financial system

Unregulated Crypto Poses Risks to Financial System, FSOC Report Says
Unregulated Crypto Poses Risks to Financial System, FSOC Report Says
October 03, 2022  |  Cryptocurrency

The U.S. Department of the Treasury’s Financial Stability Oversight Council has reported that crypto-asset activities “could pose risks” to the U.S. financial system’s stability, a...

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Japan Joins Chorus Of Regulators Worried About Libra
Japan Joins Chorus Of Regulators Worried About Libra
July 05, 2019  |  Facebook

The Bank of Japan (BOJ), Japan’s central bank, has joined in with other regulators and officials around the world in its worry over Facebook’s proposed...

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Bank CEOs To Assure Congress The Financial System Is Stronger Now
Bank CEOs To Assure Congress The Financial System Is Stronger Now
April 09, 2019  |  Bank Regulation

The heads of some of the nation’s biggest banks will stress how much more secure the financial system is thanks to regulations following the Great...

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US Banking Industry Had No Failures In 2018
US Banking Industry Had No Failures In 2018
January 10, 2019  |  Economy

U.S. banks had something to cheer about in 2018: Not one bank went under, putting a spotlight on the strength of the banking market. According...

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BlackRock Strategy: Cryptocurrency Speculation Doesn’t Present Systematic Risk
BlackRock Strategy: Cryptocurrency Speculation Doesn’t Present Systematic Risk
July 12, 2017  |  Bitcoin

BlackRock Global Chief Investment Strategist Richard Turnill argued Tuesday (July 11) that loose monetary policy has resulted in a huge run up in cryptocurrency, such...

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China Officials Issue Strong Warnings On Shadow Lending
China Officials Issue Strong Warnings On Shadow Lending
March 20, 2017  |  International

The dangers of shadow banking may impose dire consequences on China’s economy. According to Yi Huiman, chairman of the world’s largest bank as measured by...

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China Appoints Reformer To Tackle Financial System
China Appoints Reformer To Tackle Financial System
February 27, 2017  |  Bank Regulation

Guo Shuqing, the former head stock market regulator in China, has been appointed as chairman of the China Banking Regulatory Commission, replacing Shang Fulin, who...

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