Despite the post-Enron taint on energy and commodities trading, the Federal Reserve Board is considering a rule that would let bank holding companies enter into derivative contracts that typically ...
Whether you are initiating electronic international payments through a fintech solution or buying physical currency, the chances are high that a bank will be involved. The relationship between banks, ...
A US national bank regulator has confirmed that banks can act as intermediaries in “riskless principal” crypto transactions, positioning them closer to broker-style roles in the digital asset market.
According to a Wall Street Journal report, when Federal Reserve Chairman Powell recently spoke at a National Community Reinvestment Coalition event, he telegraphed his view saying, “like activities ...
ISTANBUL, May 4 (Reuters) - Turkish state lender Ziraat Bank could work as an intermediary to process payments for Russia's grain exports, a senior Turkish official said on Thursday, adding the United ...
Renowned economist Richard Werner says popular textbooks miscast banks as mere middlemen and ignore their central "power to create money," an omission he claims distorts debates over credit just as ...