer to home; Macau launches MCEX platform
by Pushpendra Mehta , Executive Writer, CTMfile
Following the recent bank collapses, re-evaluating risk and viability of current funding sources rank among top actions for finance chiefs.
by Graham Buck
Commodities finance "resistant to turmoil"; IMF support package for Ukraine; Digital currency firms go Swiss; Nigeria cash shortage boosts eNaira
by Graham Buck
ISO 20022 coexistence underway; Russian court freezes VW's assets; South Africa launches rapid payments prog; Mongolia debuts first green bond
by Pushpendra Mehta , Executive Writer, CTMfile
The banking turmoil has sparked contagion concerns and may force the Fed to halt rate hikes and regulators to strengthen regulation.
by Graham Buck
Bank of America gain from SVB failure; India "uses SWIFT for Russia dollar trade"; US regulators differ on stablecoin; Binance ends sterling transfers
by Graham Buck
Power outages pressure SA banks; Three emerging new financial hubs; Argentina's debt swap; Viterrra gets sustainability-linked funds
by Graham Buck
EU set to launch green subsidy scheme; Turkey raises US$2.25bn in bond deal; Credit Suisse delays 2022 annual report; More UK manufacturers re-shore