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1 – 10 of 235Banks in larger EU states are heavily exposed to European and US CRE markets, which have further to fall in 2024. Writedowns are underway, dealing a blow to sentiment and harming…
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DOI: 10.1108/OXAN-DB286071
ISSN: 2633-304X
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UNITED ARAB EMIRATES: Dubai raises revenue from banks
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DOI: 10.1108/OXAN-ES285742
ISSN: 2633-304X
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This was soon after further details emerged about previously reported financial scandals. The largest involves alleged embezzlement of more than VND300tn (well over USD12bn) from…
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DOI: 10.1108/OXAN-DB283924
ISSN: 2633-304X
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CHINA: Instability risks will grow
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DOI: 10.1108/OXAN-ES283080
ISSN: 2633-304X
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This follows a March 31 deadline for operators to register and subject themselves to a basic screening process. This reflects government efforts to create partial regulatory…
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DOI: 10.1108/OXAN-DB278843
ISSN: 2633-304X
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The authorities have also pressured many financial entities into cutting pay and benefits and carried out broad reforms of financial regulators. These moves may be part of…
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DOI: 10.1108/OXAN-DB280344
ISSN: 2633-304X
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Like public companies that became 'meme stocks' over the past two years, banks are learning that social media is now a matter of risk management more than marketing. Few but the…
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DOI: 10.1108/OXAN-DB279323
ISSN: 2633-304X
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July RBI data show updated gross FDI inflows of USD71.4bn in fiscal year 2022/23 (April-March), down from USD84.8bn in 2021/22. This was the first annual fall since Prime Minister…
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DOI: 10.1108/OXAN-DB281105
ISSN: 2633-304X
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Banks had hoped to share with borrowers the at-least USD5bn cost of making provision for Swiss franc mortgages. These mortgages were common prior to 2008, due to low interest…
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DOI: 10.1108/OXAN-DB281287
ISSN: 2633-304X
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The Fed's quarterly survey of senior lending officers, released the same day, found that banks expect to tighten lending standards. This follows deposit flight during the banking…