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Regional US Bank Stress Enters New Phase - Apollo
(24 March 2023 – Global) Deposits in the United States (US) banking sector have contracted by almost US$600 billion since the US Federal Reserve commenced hawkish interest rate […]
(24 March 2023 – Global) Deposits in the United States (US) banking sector have contracted by almost US$600 billion since the US Federal Reserve commenced hawkish interest rate […]
(21 March 2023 – United States) Goldman Sachs lowered its forecast for Q4 US gross domestic product (GDP) growth, citing risks to the lending environment as smaller banks […]
(13 October 2022 – Global) The International Monetary Fund (IMF) predicts global growth will slow to 2.7 percent next year, 0.2 percentage point lower than its July forecast, […]
(27 Sept 2022 – Singapore) Hong Kong has been overtaken by Singapore to become Asia's preeminent financial centre according to the latest Global Financial Centres Index's (GFCI). Singapore […]
(16 September 2022 – Australia) Uneconomic “zombie” companies are becoming insolvent after the conclusion of COVID government support as insolvency rates return to pre-pandemic levels. The Reserve Bank […]
(11 July 2022 – United Kingdom) The Bank of England (BoE) warned that the economic outlook for the United Kingdom (UK) and the globe has become shrouded so […]
(20 June 2022 – Hong Kong) Indian Public Sector Banks (PSBs) such as Union Bank of India and Punjab National Bank are shifting out of Hong Kong due […]
(26 April 2022 – Global) HSBC’s profits fell by 28 percent in the first three months of the year as Europe’s largest lender increased its reserves for bad […]
(3 March 2022 – Global) Citigroup risks losing roughly $4bn because of its exposure to Russia, the bank said on Wednesday, as the war in Ukraine complicates its […]
(14 February 2022 – Australia) Business insolvencies are expected to increase substantially in 2022 according to CreditorWatch as court actions ratcheted up in response to the economy absorbing […]