Tag: Banks (NEC)
Global banking system is stable amid crisis, US treasury secretary says – BBC News
US treasury secretary Janet Yellen offered reassurance that the banking system is stable in a speech to bankers in Washington. Yellen said the US government is prepared to help more banks if needed, saying their recent actions have demonstrated their “commitment to ensuring the banking system remains safe”. Fears were initially sparked when Swiss bank Credit Suisse was bought by rival UBS on Sunday. Please…
UK May Launch Digital Pound This Decade, Authorities Say
MOSCOW (Sputnik) – A digital pound is “likely to be needed in the future,” with the UK authorities likely to decide on its introduction in the second half of this decade, the UK Treasury and the Bank of England said on Tuesday. The post UK May Launch Digital Pound This Decade, Authorities Say appeared first on .