The ECB, Bank of England and Federal Reserve join with other major central banks to offer seven-day US dollar operations on a daily (instead of weekly) basis, effective from 20 March 2023.
The joint warning was issued on the same day the Feds launched a new FTX Task Force to recover lost investor assets from the collapsed exchange.
Markets were battered last week following a slew of central bank interest rate increases, with both bond and equity traders seeing heightened volatility. The TRADE takes a look at the impact of the hikes on the current landscape.
The new hire will hold the position of global head of regulatory affairs and integrity.
The Federal Reserve is meeting this week to make its latest interest rate decision, and the markets are waiting with bated breath. Will tomorrow see the first hike since 2018... and how aggressive will it be?
Deutsche Bank to pay a total of $156.6 million for unsafe FX practices and Volcker compliance failures.
Former senior employees at JP Morgan in Asia-Pacific allegedly offered individuals’ employment opportunities based on client referrals to win business.
Federal Reserve publishes paper on distributed ledger technology.
Deutsche Bank and Santander were the only banks to fail for a second year in a row.