Latest News RSS Feed

ECB: Populist surge is bad for business

May 26, 2016

The European Central Bank warned that the rise of populist parties could threaten growth in the eurozone. The bank describes a need for fiscal and structural reforms in most of ...

India could lose $49 bn in GDP by food price shock

May 26, 2016

The UN Environment Programme-Global Footprint Network report, entitled 'ERISC Phase II: How food prices link environmental constraints to sovereign credit risk', features...

China's wary lenders force rust-belt country to take expensive shadow bank loans

May 26, 2016

Mainstream lenders in China are squeezing borrowers in the country's rust-belt provinces, forcing firms to take on higher interest-rate loans from so-called shadow banks, a...


The Challenges Facing Europe's Banks

May 4 , 2016

Record-low interest rates and wild market swings are eroding profit at Europe’s banks, with no end in sight. From UBS Group AG’s wealth-management unit to Commerzbank AG’s consumer-lending business, income is shrinking as margins get squeezed and clients avoid trading. Executives at the banks, two of Europe’s largest, warned not to expect an improvement soon. 


Submit your email to receive our newsletter