Financial System news and trends

Japan Joins Chorus Of Regulators Worried About Libra
Facebook // July 05, 2019

The Bank of Japan (BOJ), Japan’s central bank, has joined in with other regulators and officials around the world in its worry over Facebook’s proposed cryptocurrency Libra, according to reports.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Bank CEOs To Assure Congress The Financial System Is Stronger Now
Bank Regulation // April 09, 2019

The heads of some of the nation’s biggest banks will stress how much more secure the financial system is thanks to regulations following the Great Recession of 2008 and 2009 during congressional testimony this week. Get the Full Story Complete the form to unlock this...

US Banking Industry Had No Failures In 2018
Economy // January 10, 2019

U.S. banks had something to cheer about in 2018: Not one bank went under, putting a spotlight on the strength of the banking market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

BlackRock Strategy: Cryptocurrency Speculation Doesn’t Present Systematic Risk
Bitcoin // July 12, 2017

BlackRock Global Chief Investment Strategist Richard Turnill argued Tuesday (July 11) that loose monetary policy has resulted in a huge run up in cryptocurrency, such as bitcoin, but it doesn’t pose a risk to the financial system. Get the Full Story Complete the form to...

Quick Reads
Unregulated Crypto Poses Risks to Financial System, FSOC Report Says

October 03, 2022
The U.S. Department of the Treasury’s Financial Stability Oversight Council has reported that crypto-asset activities “could pose risks” to the U.S. financial system’s stability, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]

Japan Joins Chorus Of Regulators Worried About Libra

July 05, 2019
The Bank of Japan (BOJ), Japan’s central bank, has joined in with other regulators and officials around the world in its worry over Facebook’s proposed cryptocurrency Libra, according to reports. ...

Bank CEOs To Assure Congress The Financial System Is Stronger Now

April 09, 2019
The heads of some of the nation’s biggest banks will stress how much more secure the financial system is thanks to regulations following the Great Recession of 2008 and 2009...

US Banking Industry Had No Failures In 2018

January 10, 2019
U.S. banks had something to cheer about in 2018: Not one bank went under, putting a spotlight on the strength of the banking market. Get the Full Story Complete the...