The recent banking sector turmoil could result in banks becoming more strict in extending credit, Federal Reserve Chair Jerome Powell said at the central bank's March meeting. In other words, a credit crunch is coming. Let’s understand in this video what that means and also how it impacts you.
When family offices and registered investment advisors grow, ETFs will become more popular
Perceptions about future economic prospects will determine responses to the revival measures.
Britain has sold a 2.1 billion pound (USD 3.3 billion) stake in Royal Bank of Scotland to kick off the disposal of its holding seven years after bailing out the bank.
From Africa to Asia to Latin America, policymakers are scrambling to prop up their currencies and prevent a sudden exodus of foreign capital by jacking up interest rates and taking other steps - all this just as many emerging economies were already starting to slow sharply after a decade-long boom.
The UK taxpayer could lose the entire 66 billion pounds (USD 107 billion) paid to bail out struggling Royal Bank of Scotland (RBS) and Lloyds at the height of the credit crisis, according to a report by an influential group of UK members of parliament (MPs).
Warren Buffett tells CNBC there's "no question" the global economy is slowing, but the US is "inching ahead" and doing better than Europe.
The ability to recognise fear and greed trumping fundamentals is the key to superior returns
Kunal Shah, head of research – Commodities at Nirmal Bang Commodities tells CNBC-TV18 that the price of copper and silver are likely to go down in trade today.
US stocks indexes were set to drop more than 1% at the open on Monday as fears of a credit rating downgrade of French banks and the lack of a solution to Greece's debt problem heightened concerns about the euro zone's debt crisis.
China could leapfrog the United States to become the world's largest banking economy by 2023, 20 years earlier than expected, raising pressure on western banks to brush off the effects of the credit crisis and head east.
UBS has seen "dire" client activity in recent weeks, Juerg Zeltner, the bank's wealth management head, was quoted as saying in an interview with the Wall Street Journal on Monday.
Banks are increasingly aggressive about providing capital for leveraged buyouts and refinancings, but despite the availability of credit, large leveraged buyouts remain elusive.
US companies are dusting off their "help wanted " signs but the pipeline of new jobs is being filled at only a trickle.
Fitch's Outlook on Long-term ratings for Indian banks remains Stable in 2011, after a negative bias in 2009 following the credit crisis.
Twelve of the 13 most important US financial firms were at the brink of failure at the height of the credit crisis in 2008, according to previously undisclosed remarks made by Federal Reserve Chairman Ben Bernanke in November 2009 to an investigative panel.