Artificial intelligence is rapidly reshaping the financial sector. This column introduces the seventh report in The Future of Banking series, which examines the fundamental transformations induced by AI and the policy challenges it raises. It focuses on three main themes: the use of AI in financial intermediation, central banking and policy, and regulatory challenges; the […]
The block trades were well bought by overseas investors, according to bankers. They marked the highest monthly total in almost a year and a huge jump from only $220mln in April Foreign investors are starting to head back into Indian stocks after a major exodus, attracted by $5.5 billion worth of big ticket block trades […]
Imagine your favorite open-air market. Stalls hustle for customers, prices fall, and shoppers win—until one fragile roof gives way and everyone scrambles. Banking is similar. Lean rivalry makes credit cheaper; cut-throat rivalry slashes margins so deeply that lenders may gamble to survive. Finding the sweet spot is not guess-work. A new World Bank working paper – Navigating […]
The global financial crisis of 2008 has led economists, historians, and policymakers alike to re-examine the foundations of our financial infrastructure. This column revisits the world of credit before the rise of modern banking to draw insights for contemporary reform. Drawing on historical research from early modern Europe, it reveals that communities long relied on […]
New technologies are changing how banks produce and provide financial services. These changes have implications for traditional banks, creating novel sources of systemic risk which could in turn pose regulatory and policy challenges. This column introduces a new report by the Advisory Scientific Committee of the European Systemic Risk Board that discusses the impact that […]
