by Bloomberg.com | Mar 27, 2024 | alerts, Markets/Economy
Banks exposed to falling property prices, regulator warns Investment real estate loans to get higher risk weighting Swiss banks face a “significant loss potential” in the event of corrections on property markets, financial regulator Finma said. Many lenders have a...
by Bloomberg.com | Mar 27, 2024 | alerts, Markets/Economy
Agency will look at ways to improve cross-agency coordination Gaps identified in capabilities of small firms versus large Artificial intelligence is making it easier for fraudsters to carry out more sophisticated attacks on financial firms, the Treasury...
by Bloomberg.com | Mar 27, 2024 | alerts, Markets/Economy
Fisker Inc. dramatically reduced the price of the Ocean sport utility vehicle — its only model — as the electric-car maker struggles to stay in business. The biggest cut the US company is making applies to the top-end version of the Ocean, called Extreme. Fisker will...
by Bloomberg.com | Mar 26, 2024 | alerts, Markets/Economy
The company is raising capital through other avenues now The move follows the surprise retreat from a cloud arm listing Alibaba Group Holding Ltd. called off an initial public offering for its Cainiao logistics arm in Hong Kong, shelving a $1 billion-plus deal in a...
by Bloomberg.com | Mar 26, 2024 | alerts, Markets/Economy
New York Fed economists highlight risks from China policy China is overseeing a surge in industrial investment China’s effort to boost manufacturing and shore up the economy amid a real estate slump could put “meaningful upward pressure” on US inflation and push back...
