High debt levels in the private sector are typically associated with recessions.
Have Europe’s banks become too big to fail?
June 20, 2023Large banks in the region retain more than 70% of all banking assets, with an average size of almost €700bn.
Fossil fuel financing reached $5.5tn in the past seven years
June 13, 2023Many banks are members of the Net-Zero Banking Alliance, but the “net zero” targets leave controversial portfolios unaddressed.
Banks to hold a significant role in the Brazilian digital currency
June 8, 2023The central bank in Brazil is preparing to launch a digital currency at the end of 2024.
Lending to UK SMEs declines as economy slows
June 6, 2023The decline also reflected the increased competition with specialist and challenger banks.
Panama still ideal investment destination, bank execs say
June 5, 2023Seven years after the Panama Papers, the country is still on Gafilat’s grey list for deficiencies in combatting money laundering.
The Banker’s Top 30 Caribbean Banks 2023
June 1, 2023The Caribbean economies expanded last year on the back of increased revenue in commodity-exporting countries. Most of the biggest lenders in the region improved metrics, such as assets and profits.
Research highlights state of UK interest rates
May 30, 2023The country’s Financial Conduct Authority has written to High Street banks asking them to justify their lower savings rates.
Bolivia’s economic model called into question
May 26, 2023A dollar shortage and falling international reserves are highlighting the limits of a very heterodox economic model.
Dollar scarcity threatens Bolivian banking system
May 24, 2023A drop in foreign reserves and fears over devaluation are threatening the Latin American country’s economy, as its third-largest bank faces liquidation.