BIS international - The BIS locational banking statistics (LBS) show that banks' cross-border claims expanded by $782 billion during the second quarter of 2022
The Federal Reserve Board on Thursday announced it has fined the Goldman Sachs Group, Inc. $154 million for the firm’s failure to maintain appropriate oversight, internal controls, and risk management with respect to Goldman’s involvement in a far-reaching scheme to defraud a Malaysian state-owned investment and development company, 1Malaysia Development Berhad (1MDB). In 2012 and
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Claudio Borio spoke at the Barclays 24th Annual Global Inflation Conference, concluding that inflation is not dead, just in hibernation.
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Cross-border claims contracted by $1.1 trillion from Q1 to Q2 2020. The year-on-year growth rate dropped from 10% at end-March to 5% at end-June 2020. Interbank claims, which had surged in the first quarter, fell sharply, driving the overall contraction.
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Leaps by Bayer, the impact investment arm of Bayer AG, today announced a USD 8 million financial investment in US-based clinical-stage medical dermatology biotech company Azitra Inc.
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