How the banking crisis is affecting banks' digital plans

Federal Reserve expands outreach to Instagram and Threads

In a move to enhance transparency and comprehension of its activities amid economic challenges, the Federal Reserve has expanded its outreach to social media...

#education #president #inflation

2023-10-03 23:08:59 • 1 min

ECB's De Guindos and Lane discuss rate cuts and inflation, as U.S. policymakers propose hikes

In a series of recent financial discussions, European Central Bank (ECB) Vice President Luis de Guindos and Chief Economist Philip Lane, along with U.S....

#deguindos #president #development

2023-10-03 08:58:54 • 1 min

Bank of Canada's new deputy governor signals concern over pricing behavior

Nicolas Vincent, in his inaugural speech as Deputy Governor of the Bank of Canada, voiced concerns about the nation's evolving pricing behavior in the face...

#development #pricingpractices #recentcall

2023-10-03 13:19:06 • 1 min

U.S. finance leaders adopt defensive shift as low-cost capital era ends

U.S. finance leaders are signaling a defensive shift towards more prudent capital-allocation decisions as the era of low-cost capital comes to an end,...

#financeleaders #tech #talentshortages

2023-10-02 10:43:55 • 1 min

Bank of America strategists see return to normalcy amid interest rate hikes

A team of strategists at Bank of America have shed light on the current trend of rising interest rates, tracing their history back over 5,000 years in a...

#analysis #inflation #currency

2023-10-03 16:13:39 • 1 min

Bank of America Report Reveals Workers Financial Stress as Living Costs Surpass Income

A recent report by Bank of America has emphasized the financial strain faced by American workers, with two-thirds grappling with living costs that exceed...

#income #investment #healthcare

2023-10-03 20:50:10 • 1 min

Claudia Buch set to become EU's chief banking supervisor as Parliament votes in favor

The European Parliament on Tuesday voted in favor of Claudia Buch, Germanys candidate for the role of the European Union's (EU) chief banking supervisor. The...

#finance #claudia #rebuildingefforts

2023-10-03 15:19:32 • 1 min

JPMorgan exec says 'Wall Street 2.0' will be better for women

JPMorgan Chase CEO of Asset and Wealth Management Mary Callahan Erdoes said technological advancements mean women no longer have to choose to between career...

#wallstreet #ceo #pandemic

American Banker

2023-10-03 21:23:12 • 1 min

Banking on the Future of Fintechs and Related Consultancies

Fueling the optimism in the field is what made these bank-like companies so successful in the first place: Innovations that are coming online. |

#innovation #comingonline

Nasdaq

2023-10-02 12:45:00 • 1 min

ALEX BRUMMER: Trump fraud trial does more harm than good to financial justice

The financial world has its eyes firmly focused this week on the trial of alleged crypto fraudster Sam Bankman-Fried and his FTX exchange. The case has...

#fraudtrial #moreharm #crypto

Daily Mail

2023-10-03 21:01:20 • 1 min

Inflation 'feedback loop' warning by Bank of Canada's new deputy governor

Nicolas Vincent, the recently appointed external non-executive deputy governor of the Bank of Canada, issued a warning about an impending inflation 'feedback...

#development #DeputyGovernor #feedbackloop

2023-10-03 17:26:16 • 1 min

Consumer finance group seeks more privacy in digital euro use

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...

#tech #government #policypaper

Channel NewsAsia

2023-10-03 12:02:49 • 1 min

New Data Reveals Challenges for Canadian SMB's, Surge in New Business Originations

A new report by Equifax (NYSE: EFX ) Canada reveals a complex financial landscape for small and medium-sized businesses (SMBs) in the country. The study...

#nyse #cash #smb

2023-10-03 14:00:47 • 1 min

How much personality should a bank give its bot?

Fifth Third named its chatbot "Jeanie," a throwback to a 1970s promotional campaign (left) to make customers more comfortable with the then-new technology of...

#bot #personality #technology

American Banker

2023-10-03 18:34:40 • 1 min

ECB chief economist outlines inflation challenge, targets 2% by Q3 2025

European Central Bank (ECB) Chief Economist Philip Lane, speaking at a conference in Vilnius on Tuesday, detailed the ongoing struggle with inflation, which...

#ongoingstruggle #philiplane #ecb

2023-10-03 07:45:41 • 1 min

Feds Strategy in Managing Inflation Amid Economic Recovery

As the economy marches towards pre-pandemic norms, Jerome H. Powell of the Federal Reserve and Mark Zandi of Moody’s Analytics have provided insights on...

#managinginflation #economy #moody

How Rising Rates Are Impacting Housing ETFs

2023-10-03 14:48:30 • 1 min

Technology

Persistently high mortgage rates and limited housing inventory continue to be major challenges for the housing sector within the economy. According to Redfin...

#economy #ceo #reuters

Nasdaq

2023-10-03 22:38:00 • 1 min

Bowman doubles down on call for outside review of SVB failure

Federal Reserve Gov. Michelle Bowman said Monday that the central bank should empower a third party to conduct its own review of the failure of Silicon...

#gov #bloomberg #svb

American Banker

2023-10-02 16:31:37 • 2 mins

Investment giant chaired by former Bank of England boss Mark Carney snaps up UK windfarm developer

Windfarms: Bank of England governor (pictured) is chairman at Brookfield Asset Management A Canadian investment giant chaired by Mark Carney is buying a...

#investmentgiant #money #markcarney

Daily Mail

2023-10-03 21:00:52 • 1 min

New RBA governor Michele Bullock presides over first meeting amid inflation concerns

The Reserve Bank of Australia (RBA) held its monthly meeting today, Tuesday, with newly appointed governor Michele Bullock at the helm. This marks Bullock's...

#bloomberg #bullock #michele