HSBC sells $25 billion Australian home and personal loan portfolio to Blackstone
HSBC , is selling its A$36 billion ($25.30 billion) Australian home and personal loan book to global asset manager Blackstone in the world’s largest-ever home loan portfolio
Digital banks, social media, and the competition for deposits
The rapid digitalisation of banking and the widespread use of social media are transforming competition for retail deposits. Using US branch-level data, this column shows
Hedging interest rate risk when it matters: Evidence from Italian banks
Valuation losses can build quickly in response to higher interest rates, as demonstrated by the collapse of Silicon Valley Bank. This column shows that Italian
Financial regulation: Catalyst for sustainable economic development
The real objective should be to transform the insurance sector into one with real economic and developmental impact. There is a pivotal role for supervisory
Wall Street bonuses expected to be highest in four years, consultancy says
Wall Street bonuses are expected to rise for the second year for traders and investment bankers on surging deal volume and market volatility, according to
The impact of fintech on lending
Fintech has improved efficiency and inclusion in banking, especially lending, but has also raised concerns about financial stability, privacy, discrimination, and overall wellbeing. This column
US bank stocks plunge as investors grow uneasy about mounting risks
U.S. bank stocks, including Zions Bancorporation, Jefferies, and Western Alliance, fell sharply on Thursday as investors grew uneasy about risk in the sector, which has
Global bank stocks slide as US credit risks spark reality check
Global financial stocks slid on Friday as a rout in U.S. regional banking shares heightened concerns about credit quality and mounting risks in the sector. The banking
Bank climate commitments and green lending in emerging markets
The low-carbon transition requires substantial financial mobilisation, yet it is unclear whether banks’ public climate commitments represent real change or simply greenwashing. This column uses
The macroeconomic effects of introducing a central bank digital currency
Central bank digital currencies are gaining traction as a potential innovation in central banking, with numerous countries considering their implementation. However, given the limited real-world
