Banks
- Europe
Forget rate hikes, these analysts are predicting interest rate cuts next year
Some central bank watchers believe the Fed and the ECB will have to stop their tightening cycles because of an…
Read More » - Europe
Euro zone inflation hits record 8.6% as the European Central Bank prepares for its first rate hike in 11 years
The ECB has announced it will be hiking rates in July and September to counter record inflation. Daniel Roland |…
Read More » - Europe
European Central Bank member Holzmann says there’s ample room to hike to cool surging inflation
The ECB is heading to a critical meeting in July with a rate rise expected and investors awaiting details of…
Read More » - Europe
Lagarde plays down recession risks, says ECB is ready to ‘move faster’ on rates if needed
European Central Bank President Christine Lagarde said the central bank can raise rates faster, if needed. Handout | Getty Images…
Read More » - Finance
As Klarna and Affirm falter, a new breed of ‘buy now, pay later’ startups are stealing the spotlight
Klarna is in talks to raise funds at a sharp discount to its last valuation, according to a report from…
Read More » - Finance
Wall Street layoffs likely ahead as two-year hiring boom turns to bust
People walk by the New York Stock Exchange. Spencer Platt | Getty Images News | Getty Images Less than six…
Read More » - Banking
Fidelity’s Alex Wright: People have misunderstood OMV Russia exposure
Russia’s initial invasion of Ukraine almost exactly four months ago caused a wealth of managers to shift portfolio positions out…
Read More » - Finance
Inflation is the ‘biggest poison’ for the global economy as recession risk rises, Deutsche Bank CEO says
Christian Sewing, Chief Executive Officer of Deutsche Bank, attends a session at the 50th World Economic Forum (WEF) annual meeting…
Read More » - Banking
BlackRock’s Nigel Bolton is betting on banks despite recession worries
Bolton, co-chief investment officer of BlackRock Fundamental Equities, and said that when seeking out the typical companies that they invest…
Read More » - Finance
Dalio is right to short Europe, strategist says: ‘The pain will go on for quite a while’
Ray Dalio, Bridgewater Associates, Founder, Co-Chairman & Co-CIO, at the WEF in Davos, Switzerland on May 24th, 2022. Adam Galica |…
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