John Hawkins was formerly a senior economist at the Reserve Bank of Australia and the Bank for International Settlements. Central bankers from around the world have issued a joint statement of support ...

Global central bankers defended U.S. Federal Reserve Chair Jerome Powell in a joint statement Tuesday. The group included the heads of the European Central Bank and Bank of England, among others.

The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States. By Eshe Nelson Reporting from London Central ...

Jan 10 (Reuters) - Elon Musk said on Saturday that social media platform X will open to the public its new algorithm, including all code for organic and advertising post recommendations, in seven days ...

Volatility in the banking industry has given rise to fears of a recession and stagflation in the U.S., and new data from American Banker finds that smaller institutions see themselves as the most ...

Megadeals returned in full force in 2025. Wall Street is already bracing for another wave in 2026. There were a record 68 transactions valued at $10 billion or more announced globally this year, ...

Advancements in artificial intelligence, the continued rise of digital assets and further economic uncertainty are trends that some bankers predict are on the horizon but few are ready for, per new ...

While the creation of this new entity marks a big step toward avoiding a U.S. ban, as well as easing trade and tech-related tensions between Washington and Beijing, there is still uncertainty ...

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) has been named Bank of the Year 2025 for the U.S. by The Banker, an outlet of The Financial Times. This is the second time ...

Instagram is introducing a new tool that lets you see and control your algorithm, starting with Reels, the company announced on Wednesday. The new tool, called “Your Algorithm,” lets you view the ...

Randy Hultgren, chief executive officer of the Illinois Bankers Association, is stepping down as head of the lobbying group at the end of the 2026 spring legislative session. “The IBA is in strong ...

Leveraged finance bankers have long anticipated the return of M&A. Now they’re betting that next year they might finally be right. Banks have underwritten around $65 billion of debt tied to leveraged ...