Stricter oversight needed as financial misconduct drives risk-taking in banking, says study
Banks facing regulatory sanctions for financial misconduct tend to adopt riskier business practices, according to new ...
'Banks borrow at 9%, lend at 8.5%'... Kotak flags risk in lending biz model
Mumbai: Ahead of a likely rate cut by RBI, even as liquidity remains scarce, veteran banker Uday Kotak has raised concerns ...
Bank Regulators Move to Undo Biden Changes to Low-Income Lending Rules
Industry had challenged efforts by the Biden administration to update redlining regulations.
Uday Kotak flags critical banking risk: 'Borrow at 9% and lend at 8.5!'
Kotak outlined the critical challenge banks currently face: "Leading banks are taking 1 year wholesale deposits at ~8%.
ECB warns banks of liquidity risk from geopolitical shocks
Euro zone banks are resilient but need to be ready for geopolitical shocks and their consequences, including the risk ...
Insurance Business America4d
Wholesale insurance brokers and Managing General Agents gain ground as surplus lines market surges
The Wholesale & Specialty Insurance Association reported a 17.4% jump in surplus lines direct premium written in 2023, reachi ...
Private credit power players weigh in on the next big risk ahead
We asked investors in the booming alternative asset class to tell us where they’re on the lookout for trouble.
India File: A disclosure snafu reveals banking risks
Mexican Foreign Minister Juan Ramon de la Fuente spoke with the U.S. Deputy Secretary of State Christopher Landau on ...
Investopedia6d
Enterprise Risk Management (ERM): What It Is and How It Works
Michela Buttignol / Investopedia Enterprise risk management (ERM) is a methodology that looks at risk management strategically from the perspective of the entire firm or organization. It is a top ...
The Business Standard8d
City Bank appoints new heads for wholesale and corporate banking divisions
City Bank has announced the appointment of Mesbaul Asif Siddiqui, deputy managing director (DMD), as its new head of wholesale banking. Prior to this role, he served as the chief risk officer of the ...
Australia pushes for clearer crypto rules, addresses debanking concerns
Australia unveils digital asset strategy with wholesale CBDC pilots and new crypto platform rules under DAP regime.
Wall Street Journal16d
Wholesale Inflation Flattened Last Month—But Egg Costs Soared
Wholesale prices held steady in February, data that follows signs of modest cooling for consumer-price increases in a separate report issued a day earlier. But a data revision meant that prices ...