Tag: United States
US student loans set for rising delinquencies
A New York Federal Reserve analysis showed an increase in delinquencies last year among a smaller pool of U.S. student loans not covered by...
Gulf markets mixed amid US ban on Russian oil
Major Gulf bourses traded mixed amid fears of a potential supply shock after the United States announced a ban on Russian oil imports. U.S....
Monzo abandons US banking license bid
British digital bank Monzo, a loss-making bank has withdrawn its application for a U.S. banking licence. This is after more than two years of...
Less social media, more socializing hits Pinterest as US user growth...
Pinterest Inc said that the user growth in the United States was decelerating as people who used the platform for crafts and DIY projects...
White house to target bank mergers, financial data with competition order
President Joe Biden’s planned executive order to promote greater U.S. competition will target bank mergers by pushing the Federal Reserve and the Department of Justice to...
Pound extends fall after US inflation data lifts dollar
Sterling fell against the dollar after data showing the highest U.S. inflation in 13 years sent the greenback surging to a six-day high. The...
US SEC focuses on bank fee conflicts as it steps up...
The U.S. securities regulator has ramped-up its inquiry on Wall Street’s blank check acquisition frenzy, homing in on potential conflicts of interest created when banks...
130 countries back global minimum corporate tax of 15%
Most of the countries negotiating a global overhaul of cross-border taxation of multinationals have backed plans for new rules on where companies are taxed...
US opens $500 MLN fund for relatives of Boeing 737 MAX...
A $500 million U.S. fund is compensated to the relatives of 346 people who were killed in two fatal Boeing 737 MAX crashes. This...
