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Inflation Report Keeps May Interest-Rate Increase in Play
Fed officials have signaled greater uncertainty about the economic outlook following bank failures. Source link
Goldman Sachs to enter transaction banking business in Japan By Reuters
© Reuters. FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York
Fed Official: ‘We Need to Be Cautious’ on Raising Rates After Bank Failures
Potential fault lines surfaced on Tuesday over whether the Federal Reserve should proceed with interest rate increases next month as it studies the fallout from
Collapse of SVB, Signature Bank Tests the FDIC’s Executive Reserve Corps
Tim Mayopoulos was squashed into a middle seat in coach on his flight to San Francisco, the only one available when he booked that afternoon.
Credit Suisse's Risky-Bond Wipeout Hurts Asia's Rich
Private bankers from UBS and other international banks actively pushed AT1 securities to their wealthy clients for years. Source link
Houston Apartment Owner Loses 3,200 Units to Foreclosure
The U.S. multifamily housing sector is feeling the heat as interest rates rise and rent growth slows. Source link
Bank Volatility to Cut U.S. Economic Growth, IMF Says
Economy U.S. Economy Tighter lending expected to shave 0.44 percentage point off U.S. GDP in 2023, organization says Source link
Citi Long-Serving M&A Chief to Retire
One of Citigroup’s top dealmakers, Mark Shafir, is retiring from the investment bank. Source link
Is Russia’s Economy Growing or Shrinking? It Depends on the Forecaster.
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IMF Says Banking Troubles Create Headwinds for Global Economy
Economy International lender sees growth slowing this year, then picking up Source link