[태그:] banks

Central banks globally have been raising interest prices to tame surging inflation. The US Federal Reserve is expected to raise rates by a fourth 75 basis point move subsequent month. HSBC, Europe’s biggest lender, stated profit just before tax in the third quarter plunged by about 42 per cent due to increasing credit losses and impairments, even as its net interest earnings soared on increasing borrowing fees globally. To complicate…Read More