FinancialRisk

Credit Risks Loom for Research Universities Amid NIH Funding Cuts

2 months ago

In an alarming turn of events, several leading research universities in the United States are facing significant financial uncertainty due to proposed budget cuts from the National Institutes of Health (NIH). This situation is sparking widespread concern regarding the long-term impacts on research initiatives and university operations.

Goldman Sachs Sounds Alarm on Default Risks in Europe’s Most Vulnerable Bonds

3 months ago

In a recent analysis, Goldman Sachs has raised concerns about the increasing likelihood of default among certain high-risk bonds in Europe. The financial giant's warning comes as the region grapples with economic challenges, including rising interest rates and persistently high inflation levels that threaten the stability of various sectors.

Federal Reserve Exits Global Climate Coalition, Sparking Debate on Sustainability Commitment

3 months ago

In a surprising move that has sent shockwaves through financial and environmental circles, the Federal Reserve has officially withdrawn from a prominent global coalition focused on climate change initiatives. This decision has ignited discussions surrounding the future of sustainability efforts and the role of central banks in combating climate-related issues.

Poland's Central Bank Urges Financial Institutions to Evaluate Climate Change Risks

4 months ago

In a significant move towards enhancing sustainability in the financial sector, the National Bank of Poland (NBP) has formally called upon domestic banks to conduct thorough assessments of climate change risks. This directive underscores growing global concerns regarding the potential impact of environmental factors on financial stability.

Israeli Central Bank Cautions Lenders on Rising Risks in Mortgage and Construction Sectors

6 months ago

The Bank of Israel has issued a stern warning to financial institutions regarding the increased risks associated with mortgage lending and construction activities in the current economic climate. This advisory aims to mitigate potential vulnerabilities within the housing market as residential construction has seen a marked decline.

Sports Betting Apps: More Toxic Than You Can Imagine

7 months ago

In a recent exposé, Bloomberg takes a deep dive into the insidious world of sports betting apps and finds a darker side than many users of this burgeoning industry might realize.