Questions tagged [banking]
Questions about political interactions with banks and payment service providers. For questions about central banks, please use the [central-bank] tag instead.
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Are there many high level political appointees who have served two countries in quick succession?
Stanley Fischer was the 8th governor of the Bank of Israel. His tenure ended in 2013.
Very soon afterwards, he was appointed the Vice Chair of the (US) Federal Reserve, holding this post from 2014 to ...
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Has any government published a cost benefit analysis on KYC regulations in terms of frequency of data loss?
Most countries require people to provide a significant amount of personal data to providers of financial services before you are able to make use of them. This is know as Know Your Customer (KYC) ...
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UK budget and the financial services industry
A few days ago the BBC reported https://www.bbc.co.uk/news/business-66897881 on the disastrous mini budget of the Kwarteng/Truss era, and included this:
Economically, the UK has long enjoyed a ...
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What exactly was Russia supposed to get as part of the Black Sea Grain Initiative?
The Black Sea Grain Initiative, was brokered in July of 2022 by Turkey (and the UN?), and involved Russia, Ukraine and other world states. Russia has recently (July 2023) allowed the deal to expire ...
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Can governments avoid being trapped between the choice to let a big bank fail or increase banking concentration?
The too big to fail situation in the banking system has been criticised multiple times, but banking concentration in the US and Europe is still rising. The problem is not only the systemic risk, but ...
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Why didn't Silicon Valley Bank ask for a loan from the Fed as the lender of last resort?
Why didn't Silicon Valley Bank (SVB) ask for a loan from the Federal Reserve as the lender of last resort?
Why did they, in order to give customers cash for withdrawals from deposit accounts, sell ...
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Was Silicon Valley Bank's failure due to "Trump-era deregulation", and/or do Democrats share blame for it?
In CNN's March 13 2023 State of the Union clip Expert advises all depositors to get their money out of collapsed bank after 05:58, CNN's Kaitlan Collins introduces US Senator Elizabeth Warren's tweet:
...
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Why is the ongoing auction for Silicon Valley Bank started held privately (vs. publicly)?
I read on Regulators Hold Auction for Silicon Valley Bank (The Wall Street Journal):
Treasury officials confirmed the auction to lawmakers and staff on a call Sunday afternoon, according to people ...
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Does the Federal Reserve insure the money of all depositors?
Banking institutions in the United States are required to hold
reserves—amounts of currency and deposits in other banks—equal to
only a fraction of the amount of the bank's deposit liabilities ...
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Does the U.S. administration welcome the use of alternative financial system to the SWIFT?
SWIFT (the Society for Worldwide Interbank Financial Telecommunication) is a global payments system that is used internationally to inter-connect banks and for the execution of financial transactions ...
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To what extent does China need the SWIFT system?
To what extent does China need the SWIFT system?
Some commentators have said that the U.S. might be considering banning China from the SWIFT system were they to support Russia with military aid. My ...
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Bank and state cooperation in green transition: What is the political nature of this alliance?
Are there any political scientists addressing the relationship between banks and states in the era of climate change?
I know this is a broad topic and I would assume I could easily find research ...
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Why is confidence in U.S. banking at 27%?
"Gallup first measured confidence in institutions in 1973 and has done so annually since 1993. This year's survey was conducted June 1-20.": "Now I am going to read you a list of ...
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Has China's deposit insurance been used to pay claims since adoption (seemingly in 2015)?
I've read this CNN article on protests against Chinese banks "freezing" their customers' deposits for months (and watched the video inside too), but there's no mention of any deposit ...
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Has Russia actually defaulted on its foreign debt as of April 11, 2022?
An article from CNN starts out by stating that Russia "has defaulted on its foreign debt", but then appears to qualify the statement by observing that "Moscow has a grace period of 30 ...
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