News & Insights
Unified feed: Brian's Banking Blog + editorial posts.
BanksUBS 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 rescue8/5/2023Read →
BanksGoldman 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 Reserve8/5/2023Read →
BanksFirst 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 →
BanksFinCEN 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 Network8/5/2023Read →
BanksNew 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 →
FinancialFitch 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 →
BanksPowell 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 banks8/3/2023Read →
NewsPowell: ‘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 rates8/3/2023Read →
BanksSEC 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 Sachs8/3/2023Read →
BanksJPMorgan 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 Union8/3/2023Read →
Brian's BlogInspire 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.
bankingbanksculture8/3/2023Read →
BanksReport: UBS in Discussions for Credit Suisse Acquisition
UBS reportedly in central bank-orchestrated negotiations for possible acquisition of troubled Swiss bank, Credit Suisse.
acquisitionBlackRockcredit suisse8/2/2023Read →