Language : English
04/10/2021 | Non-Farm Payroll ,
Today’s News Several lawsuits against Goldman Sachs Group Inc and Morgan Stanley have been dismissed by a U.S. judge in connection with the rapid collapse of Bill Hwang’s USD 36 billion firm, Archegos Capital Management, in March 2021. The lawsuits, which accused the banks of misconduct fueling the collapse, were dismissed with prejudice, meaning they […]
2024-3-29 | Industry Dynamics
Today’s News SWIFT, the global bank messaging network, has disclosed its plans to introduce a new platform within the next one to two years. This platform aims to integrate the emerging wave of central bank digital currencies (CBDCs) with the existing financial system, marking a significant development in the evolving CBDC ecosystem. With approximately […]
2024-3-26 | Industry Dynamics
Today’s News Switzerland has initiated rate cuts among major central banks, with the European Central Bank expected to follow suit in June, while the Bank of England and the Federal Reserve are anticipated to act before summer’s end, despite inflation showing a downward trend but not yet subdued. The Swiss National Bank became the first […]
2024-3-25 | Industry Dynamics