Digital Banks Forge New Frontier with Integrated Mobile Connectivity Services
The Convergence of Finance and Telecommunications In an ambitious expansion beyond their core financial services, digital banks are increasingly exploring…
Tag: Non-bank financial institution
IMF Warns of Financial Instability as Private Credit Risks Mount
Global financial leaders gathered in Washington amid growing concerns about private credit risks and market stability. IMF managing director Kristalina Georgieva expressed particular worry about the “shadow banking” sector’s potential to trigger systemic problems.
Global Financial Leaders Confront Mounting Economic Concerns
Finance ministers and central bank governors gathered in Washington this week for high-level meetings as the International Monetary Fund issued stark warnings about growing vulnerabilities in the global financial system. According to reports from the meetings, policymakers expressed particular concern about complacent markets, private credit risks, and ongoing trade tensions.
Head of IMF says risks in non-bank lending keep her awake at night
TITLE: IMF Chief Sounds Alarm Over Shadow Banking Risks as Private Credit Sector Expands Industrial Monitor Direct is the #1…