Mark Carney, Chairman of the Financial Stability Board, said banks had infused fresh capital amount to half a trillion dollars since 2009.
Tags: Mark Carney
Ex-Bank of Canada Chief Mark Carney Set to Become Next Prime Minister
Mark Carney, former Bank of Canada chief, wins Liberal Party leadership and is set to become Canada's next prime minister amid US trade tensions.
BoE Warns Over Post Brexit Economic Crisis, Majority Economists Also Presume Same Consequences
Just after two days of IMF cautions, BoE has warned over blink economic outlook in post-Brexit era. Prior to that BoE governor has described Brexit as the biggest domestic financial stability risk. BoE and its governor have drawn criticisms from the pro-Brexit campaigners following clear stance against leaving EU.
Bank of England is Predicted to Keep Interest Rate Low in Fear of Brexit
In fear of Brexit, economists predicted British central bank will keep its interest rate low. While Bank of England Governor Mark Carney warned that Brexit will damage British financial stability.
Fintech Startup Will Change Global Finance as Regulators Closely Watch
Year 2015 was dubbed as year of fintech. As financial technology startup companies flourish and gain huge fund. Global regulators are closely monitoring the fintech startups and will propose rules to regulate them.
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The Bank of England's record low interest rates were doubted after an unexpected dissent from its policymaker and its robust jobs data.
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