News

The 31st annual survey of reserve managers was conducted between May and June by UBS of what the bank said were “close to 40” ...
Ripple has selected Bank of New York Mellon as the primary custodian for the reserves supporting its U.S. dollar-pegged ...
Central banks across major developed economies in September delivered no rate hikes for the first time since January 2022 while emerging markets extended their split between easing in Latin ...
President Donald Trump’s on-again, off-again feud with Federal Reserve Chairman Jerome Powell has market observers ...
More than 200 central banks and other foreign entities like sovereign wealth funds keep Treasuries and other assets in the ...
All 22 banks that participated in the Federal Reserve’s stress test passed, although it was less stringent than past years.
Bank of America pledged $1 million to support relief and recovery efforts after devastating floods impacted Central Texas ...
Bank of America has raised its outlook on gold, setting a much higher price target for next year. Right now, gold trades near $3,330 per ounce, up more than 40% over the past year.
In President Donald Trump’s volatile trade war, the Federal Reserve may face the difficult choice of saving jobs or fighting inflation. But if push comes to shove, the central bank would likely ...