Banking
Reserve Bank of Australia Sees More Building Insolvencies
The Reserve Bank of Australia has issued a warning that more bankruptcies in the home building sector are inevitable as builders struggle with escalating prices. Due to a sharp increase in expenses, as well as labour and material constraints...
Banking
Spain To Ensure Financial Services Access In Remote Places
The Spanish government and banks came to an agreement on a plan of action on October 7thย to ensure financial services to sparsely inhabited rural villages and to mitigate the effects of growing mortgage rates on the most vulnerable.
Every Spanish...
News
U.S. Treasury Promotes New Crypto Regulatory Legislation
Top financial regulators from the Financial Stability Oversight Council (FSOC), a U.S. regulatory body, recommended to Congress on October 3rdย that it pass legislation that addresses the risks that digital assets pose to the financial system, including initiatives to strengthen...
Insurance
CMS Slashes The Medicare Advantage Premiums For Next Year
Medicare Advantage and Part D prescription medication plan rates will be reduced for beneficiaries in 2023. The average price for Medicare Advantage plans in 2023 is anticipated to be $18, a drop of over 8% from the average premium...
News
Banks In The US Utilise Automation To Increase Efficiency
According to VP analyst at Gartner, Saikat Ray,ย executives across sectors are looking to automation to achieve cost minimization and increased productivity goals, as reported by CIO Dive in August. By the end of 2022, the market for robotic process...
Financing
Global Dealmaking Shrinks As Finance Sector Bottoms Out
Global M&A decreased for the third straight quarter as lenders withdrew from large acquisitions due to rising interest rates, and the strong currency failed to entice American businesses to acquire overseas targets despite ongoing geopolitical tensions.
The slowdown in worldwide...
Financing
$90 Million From CDC To Combat The Communicable Diseases
Five state public health departments will receive $90 million from the Centers for Disease Control and Prevention over the next five years to develop a network of pathogen genomics centres of excellence.
In order to analyse the gaps, needs, and...
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