china yuan digital currency Top stories

2024-12-14 00:01:32

CEO of Bank of America: The prospect is "stable and positive".Schneider, former CEO of Nestle, was nominated to join the supervisory board of Siemens.Yizi International's share price rose 3.8% at the opening, while Hershey's share price fell 5%.


The Nasdaq index just broke through the 19900.00 mark, and the latest report was 19900.89, up 1.09% in the day.The US Supreme Court dismissed the securities fraud lawsuit filed by shareholders against NVIDIA (NVDA.O).Commercial banks speed up the disposal of bad personal loans, and AMC plays a channel role. With the accelerated disposal of bad retail credit assets by commercial banks, the market size of bad personal loans has gradually grown, and there are hundreds of bad assets announcements listed and transferred in Yindeng Center, involving personal consumption and business loans, credit card overdrafts, etc. In order to improve the quality and efficiency of personal loan non-performing assets disposal, banks have also accelerated organizational restructuring and staffing accordingly, abandoned the past model of simply docking asset management companies (AMC) and chose to actively promote non-performing assets to connect the upstream and downstream of the industry, so as to improve the transfer efficiency of personal loan non-performing assets. Industry insiders told reporters that the personal loan NPL market is accelerating, but there are also problems such as low transfer efficiency and limited profit space. At present, the mainstream model is that banks seek reliable unlicensed private institutions to dispose of personal loan NPLs through AMC, and AMC earns channel fees, and the disposal institutions earn excess income, usually at an annual rate of 8%~10%. (CBN)


Mackler, Governor of the Bank of Canada: As expected, the high housing inflation continued to ease, and the downward pressure of commodity prices on inflation eased.The Bank of Canada's statement no longer mentions that it is reasonable to expect further interest rate cuts if the economic development is consistent with the forecast. The need for further interest rate cuts will be assessed and a decision will be made one by one.The yield of Italian 10-year government bonds fell to the lowest level since mid-August 2022, at 3.162%.

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