A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans.[1] Lending activities can be performed either directly or indirectly through capital markets. Due to the importance of banks in the financial stability of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords.
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Bloomberg | November 12, 2020
JPMorgan to Reveal Bankers Who Approved Suspicious Oil Payments
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Bloomberg | November 12, 2020
Trudeau’s Finance Minister Praises Germany’s Short-Work Program
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Bloomberg | November 12, 2020
Deutsche Bank Tells Americas Investment Bankers to Work at Home
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| Policy & Regulatory |
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CNBC | November 12, 2020
Federal Reserve Chairman Jerome Powell is participating Thursday in a policy panel before a European Central Bank Forum on central banking.
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Reuters | November 12, 2020
Republican President Donald Trump’s CFPB director, Kathy Kraninger, and many policy experts expect him to quickly replace her after he takes
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The Wall Street Journal | November 12, 2020
Bank of Mexico Leaves Interest Rates Unchanged
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| Economy |
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Yahoo! Finance | November 12, 2020
leading central bankers in the world offered a cautious outlook on the global economy despite the developments on a COVID-19 vaccine, as the
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| General Industry News |
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Bloomberg | November 12, 2020
neighbor, Chief Executive Officer Joshua Oigara said. The Nairobi-based lender, which was looking to partner with an Ethiopian bank, will
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Reuters UK | November 12, 2020
policy has a relatively big impact on HK-listed new economy and tech stocks, Guodu Hong Kong noted in a report, adding that the market focus
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