bank deposits

Facebook’s Libra Gambit Forces Washington’s Hand on Crypto Policy

Facebook’s Libra Gambit Forces Washington’s Hand on Crypto Policy

Facebook Inc.’s decision to create its own digital money –- with the grandiose ambition of establishing an alternative global financial system –- is jumpstarting a long simmering debate in Washington
Facebook Wants to Know If You’d Trust It With Your Money

Facebook Wants to Know If You’d Trust It With Your Money

The company’s new Libra cryptocurrency unveiled amid privacy concerns and regulatory pressure.
Lebanon Reserves Recovered After Hariri Crisis, Salameh Says

Lebanon Reserves Recovered After Hariri Crisis, Salameh Says

Lebanon’s foreign-currency reserves have recovered from the shock of Prime Minister Saad Hariri’s surprise resignation, proving the resiliency of the country’s financial system, Central Bank Governor
How China Is Getting Serious About Financial Risk

How China Is Getting Serious About Financial Risk

China is getting real about dangers in its financial system.

Lebanon's Central Banker Says Worst May Be Over in Latest Crisis

Lebanon’s central bank Governor Riad Salameh said the country’s financial system will be able to withstand the latest political crisis with no special measures or initiatives from the regulator,
Was Modi's Grand Cash Ban a Big Waste of Time?

Was Modi's Grand Cash Ban a Big Waste of Time?

Corruption, black money, terrorism, fake currency -- Prime Minister Narendra Modi resolved to eliminate all in one stroke when he announced India’s biggest-ever cash ban on Nov. 8 last year.