May 12, 2023
“Large U.S. lenders will bear most of the cost of replenishing a deposit insurance fund that was drained of $16 billion by the collapse of Silicon Valley Bank and two other lenders, although mid-sized banks will also be on the… Continue Reading…
March 29, 2023
“Finance Minister Chrystia Freeland is planning to raise billions of dollars from banks and insurance companies by changing the tax rules for dividends they get from Canadian firms… In a measure that officials billed as closing a loophole, Canada will… Continue Reading…
March 29, 2021
“The forced liquidation of more than $20 billion in holdings linked to Bill Hwang’s investment firm is drawing attention to the covert financial instruments he used to build large stakes in companies. Much of the leverage used by Hwang’s Archegos… Continue Reading…
March 24, 2021
“EDITOR NOTE: Goldman Sachs, JP Morgan, and Citigroup–three of America’s largest banks–have significantly increased their stake in China, as the top five US banks, adding Morgan Stanley and Bank of American to the list, hold a whopping $77.8 billion exposure… Continue Reading…
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