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ECB Says EU Banks May Be In Trouble If Economic Crisis Worsens

PYMNTS

The European Central Bank (ECB) is warning its members could face more challenges if the economic crisis deepens, CNBC reported. But he warned that if the crisis deteriorates then some banks would face difficulties in maintaining their compliance with the minimum capital requirements. percent and 12.6 percent and 12.6

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Mexican Regulator Says Credit, Debit Processing Too Highly Concentrated

PYMNTS

The regulators have recommended that the eight private banks which own large shares of the settlement and process firms sell them, as regulators said they have an unfair advantage, according to the AP. Poovala said the country's cumbersome banking process is easy to see up close as he had to make Oyster in order to get properly banked.

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Concentration Risk on the Buy-Side of Credit Markets: The Causes

CFA Institute

What are the effects of buy-side concentration on the structure of the corporate bond market?

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Re-Examining The Role Of Correspondent Banking

PYMNTS

Fewer correspondent banks to move that money. The Bank for International Settlements (BIS) said in a recent report that the number of correspondent banks — where banks and financial institutions (and domestic payment systems) are linked together — slipped 3 percent in 2019 vs. 2018 and declined a significant 22 percent from 2011 to 2019.

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Banks Push Back On Possible Banking Charters For Big Techs Like Amazon And Facebook

PYMNTS

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). However, the banking industry doesn’t like that one bit. “We Specific Concerns .

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Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?

PYMNTS

Twelve years after the housing and mortgage markets’ collapse threw the United States into financial distress not seen since the Great Depression, market watchers are again on the lookout for a possible new banking crisis spawned by upheaval in the U.S. Bank regulators and overseers have been tracking the problem since the outbreak’s onset.

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Budget 2022 focuses on futuristic growth: Vidit Aatrey, CEO, Meesho

CFO News Room

lakh crore in the next fiscal will percolate down to the real engines of our economic growth — the MSMEs. While the Budget delivers on many fronts, achieving this completely would require a concentrated effort spanning multiple years and further reforms. Stepping up capex to Rs7.5 By Vidit Aatrey.

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