As Xi Jinping and the Communist Party further exercise control over the economy, the financial sector is coming under close scrutiny.
Tag: Banking and Financial Institutions
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Still Going Fast, Inflation Changes Drivers
Two years ago, high inflation was about supply shortages and pricier goods. Then it was about war in Ukraine and energy. These days, services are key.
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Still Going Fast, Inflation Changes Drivers
Two years ago, high inflation was about supply shortages and pricier goods. Then it was about war in Ukraine and energy. These days, services are key.
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First Republic Lurches as It Struggles to Find a Savior
The bank is sitting on big losses and paying more to borrow money than it is making on its loans to homeowners and businesses.
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First Republic Bank Enters New Free Fall as Concerns Mount
The bank’s shares fell by about 50 percent on Tuesday, a day after it said customers had pulled $100 billion in deposits in the first quarter.