Remove Banking Remove Economics Remove Financial Systems Remove Leverage
article thumbnail

You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

CFO News Room

In an interview with Lynn Parramore of the Institute for New Economic Thinking, Nomi Prins takes up and extends the argument that she has made over a series of books, that central bankers are ever-more administering policies that are good for the markets but very bad for the real economy and real people. economy and Wall Street.

Banking 100
article thumbnail

Moody’s: Chinese shadow banking assets will retreat further

Future CFO

China's shadow banking assets will continue to decline on regulators' continued focus on containing systemic risks in the financial sector, said Moody’s recently. Broad shadow banking assets fell by around RMB1.58 Broad shadow banking assets fell by around RMB1.58 from 58.3% Trust loans fell by RMB1.2

Banking 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Chinese shadow banking expected to further decline in 2021

Future CFO

The fall in China's shadow banking activities since the fourth quarter of 2020, reversing the growth over the first three quarters, is set to continue in 2021 as regulators withdraw economic stimulus and focus on containing financial systemic risks, said Moody’s recently.

Banking 40
article thumbnail

Moody’s: China’s shadow banking sector continues to dim

Future CFO

The broad downward trend in China's shadow banking activities continued though the country supported its economic recovery from the pandemic, said Moody's Investors Service recently. . Overall shadow banking assets grew by RMB700 billion in the first quarters of 2020 according to estimates of Moody’s, following a RMB2.3

Banking 40
article thumbnail

China Has Strongest Economic Quarter In 18 Months

PYMNTS

The slowdown of China’s economic growth has had markets concerned, but new data suggests the nation could be on its way to reversing the trent. This level of growth cannot be sustained,” said Wang Xinling, lead analyst at think tank China Policy, in an interview with the Financial Times. percent GDP annual growth rate.

article thumbnail

Impact of China's temporary relief for shadow banking might be limited

Future CFO

The extension of a deadline for Chinese financial institutions to comply with new asset-management rules will probably ease pressures facing the shadow-banking sector though the scale of the effect will be limited, said Fitch recently. This will result in a further reduction in securities and trust companies’ channel business.

Banking 40
article thumbnail

OCC Defines Top Threats To Banks This Season

PYMNTS

Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. The federal banking system is, and should be, a source of strength for the nation and its economy.

Banking 46