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Investors discussing debt strategies related to SRT tools with major US banks.
debt plans

US Banks Seek Clarity on Investor Debt Plans Amid SRT Tool Concerns

Major US banks like Goldman Sachs and Morgan Stanley are urging investors to disclose plans for additional debt investments in Significant Risk Transfer (SRT) tools, amid growing regulatory scrutin...

Financial StabilityU.S. Treasury Secretary Janet Yellen speaking confidently about the dollar's status.

Yellen Affirms Confidence in Dollar's Reserve Currency Status

U.S. Treasury Secretary Janet Yellen reassures the public regarding the dollar's stability as the global reserve currency, amidst a podium incident during her speech.

CBDCShaktikanta Das discussing CBDC potential for cross-border payments.

India's Central Bank Governor Discusses CBDC Potential for Cross-Border Payments

Shaktikanta Das, RBI Governor, highlights how central bank digital currencies (CBDCs) can enhance cross-border payments. India's move to adopt both wholesale and retail CBDCs aims to improve transa...

AIRBI Governor Shaktikanta Das discussing AI risks in finance.

RBI Raises Concerns Over AI's Impact on Financial Stability

The Reserve Bank of India (RBI) expresses concerns about AI's effects on financial stability. Governor Shaktikanta Das warns of risks like cyberattacks and system disruptions due to concentrated AI...

AIRBI Governor Shaktikanta Das discusses AI's impact on financial stability.

RBI Raises Alarm Over AI's Threat to Financial Stability

The Reserve Bank of India raised concerns about the impact of AI on financial stability, highlighting risks like systemic failure, cyberattacks, and data breaches. Similar warnings from the ECB and...

Central Bank Digital CurrencyShaktikanta Das discussing the potential of CBDCs for cross-border transactions.

India's Central Bank Governor Discusses Digital Currency Opportunities for Cross-Border Payments

Shaktikanta Das, the Governor of the Reserve Bank of India, highlighted the transformative potential of central bank digital currencies (CBDCs) for cross-border payments. India's initiative positio...