by AIP Online Bureau | Mar 6, 2022 | Eco/Invest/Demography, International News, Reinsurance, Risk Management
The threat to banks with over US$100 billion of Russian debt in foreign banks, this raises questions about the risks to banks outside Russia – and the potential for a default to kick off a 2008-style liquidity crisis, where banks panic about the state of other...
by AIP Online Bureau | Nov 15, 2021 | Banking & Bancassurance, Eco/Invest/Demography, International News
“A main part of our business, taking deposits, is becoming a loss-making activity. What was once part of our core business and profits is now making losses,” said Caixabank’s CEO Gonzalo Gortazar last month. Charges on a debit card for non-loyal...