Category : Banking crisis
2018, that is about 291 percent of GDP. European banks are in trouble for several reasons.
The Bank of Japan’s preferred inflation gauge fell for the second straight month in April, dropping from 0.9 percent in the previous month to 0.7 percent, as consumer prices refuse to cooperate with the BOJ’s 2 percent inflation target, according to government data released Friday.
A Hong Kong government report says money laundering puts the city at "medium high" risk, with the banking sector risk labeled "high."
Net central bank purchases totalled 116.5t in Q1, 42% higher y-o-y and the highest Q1 total since 2014.
Thieves siphoned hundreds of millions of pesos out of Mexican banks, including No. 2 Banorte, by creating phantom orders that wired funds to bogus accounts and promptly withdrew the money, two sources close to the government’s investigation said.
The big six central banks now own 40% of global GDP, which is more than double the 17% they held before the financial crisis.
THE EUROPEAN Central Bank has moved first to protect global financial markets from the potential chaos caused by Deutsche Bank winding down the trading of $1.1 trillion assets on its balance sheet.
China's central bank said on Tuesday it will cut the amount of cash most commercial and foreign banks.
New instrument would require joint euro-area public guarantee.