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Tag: Banking/Credit
3 days ago
wsj.com

Humm Told to Stop Adding New BNPL Customers by Australian Regulator

Australian credit provider said itcomplied with the order and is seeking to engage with the ASIC.

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12 days ago
wsj.com

Zambia Hikes Key Lending Rate to 9.5% After Inflation Spike

African nation is currently in negotiations with donors to restructure its staggering $18 billion foreign currency debt

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25 days ago
wsj.com

European Central Bank Slows Pace of Rate Increases

ECB raises rates by quarter point, a day after Fed nudged rates higher

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27 days ago
wsj.com

Stocks Fall as Fed Day Looms

Investors look ahead to Wednesday’s rate decision from the Federal Reserve

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about 1 month ago
wsj.com

Rakuten Bank’s Explosive Market Debut Is Justified

Shares of Japan’s largest internet bank jump nearly 40% following its IPO

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about 1 month ago
wsj.com

Europe’s Economy Grows Despite Banking Stress

Surveys of purchasing managers point to continued rebound despite signs that banks are feeling strains

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about 2 months ago
wsj.com

After Credit Suisse, Chinese Banks Aren’t a Great Safe Harbor

Chinese banks will likely avoid the troubles of their global peers, but they are cheap for good reason

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2 months ago
wsj.com

Deutsche Bank Selloff Focuses Attention on Credit-Default Swap Market

The cost of insuring the German bank’s debt against default surged last week

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2 months ago
wsj.com

Eurozone Banks Cut Lending Even Before Latest Financial Turmoil

Decline in bank lending could deepen as financial institutions move to retain deposits, strengthening effect of ECB r...

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2 months ago
wsj.com

Banking Strains, Inflation Threaten Global Economic Rebound

A strong services sector is supporting activity around the world, but that strength also fuels inflation

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2 months ago
wsj.com

Swiss Central Bank Lifts Key Rate, Declares End to Bank Crisis

Move follows decisions by the Fed and the ECB to press ahead with rate rises despite bank strains

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2 months ago
wsj.com

Credit Suisse Write-Off Upends European Bank Capital Bonds

Holders of riskier bonds got nothing while shareholders will receive a payout in UBS shares

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2 months ago
wsj.com

ECB Defies Mounting Banking Strains With Half-Point Rate Rise

Decision shows central bank still sees tackling inflation as its priority

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2 months ago
wsj.com

Getting Money Out of SVB Was Hard—For Chinese Customers, It Was Harder

International transfers from the U.S. bank are slowly resuming, but many Chinese tech companies and venture firms are...

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3 months ago
wsj.com

U.S. Bank Collapses Add to Pressure on Global Central Banks

Policy makers who had been raising rates must now factor in risk of financial instability

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3 months ago
wsj.com

SVB Bust Won’t Go Big in Japan—Probably

SVB was tripped up by investments in Treasurys and government-backed debt; Japanese financial institutions have long ...

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5 months ago
wsj.com

World Bank Cuts 2023 Global Growth Projection as Inflation Persists

Price pressures raise the risk of global recession at a time when China and Ukraine inject uncertainty into the world...

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5 months ago
wsj.com

Japan’s Banks Get a Shot in the Arm

A tweak to Japan’s “yield curve control” interest-rate policy has lit a fire under the country’s financial stocks.

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5 months ago
wsj.com

The Bank of Japan Shocked Markets, but Not These Investors

Betting against the Bank of Japan has finally begun to pay off.

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5 months ago
wsj.com

The Bank of Japan Steals Christmas

The central bank’s decision to raise its effective cap on 10-year government bond yields adds an extra dollop of unce...

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5 months ago
wsj.com

Swiss Central Bank Follows Fed With 0.5-Point Rate Rise

The decision kick-starts a busy day for monetary policy in Europe, with the Bank of England and the European Central ...

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6 months ago
wsj.com

Interest-Rate Paths for U.S., Europe Set to Diverge

While the Fed slows its pace of rate increases, European and U.K. central banks will press ahead.

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7 months ago
wsj.com

Why Hong Kong’s Makeover Will Founder

Hong Kong has achieved stability at a steep cost to its economy and freedoms, and the prospects for improvement look ...

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7 months ago
wsj.com

What Saudi Arabia’s Biggest Bank Wants With Credit Suisse

Saudi National Bank intends to bring the Swiss lender deeper into the kingdom’s financial markets after cinching a de...

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7 months ago
wsj.com

Credit Suisse Might Have Hit Rock Bottom

The embattled bank’s recovery plan was bolder than expected, potentially marking a line in the sand for long-sufferin...

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7 months ago
wsj.com

ECB Raises Rates by 0.75 Point to Highest in More Than a Decade

The European Central Bank increased interest rates by three-quarters of a percentage point for the second time in a r...

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7 months ago
wsj.com

Rising Rates Are Banks’ Frenemies

HSBC and UBS are earning more interest income but a tighter monetary policy is also testing their different business ...

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7 months ago
wsj.com

U.K. Inflation Reaches 10.1% as Government U-Turns Cloud Outlook

Consumer prices rose by double digits in the 12 months through September, but where inflation goes next depends on a ...

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7 months ago
wsj.com

U.K. Treasury Chief Jeremy Hunt Looks to Reassure Markets With New Tax Plan

Jeremy Hunt will unveil new public spending and tax policies as he looks to reassure markets that were spooked by Pri...

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8 months ago
wsj.com

What Happens After Bank of England Bond Purchases End on Friday

The backup plan for pensions is a new repo lending facility. Bankers and investors say interest in it could be limited.

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8 months ago
wsj.com

Nobel Prize in Economics Winners Include Former Fed Chair Ben Bernanke

The other two winners were Douglas Diamond and Philip H. Dybvig, whose work helped governments and central bankers na...

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8 months ago
wsj.com

Bank of England Offers Further Support for Pension Funds Amid Crisis

The bank offered to buy long-dated U.K. government bonds in larger amounts and said it would provide continuing suppo...

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8 months ago
wsj.com

U.N. Calls On Fed, Other Central Banks to Halt Interest-Rate Increases

The Fed’s rate increases so far this year would reduce poor countries’ economic output by $360 billion over three yea...

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8 months ago
wsj.com

Credit Suisse Has No Time to Lose

The bank risks getting caught in a doom loop as worries flood into a strategic vacuum while investors wait for a new ...

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8 months ago
wsj.com

U.K. Prime Minister Defends Tax Cuts as Market Turmoil Continues

Liz Truss largely laid the blame for the country’s financial fallout on high global inflation and energy prices cause...

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8 months ago
wsj.com

Credit Suisse Needs the Deal of the Decade

The bank’s deal-makers can prove their worth by finding a creative way to avoid raising capital with a rock-bottom st...

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9 months ago
wsj.com

Sezzle Cuts Cash Burn as It Targets Profitability by End of 2022

Buy-now-pay-later provider Sezzle Inc. said it cut monthly cash burn by more than 50% since the end of the second qua...

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10 months ago
wsj.com

‘Buy Now, Pay Later’ Looks to Healthcare for Shot in the Arm

Companies battling a slowing economy and strained household budgets are increasingly turning to niche sectors to secu...

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11 months ago
wsj.com

Buy-Now-Pay-Later Providers Zip, Sezzle Scrap Merger Plans

Zip and Sezzle have scrapped the planned merger that they had hoped would create the scale to better compete in the c...

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