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Wiserfunding, a London-based SME (small to medium-enterprise) credit intelligence platform, and Cardo AI, a Milan-based private debt investment management...

COVID loan forbearance championed by progressives has created a new, permanent class of distressed borrower, Whalen writes.

When managing financial imbalances, macroprudential policymakers face an intertemporal trade-off between facilitating short-term expected growth and containing medium-term downside risks to the economy. To help assess this trade-off, this column proposes a risk management framework which extends the well-known notion of growth-at-risk to consider the entire predictive real GDP

The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

Daily Times July 7, 2021 The State Bank of Pakistan (SBP) on Tuesday announced the implementation of the International Financial Reporting Standards 9 (IFRS 9) from January 01, 2022. In a statement, the SBP said that through Circular # 04, dated October 23, 2019, wherein the effective date of IFRS 9 implementation and its transition requirements were advised. However, keeping in view of Covid-19 impact and banking industry representations, it has been decided to implement the IFRS 9 from January 01, 2022 instead of its earlier implementation date of January 01, 2021. The central bank said tha...