Bank Of England And BIS Complete Study For Retail CBDC
The study focused on the use cases of CBDCs in P2P transfers. The announcement comes amid division among policymakers on ...
The U.S. Central Bank Left Its Benchmark Lending Rate Unchanged This Wednesday
As widely expected, the U.S. Central Bank left its interest rate unchanged this Wednesday after a two-day meeting but warned ...
Banking Chatbots & Customer Service; What Are Regulators Recommending?
Artificial Intelligence (AI) today has revolutionized various industries, and the banking sector is no exception. In a tech-savvy world today, ...
Hong Kong Monetary Authority Prepares To Implement Retail CBDC
The digital currency, dubbed e-HKD, targets the general public. e-HKD aims to address the volatility in decentralized finance (DeFi). According ...
US Inflation Data And Federal Reserve Policy Meeting Is The Center Of Attention For June 2023
U.S. Inflation data and Federal Reserve policy meeting will be at the centre of attention in June 2023, and according ...
Chase Bank Resolves Online Banking Disruption; Issues Refunds
A bug reportedly caused the technical glitch. The bank's customers reported double transactions and longer holding times. JPMorgan Chase Bank, ...
Economic Challenges Impact Goldman Sachs; Revenue Slump And Job Cuts Looming
Goldman Sachs plans to cut more jobs as the economic environment worsens. The company's trading revenue is expected to slump ...
Debt Ceiling Deal Is A Huge Relief; Investors Shift Focus To The U.S. Jobs Report
U.S. President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy on Sunday signed off on an agreement to ...
Ongoing Debt Ceiling Negotiations In Washington; Weak Corporate Results Dampened Investor Risk Appetite. What’s Expected In The Coming Weeks?
The ongoing debt ceiling negotiations in Washington continue to make investors nervous, especially after U.S. Treasury Secretary Janet Yellen expressed ...
European Central Bank Warns Interest Rate Hikes Could Increase Bad Debts As Inflation Persists
A slowing economy and high-borrowing rates could lead to liquidity risks in the banking sector, says ECB. This month, the ...
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