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Tag: banking

Barclays To Pay Christian Group for Discrimination

Bridget Ryder July 1, 2023

The bank refuses to apologise and reinstate the charity’s account cancelled after a social media campaign.

De-Dollarization: Brazil, India, China Move Away From Currency

Robert Semonsen April 3, 2023

Despite the de-dollarization trend, approximately 60% of the world’s foreign exchange reserves remain in U.S. dollars.

Banking Crisis: Déjà-Vu All Over Again?

Sven R. Larson March 22, 2023

Several news sources have raised the volume about a possible systemwide banking crisis. I am not going to contribute to that. In fact, we should all be careful about determining whether or not such a crisis is at hand.

Credit Suisse Given $54 Billion Lifeline

Robert Semonsen March 17, 2023

Credit Suisse is the first global systemically crucial financial institution since the financial crisis of 2008 to receive a central bank lifeline.

Commission: SVB Collapse Poses No Risk to EU

Tamás Orbán March 14, 2023

“The name of the game is containment now,” German MEP Markus Ferber said, referring to the fear that’s spreading faster than the actual problem.

Bank Sells Services and ‘Polyamorous’ Relationships

Bridget Ryder January 25, 2023

ING promotes itself as the “banco no banco,” in English, the ‘not-a-bank bank,’ proclaiming to have broken banking conventions. 

Frozen Bank Accounts: The New Mechanism of Political Coercion

Sebastian Morello November 7, 2022

The take-home lesson here is that among the world’s politically functioning countries, there are three dominant regimes, namely authoritarianism, totalitarianism, and progressive liberalism, all of which share family resemblances.

Nobel Prize Rewards Monetary Expansion

Sven R. Larson October 11, 2022

The Nobel Foundation explains that the three laureates have developed theoretical foundations for how governments can regulate financial markets and address financial crises.

Albania: Home to the New ‘Swiss Account’? 

Bridget Ryder July 20, 2022

A previous version of the draft legislation was condemned by the European Union and International Monetary Fund last year, but the Socialist-led government has continued to push the legislation forward. 

First Step: China Starts Dollar Takedown

Sven R. Larson July 2, 2022

Introducing the Renminbi Liquidity Arrangement (RLA), which is aimed squarely at supplanting the dollar.

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Issue 28, Fall 2023

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