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Tag: interest rate


Activity, Corporate Banking

Bluevine rolls out high-yield interest rate for SMBs

November 8, 2023

Via: Banking Dive

Bluevine on Wednesday announced the launch of Bluevine Premier, a high-yield checking account for small-business owners that offers a 4.25% annual percentage rate on balances up to $3 million. The offering pairs a high return with cash flow flexibility, two […]


Capital and Risk, Credit

Mitigating Commercial Lending Rate Reset Risk Through Hedging

July 25, 2023

Via: Bank Director

Today’s elevated interest-rate environment is challenging banks with managing their interest-rate risk while meeting the needs of their customers, especially commercial borrowers. With interest rates constantly fluctuating, navigating these complexities to stay competitive and protect relationships may seem difficult. But […]


Regulations

SVB Financial sues FDIC to recover $1.9B

July 10, 2023

Via: Banking Dive

SVB Financial Group is suing the Federal Deposit Insurance Corp. to recover around $1.9 billion in cash the regulator seized after taking over failed Silicon Valley Bank in March, according to a complaint filed Sunday. The suit claims the lack […]


News

Five Actions That Bank Directors Can Take Now

April 4, 2023

Via: Bank Director

Recent stress in the banking sector continues to affect the operations and financial positions of banks in the U.S. While executive management teams analyze events and take actions to address the needs of their institutions and customers, there are important […]


Capital and Risk, Liquidity

Gold Gains After Fed’s Dovish Hike Reinforces Bullish Trend, Breakout in Play

March 23, 2023

Via: DailyFX

Gold prices surged on Thursday amid U.S. dollar weakness after the FOMC delivered a dovish interest rate hike and signaled that its tightening campaign may be nearing its end. In late morning trading, XAU/USD was rallying about 1% to $1,986, […]


News

Contractionary Monetary Policy: What is it and How Does it Work?

June 17, 2022

Via: DailyFX

Contractionary monetary policy is the process whereby a central bank deploys various tools to lower inflation and the general level of economic activity. Central banks do so through a combination of interest rate hikes, raising the reserve requirements for commercial […]


Capital and Risk, Macroeconomic

Citi CFO sees support for more Fed moves to stave off inflation

June 14, 2022

Via: Banking Dive

Prices for shelter, gas and food all rose in May following an April decline, with overall inflation increasing rapidly past expectations, damping hopes that inflation had peaked and intensifying fears of a recession. Mason’s comments come on the heels of […]


Capital and Risk, Liquidity

Central Bank Watch: BOE & ECB Interest Rate Expectations Update

May 17, 2022

Via: DailyFX

In this edition of Central Bank Watch, we’ll cover the two major central banks in Europe: the Bank of England and the European Central Bank. There’s been somewhat of a divergence between the BOE and ECB in recent weeks, where […]


Capital and Risk, Credit

Credit unions seek injunction blocking enforcement of NY law reducing debt judgment interest rate

April 15, 2022

Via: JD Supra

Three credit unions have filed a federal class action lawsuit in the Southern District of New York seeking to halt the enforcement or implementation of New York’s recently passed S.B. 5724A which would retroactively and prospectively lower the statutory annual […]


Capital and Risk, Macroeconomic

Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; January Fed Meeting Preview

January 25, 2022

Via: DailyFX

In this edition of Central Bank Watch, we’ll review comments and speeches made by various Federal Reserve policymakers in the week ahead the communications blackout window around the January Fed meeting ended. The blackout started on Saturday, January 15, leaving […]


Regulations

Brexit forces interest-rate derivatives trading shift to US

January 27, 2021

Via: FinTech Futures

This trading shift is dealing a blow to the City of London, highlighting the importance for the UK of reaching a post-Brexit agreement on financial regulation with the EU. The International Financial Review (IFR) reports that volumes of euro interest-rate […]


Capital and Risk, Liquidity

Fed’s Bostic sees possible interest rate hike as soon as the second half of next year

January 11, 2021

Via: CNBC

Interest rates could rise sooner than forecast as the economy recovers more quickly than expected from the throes of the Covid-19 damage, Atlanta Federal Reserve President Raphael Bostic said Monday. While most of his colleagues don’t see a rate hike […]


Capital and Risk, Credit

Weekly mortgage applications tank 29% as coronavirus sidelines homebuyers

March 25, 2020

Via: CNBC

An increase in interest rates, combined with a massive shutdown of the economy caused homeowners and potential homebuyers to back away from the mortgage market. Total mortgage application volume fell 29.4% last week from the previous week, according to the […]


Regulations

FCA stirs up competition for banks’ easy access saver accounts

January 10, 2020

Via: Banking Technology

After 12 months of offering multiple introductory rates, banks will then have to decide on one single easy access rate (SEAR) for their easy access cash savings accounts, and one for their easy access cash savings ISAs. The regulator says […]


Activity, Corporate Banking

BofA Agents $2.5B Revolver for Equity Residential

November 5, 2019

Via: ABF Journal

Equity Residential entered into a $2.5 billion multi-currency revolving credit facility, replacing its existing $2 billion credit agreement. The new facility matures on November 1, 2024, and can be extended or increased, subject to lender consent and customary conditions. The […]


Capital and Risk, Credit

After the brokerage commission wars, interest rates may be the next finance battleground

October 22, 2019

Via: CNBC

After shaking up trading commissions, fintech companies are looking at a new Wall Street area to disrupt: interest rates. A wave of fintech companies are now offering a 2% or higher rate, which is more than 20 times the national […]


Capital and Risk, Liquidity, Macroeconomic

Investors want a Fed rate cut before economy turns: ‘Risk becomes greater the longer you wait’

June 4, 2019

Via: CNBC

If the Federal Reserve meets market expectations and cuts interest rates this year, it would be more to assuage flagging confidence than it would be to address any particular ill. After all, most of the signs for the economy remain […]


Capital and Risk, Macroeconomic

Fed’s Williams says policymakers need to better prepare for a lower interest rate world

May 14, 2019

Via: CNBC

Torturously slow recoveries from recessions and low inflation are here to stay unless policymakers can get a better grip on how to stabilize the global economy in an era of lower interest rates, a top Federal Reserve policymaker said on […]


Activity, Trading

5 Bank Stocks to Bet On Despite Fewer Rate Hikes in 2019

December 20, 2018

Via: Yahoo

The widely expected interest rate hike was announced at the end of the two-day Federal Reserve Open Market Committee (FOMC) meeting yesterday. The federal funds rate, increased for the fourth time this year, now stands at 2.25-2.50%. Despite this, majority […]