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Finance
A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of…
2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has…
ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says –…
The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from…
Analysts Warn of More Bank Failures, Possible Recession and Global Repercussions Caused by…
The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns…
Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say – Finance…
Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may…
China Ramped Up Gold Production During Q1 Amidst Steady Demand From Central Banks –…
Gold companies operating in China ramped up their production levels during the first quarter of 2023.…
BRICS to Promote National Currencies Before Issuing Common One – Finance Bitcoin News
The BRICS bloc is now focused on expanding the use of the currencies of its members, according to the…
No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again – Finance Bitcoin…
Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5%…
Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts – Finance…
A growing number of banking institutions in Russia are offering customers the option to save in Chinese…
‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says – Finance Bitcoin News
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the…
BRICS Currencies to Have No Alternative, Former Russian President Medvedev Says – Finance…
Fiat currencies of BRICS member states will have no alternative in the future, according to former…