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Key Insights from the IMF Global Financial Stability Report

E78 Partners

Today’s global financial landscape is fraught with high inflation, geopolitical risks, and a shifting economic environment. These factors have tested the resilience of the financial system and posed significant challenges for corporate financial leaders.

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The Long Climb Back From Ghana’s Banking Crisis

PYMNTS

Capping off the effort last week, Ghana’s central bank announced it had revoked the licenses of 23 savings and loans companies as well as finance houses and appointed a receiver to manage their affairs. “It The central bank blames the financial institutions; Ghana’s President Nana Akufo-Addo, on the other hand, blames the Bank of Ghana.

Banking 46
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Chinese Officials Join US Politicians In Suddenly Falling Out Of Love With Big Tech 

PYMNTS

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. Will Chinese Authorities Force Ant To Restructure? .

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China’s Ant Group Mulling Creation Of New Consumer Loan Unit

PYMNTS

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Regulators could also compel Ant to divest its minority interests in certain other financial institutions, Bloomberg said.

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BIS Caution On Cryptos Hints Toward Long Fizzle

PYMNTS

If bitcoin and other offerings have had their roots in the dream of making an “end run” around traditional banking conduits (and central banking, especially), what happens when the banks co-opt cryptos and place some tight shackles around what they can do and how they are traded?

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Michael Hudson: Germany’s Position in America’s New World Order

CFO News Room

diplomats use the International Monetary Fund and World Bank to demand privatization of the world’s infrastructure and dependency on U.S. By “autocracy,” Biden means countries resisting this financialization and privatization takeover. dictates via NATO and other arms (such as the IMF and World Bank) are expected to be followed by U.S.

Economics 100
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What We Learned About Alternative Finance In 2016

PYMNTS

Wells Fargo was just a bank that was really good at getting its customers to sign up for credit cards, and Lending Club and its P2P counterparts were coming to eat mainstream banking’s lunch. Proponents argued that consumers need deep, rule-enshrined protections from the deprivations of the financial sector. DA’s office.

Finance 46