Goldman Sachs Reportedly Plans Expansion of Its Private Credit Portfolio
The media reports that Goldman Sachs Asset Management intends to significantly expand its private credit portfolio.
Finance & Economics - page 26
JPMorgan CEO Says About Probability of US Recession
JPMorgan Chief Executive Officer Jamie Dimon on Tuesday, March 12, during a video conference at the Australian Financial Review business summit in Sydney, said that, in his opinion, one should not deny the likelihood of a recession in the United States.
China Attempts to Save Developer Vanke From Default
In China, local banks are currently trying to save another large developer which is on the verge of collapse.
Gold Prices Demonstrate Prospects for Continued Growth
In the foreseeable future, the record growth in gold prices may continue, as investors expect that shortly central banks will begin to implement monetary easing policies, within which interest rates will be lowered.
Japan Manages to Avoid Recession
The Japanese economy in the last quarter of 2023 showed a positive result, which exceeded the preliminary forecasts of analysts.
China’s Consumer Prices Rise for First Time in Half-Year
Positive consumer inflation has been recorded in China for the first time in the last six months.
Italy Privacy Watchdog Fines Unicredit
In Italy, the local data protection authority fined the bank UniCredit.
Nationwide Building Society to Acquire Virgin Money
The bank Nationwide Building Society, which is based in the United Kingdom, plans to acquire retail lender Virgin Money.
NYCB’s New CEO Mulls Business Plan
The new CEO of New York Community Bancorp (NYCB), Joseph Otting, said that he is currently working on creating a new business plan for this financial institution.
ECB Keeps Borrowing Costs Steady
The European Central Bank kept the cost of borrowing at the current level during its fourth meeting, but at the same time, new economic forecasts could become a kind of base of argument to justify the expediency of the financial regulator’s decision to start lowering interest rates in 2024.
China’s Exports Exceed Forecasts
In China, export and import figures for January and February exceeded preliminary expectations, which is evidence of the intensification in the sphere of world trade and at the same time a signal of positive prospects for Asian country politicians in the context of their efforts to improve the situation associated with the slowdown in the […]
Jerome Powell Says Fed Needs More Confidence on Inflation to Cut Rates
Federal Reserve Chairman Jerome Powell, during a speech before the House of Representatives commission on Wednesday, March 6, said that the central bank of the United States is not yet ready to start making decisions on lowering interest rates, because, before appropriate measures, it is necessary to make sure that the final victory in the […]
Shares of NYCB Demonstrate Decline
The share price of New York Community Bank (NYCB) last Monday, March 4, showed a drop of 23%.
China Sets Economic Growth Target
The Chinese authorities have set a target for the growth of the country’s economic system for 2024.
BIS Says About Success of Central Banks in Inflation Fight
The Bank for International Settlements (BIS) on Monday, March 4, said that financial regulators in many countries of the world are on the verge of victory in the struggle to resume control over the surge in inflation, which has become excessive and is transforming into a kind of autonomous trend.
China’s Middle-Income Population Reportedly Hits 500 Million Mark
At the end of last week, Chinese state media published information according to which the number of citizens whose income is at a middle level in this country amounted to more than 500 million people.
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