banking-sector
4 stories related to this topic, newest first.
rte.ieCompanies Report Strong Q1 Earnings; Paramount Advances Warner Bros. Discovery Merger
Several companies, including Grab and Paramount, reported robust first-quarter earnings with revenue growth. Paramount highlighted progress on its acquisition of Warner Bros. Discovery, aiming for 30 films annually post-merger. An Italian bank also raised its annual guidance foll…
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Bank of England Deputy Governor Discusses Private Credit Risks and Downplays Crisis Prospect
Sarah Breeden, deputy governor of the Bank of England, warned of a potential private credit crunch resembling the banking sector's recent challenges. She downplayed the likelihood of a broader financial crisis. The statements highlight ongoing concerns in credit markets.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)Federal Reserve Examines Banks' Exposure to Private Credit Funds
The Federal Reserve has begun examining major banks for their exposure to private credit funds amid concerns over potential risks. This follows reports of a private credit unwind that began months ago. The Treasury is also reviewing insurers' involvement in these funds.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)White House Council of Economic Advisers Analyzes Impact of Banning Stablecoin Yields
The White House Council of Economic Advisers has assessed that prohibiting yields on stablecoins would lead to a minimal 0.02% increase in bank lending. The analysis also indicates a net welfare loss from such a ban. This report examines potential regulatory effects on the financ…