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                                        <title>Banking | MalaysiaNow</title>
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                                        <description>News, views and insights into Malaysian current affairs.</description>
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                                <title><![CDATA[ China needs more than cheaper mortgages to revive spending ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/09/08/china-needs-more-than-cheaper-mortgages-to-revive-spending</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Fri, 08 Sep 2023 01:56:00 GMT</pubDate>
                                <description><![CDATA[ China has said it will cut interest rates on existing mortgages and ease rules for first-time buyers in big cities, in what the central bank and financial regulators jointly say are moves 'conducive to expanding consumption.' ]]></description>
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                                <title><![CDATA[ Crypto firms scramble for banking partners as willing lenders dwindle ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/04/20/crypto-firms-scramble-for-banking-partners-as-willing-lenders-dwindle</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Thu, 20 Apr 2023 00:15:00 GMT</pubDate>
                                <description><![CDATA[ Several top banks are currently turning most potential crypto-related customers away, while others say they are only working with top-tier firms - policies that most say are unchanged from their historical positions. ]]></description>
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                                <title><![CDATA[ Japan inflation seen persisting, export slowdown to push up trade deficit ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/04/14/japan-inflation-seen-persisting-export-slowdown-to-push-up-trade-deficit</link>
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                                <pubDate>Fri, 14 Apr 2023 08:18:00 GMT</pubDate>
                                <description><![CDATA[ Speculation is rife that the Bank of Japan may tweak its bond yield control, or ditch it altogether, sooner or later under new Bank of Japan Governor Kazuo Ueda, who took the helm at the bank earlier this month. ]]></description>
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                                <title><![CDATA[ IMF warns deeper financial turmoil would slam global growth ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/04/12/imf-warns-deeper-financial-turmoil-would-slam-global-growth</link>
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                                <pubDate>Wed, 12 Apr 2023 00:45:00 GMT</pubDate>
                                <description><![CDATA[ The IMF says that banking system contagion risks are contained by strong policy actions after the failures of two US regional banks and the forced merger of Credit Suisse. ]]></description>
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                                <title><![CDATA[ German banks hit by wave of complaints from savers ]]></title>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Thu, 06 Apr 2023 05:43:00 GMT</pubDate>
                                <description><![CDATA[ BaFin, Germany's financial watchdog, has been increasing its focus on consumer protection in the wake of the collapse of Wirecard, the blue-chip payment company that folded in an accounting scandal. ]]></description>
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                                <title><![CDATA[ Germans shun deposits abroad on fear of new crisis ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/03/31/germans-shun-deposits-abroad-on-fear-of-new-crisis</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Fri, 31 Mar 2023 00:45:00 GMT</pubDate>
                                <description><![CDATA[ German households have been seeking for higher returns on their cash by opening deposits online at small banks in weaker economies such as Lithuania, Malta, Italy and Portugal. ]]></description>
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                                <title><![CDATA[ Four bankers who helped Putin's friend set up Swiss bank account convicted ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/03/30/four-bankers-who-helped-putins-friend-set-up-swiss-bank-account-convicted</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Thu, 30 Mar 2023 09:20:00 GMT</pubDate>
                                <description><![CDATA[ The men, who cannot be identified under Swiss reporting restrictions, were found guilty at a hearing at Zurich District Court and were given suspended fines totaling hundreds of thousands of Swiss francs. ]]></description>
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                                <title><![CDATA[ 'Most vulnerable' US banks lost US$1 trillion in deposits in a year ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/03/24/most-vulnerable-us-banks-lost-us1-trillion-in-deposits-in-a-year</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Fri, 24 Mar 2023 00:15:00 GMT</pubDate>
                                <description><![CDATA[ Out of the US$1 trillion in deposits that were pulled out of the most vulnerable US lenders, half went to government money market funds, while the other half landed at larger US banks, analysts say. ]]></description>
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                                <title><![CDATA[ Big money captivated by banking drama as investors brace for more turmoil ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/03/20/big-money-captivated-by-banking-drama-as-investors-brace-for-more-turmoil</link>
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                                <pubDate>Mon, 20 Mar 2023 04:23:00 GMT</pubDate>
                                <description><![CDATA[ Some investors, including a large mutual fund group that also runs a hedge fund, said prospects for banks had gotten progressively worse in recent months given the economic outlook. ]]></description>
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                                <title><![CDATA[ Credit Suisse says key liquidity measure did not change the week SVB fell ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/03/17/credit-suisse-says-key-liquidity-measure-did-not-change-the-week-svb-fell</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Fri, 17 Mar 2023 02:06:00 GMT</pubDate>
                                <description><![CDATA[ Following a crisis that wiped 25% off the value of Credit Suisse shares, the bank sought a liquidity line from the Swiss National Bank in the first such move for a global lender since the financial crisis of 2008. ]]></description>
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