American Banker4m
LA wildfires put climate, risk management in focus for banks
The recent Los Angeles wildfires are only the latest reminder that banks need to steel themselves against climate change both ...
Dollar advances after White House reiterates Trump tariff threats
The U.S. dollar advanced against major currencies on Friday, while the Canadian dollar weakened and the Mexican peso edged ...
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
The Financial Express23m
Despite lows, rupee’s depreciation remains modest
In the first nine months of FY25, the rupee depreciated 2.9%, performing better than the Canadian dollar, South Korean won, and Brazilian real, which depreciated by 5.4%, 8.2%, and 17.4%, respectively ...
American Banker34m
Fed's Bowman warns against policies that lead to debanking
In a Friday speech, Federal Reserve Board member Michelle Bowman said regulation and supervision should be aimed at expanding banking access, not limiting it.
All three countries are promising to retaliate with tariffs on U.S. exports.
The White House press secretary said the president would move forward with levies on America’s largest trading partners on Saturday.
US charges former Fed official with spying for China
US prosecutors announced Friday that they had charged a former Federal Reserve advisor with economic espionage on behalf of China, accusing him of trying to steal trade secrets.
Former Federal Reserve adviser arrested for passing trade secrets to China, Justice Department says
A former senior advisor to the Federal Reserve, John Harold Rogers, was arrested on charges he conspired to steal Fed trade ...
Morgan Stanley's top stock strategist says the market is in a 'sweet spot' when it comes to interest rates
The Fed made the right call in hitting pause this week. "I'm not sure that pausing is really all the bad for stocks in the ...