News & Insights

Unified feed: Brian's Banking Blog + editorial posts.

1004 results.
  • UBS to Buy Credit Suisse in Emergency RescueBanks

    UBS to Buy Credit Suisse in Emergency Rescue

    UBS emergency rescue of Credit Suisse finalized as the Swiss banking giant agrees to buy its embattled rival for $3.2 billion.

    acquisitioncredit suisseEmergency rescue
    8/5/2023Read →
  • Goldman Sacks, BofA Predict 3 More Interest Rate Hikes in 2023Banks

    Goldman Sacks, BofA Predict 3 More Interest Rate Hikes in 2023

    Bank of America and Goldman Sachs forecast that the Federal Reserve will implement three more interest rate hikes in 2023.

    bank of americabanksFederal Reserve
    8/5/2023Read →
  • First Republic’s Future: Bank Rescue or FDIC receivership?Banks

    First Republic’s Future: Bank Rescue or FDIC receivership?

    Multiple reports suggest ongoing talks to create First Republic Bank rescue by private sector or send the bank into FDIC receivership.

    8/5/2023Read →
  • FinCEN Alert Warns About Russian Attempts to Use Real Estate Investments to Evade SanctionsBanks

    FinCEN Alert Warns About Russian Attempts to Use Real Estate Investments to Evade Sanctions

    FinCEN warns of Russian attempts to evade sanctions through real estate investments. Learn about the risks and implications.

    Bank Secrecy Actcustomer due diligenceFinancial Crimes Enforcement Network
    8/5/2023Read →
  • New Fed Data Shows Weaker Loan Demand, Tighter CreditBanks

    New Fed Data Shows Weaker Loan Demand, Tighter Credit

    New Fed survey results show that banks have tightened credit standards while loan demand has weakened as interest rates rise.

    8/4/2023Read →
  • Fitch Announces Downgrade of U.S. Credit RatingFinancial

    Fitch Announces Downgrade of U.S. Credit Rating

    Fitch downgrades the U.S. credit rating from AAA to AA+, citing rising economic worries, entitlement costs, and poor governance.

    8/4/2023Read →
  • Powell Clarifies Fed’s Role on ClimateBanks

    Powell Clarifies Fed’s Role on Climate

    "Federal Reserve Chair Jerome Powell explains the central bank's stance on addressing climate change and its implications."

    bankingbanksus banks
    8/3/2023Read →
  • Powell: ‘Long Way to Go’ in Fed’s Fight to Lower InflationNews

    Powell: ‘Long Way to Go’ in Fed’s Fight to Lower Inflation

    Powell acknowledges the Fed's ongoing struggle to reduce inflation, emphasizing that there is still a long way to go in their efforts.

    Federal Reserveinflationinterest rates
    8/3/2023Read →
  • SEC Fines Goldman Sachs for Failure to Follow its Own ESG PoliciesBanks

    SEC Fines Goldman Sachs for Failure to Follow its Own ESG Policies

    "Goldman Sachs fined by SEC for violating its own ESG policies, highlighting the importance of compliance in sustainable investing."

    bankingbanksGoldman Sachs
    8/3/2023Read →
  • JPMorgan Chase Plans Digital Bank in GermanyBanks

    JPMorgan Chase Plans Digital Bank in Germany

    JPMorgan Chase announces its plans to launch a digital bank in Germany, expanding its banking services in the country's market.

    digital bankingEUEuropean Union
    8/3/2023Read →
  • Inspire a movement? I'd choose Freedom!Brian's Blog

    Inspire a movement? I'd choose Freedom!

    Freedom to pursue passions, to cross borders, to start businesses. It’s an ambitious dream but the impact is immense.

    bankingbanksculture
    8/3/2023Read →
  • Report: UBS in Discussions for Credit Suisse AcquisitionBanks

    Report: UBS in Discussions for Credit Suisse Acquisition

    UBS reportedly in central bank-orchestrated negotiations for possible acquisition of troubled Swiss bank, Credit Suisse.

    acquisitionBlackRockcredit suisse
    8/2/2023Read →