News

Elizabeth Warren and three other senators questioned the Fed governor on her role in the lender’s supervision and accused her ...
Today, the AI frontier has shifted to whether banks can allow software "colleagues" to run unsupervised for minutes, hours or ...
Bank of England rate-setter Megan Greene said quantitative easing could be used in a smaller and more targeted way in the ...
A top U.S. bank regulator told staff on Monday that it plans to cut its workforce by roughly 20% as part of the Trump ...
UK inflation unexpectedly fell in March, increasing expectations that the Bank of England may reduce interest rates at its upcoming meeting in May. The latest data from the Office for National ...
JPMorgan Chase & Co and Bank of America should withdraw from working on the initial public offering of Chinese electric ...
With the Nasdaq Composite leading the charge and showing a 2.58% increase, U.S. stocks closed the week on a bright note. Russell indices show that growth companies outpaced value shares for the second ...
Given the current state of market uncertainty, the British Pound/US Dollar (GBP/USD) exchange rate is relatively stable around the 1.2400 level, with a noticeable weakening of the upward trend. The ...
Charlie Bean, the Bank of England’s former deputy governor ... Remember too that even the MPC’s hawk-in-chief Catherine Mann has proved sensitive to the difficult economic backdrop the UK faces. She ...
the Bank of England said. “The probability of adverse events, and the potential severity of their impact has risen,” the BoE’s Financial Policy Committee said on Wednesday. A major shift in ...
Investing.com -- The Bank of England has announced plans to closely monitor the use of artificial intelligence (AI) in the finance sector, including banks and hedge funds. The move comes amid concerns ...