deposit

Article content (Bloomberg) — The European Central Bank is set for three more quarter-point increases in interest rates in May, June and July, economists polled by Bloomberg say.  Article content That would take the deposit rate to…

The Bank of England is considering a major overhaul of its deposit guarantee scheme, including boosting the amount covered for businesses and forcing banks to pre-fund the system to a greater extent to ensure faster access to cash…

Britain’s chancellor said on Thursday that his government needed to look at raising the level of protection for bank customers given the speed at which deposits fled Silicon Valley Bank last month. Speaking on the sidelines of the…

Reading Time: 2 minutes  Sportwetten.de, a growing Gaming provider in the German market implemented the innovative payment solution supplied by payment partner Aircash, which received approval from GGL (Gemeinsame…

This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekdayGood morning. Did Silicon Valley Bank’s poor asset-liability management prompt Saudi Arabia to…

Article content (Bloomberg) — European Central Bank Executive Board member Isabel Schnabel said that eurozone banks have not seen a loss of deposits despite the recent financial stability concerns. Article content “We’ve seen some shift…

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It’s every home buyer’s worst nightmare – you find your dream home; your offer is accepted; and you pay a deposit – only for the sale to fall through before the property is transferred into your name. The question now is, where does this…

The Fed’s decision to guarantee non-insured depositors of Silicon Valley Bank is “the most wonderful example of moral hazard we’ve come across for quite a while”, says Standard Chartered chief Bill Winters. Winters’ remarks, made on…

US Treasury secretary Janet Yellen ruled out a broad expansion of deposit insurance to protect savers with balances above $250,000 in the near term, comments that fuelled another sell-off in shares of smaller American banks. Speaking…