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The Fed’s Vice Chair for Supervision Suggests Big-Bank Regulation Changes
Posted inBanking and Financial Institutions Barr, Michael S Federal Reserve System Regulation and Deregulation of Industry Silicon Valley Bank United States

The Fed’s Vice Chair for Supervision Suggests Big-Bank Regulation Changes

In a series of changes that has bank lobbyists on the defensive, Michael Barr is calling for higher bank capital and tougher annual stress tests.
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Posted by By Jeanna Smialek Emily Flitter and Rob Copeland
China Hits Ant Group with $985 Million Fine
Posted inBanking and Financial Institutions China Fines (Penalties) Initial Public Offerings Ma, Jack People's Bank of China Regulation and Deregulation of Industry

China Hits Ant Group with $985 Million Fine

After nearly three years of regulatory scrutiny, the fine is seen as a sign that Beijing is wrapping up its crackdown on technology firms.
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Posted by By Claire Fu
At the Front Lines of the Inflation Fight, Uncertainty Reigns
Posted inBank of England Banking and Financial Institutions Economic Conditions and Trends European Central Bank Federal Reserve System Interest Rates Prices (Fares, Fees and Rates)

At the Front Lines of the Inflation Fight, Uncertainty Reigns

Central bankers and economists gathered this week and, amid concerns about persistent inflation, wondered about all the things they still don’t know.
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Posted by By Eshe Nelson
Eurozone Inflation Slows, but Underlying Price Pressures Persist
Posted inBanking and Financial Institutions European Central Bank Eurozone Lagarde, Christine Prices (Fares, Fees and Rates)

Eurozone Inflation Slows, but Underlying Price Pressures Persist

The annual rate of inflation fell to 5.5 percent in June, compared with 6.1 percent the month before. But “core” inflation edged higher.
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Posted by By Patricia Cohen

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