Big U.S. lenders are expected to report another round of uninspiring quarterly results next week, which analysts said could dampen a "Trump rally" in bank stocks fueled by expectations the new president would lighten financial regulation and boost the economy.
The world's financial leaders will renounce competitive devaluations and warn against exchange rate volatility, but they have not yet found a common stance on trade and protectionism, a draft statement of their meeting in Germany showed on Friday.
The lobby group for the financial market 's structured finance companies has partnered with the trade association for the blockchain industry to explore ways blockchain technology can streamline the $1.9 trillion U.S. securitization market.
Politics, economics and finance have all been turned on their head in 2016, and investors are already looking ahead to 2017 with anticipation and trepidation.
The United States received failing scores for its efforts to prevent the laundering of criminal proceeds by shell companies, accountants and real estate agents, the Financial Action Task Force (FATF) said in a report released Thursday.
India's Ministry of Commerce has sought significant cuts in duty on gold and silver imports among other changes.
The Indian government had rolled out several regulatory curbs on lending against gold, which in turn had affected the business of gold-based Non-Banking Financial Companies (NBFCs) like Muthoot Finance in a big way.
Investors' optimism has accompanied policy accommodation, but macroeconomics are coming up short, the BIS concludes.
As we approach the four-year anniversary of Lehman Brothers’ collapse, the current administration has done little to reduce the systemic risk inherent in our financial system.