Freddie Mac has released the results of its Primary Mortgage Market Survey, showing the 30-year fixed-rate mortgage (FRM) averaged 6.42%.
Fortifying Foundations- Harnessing Innovations – Yogesh Sangle
In this video, which is part of the payment leadership series, Babu Nair, Founder & MD of Financial Technology Frontiers, discusses with Yogesh Sangle, Global Head of Consumer Business at NIUM,
Digital Pilipinas – Engaging Global Facilitating Glocal – Amor Maclang
Amor Maclang, convener of the Philippines Fintech Festival and head of Digital Pilipinas, discusses with Babu Nair, founder of Banking Frontiers and Financial Technology Frontiers, about the marvelous growth opportunities in the fintech sector. She highlights the inspiring work of building newer communities and engaging in global alliances to support the growth of
fintechs from the Philippines and global players in the country. Maclang also shares insights on the in-demand technologies and areas requiring more innovations, as well as the association’s efforts to work with regulators and the government to create a conducive environment for fintechs.
Keep watching for more insights!
Bank of America announces redemption of Senior Notes due April 2024
Bank of America, Citigroup, JPMorgan Chase and Wells Fargo have announced that they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY Mellon, PNC Bank, State Street, Truist, and U.S. Bank are each making an uninsured deposit of $1 billion, for a total deposit from the eleven banks of $30 billion.
Coordinated central bank action to enhance the provision of US dollar liquidity
Bank of America, Citigroup, JPMorgan Chase and Wells Fargo have announced that they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY Mellon, PNC Bank, State Street, Truist, and U.S. Bank are each making an uninsured deposit of $1 billion, for a total deposit from the eleven banks of $30 billion.
SNB provides liquidity to support UBS’s takeover of Credit Suisse
Bank of America, Citigroup, JPMorgan Chase and Wells Fargo have announced that they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY Mellon, PNC Bank, State Street, Truist, and U.S. Bank are each making an uninsured deposit of $1 billion, for a total deposit from the eleven banks of $30 billion.
Bank of America, other banks to make $30bn uninsured deposits into First Republic Bank
Bank of America, Citigroup, JPMorgan Chase and Wells Fargo have announced that they are each making a $5 billion uninsured deposit into First Republic Bank. Goldman Sachs and Morgan Stanley are each making an uninsured deposit of $2.5 billion, and BNY Mellon, PNC Bank, State Street, Truist, and U.S. Bank are each making an uninsured deposit of $1 billion, for a total deposit from the eleven banks of $30 billion.
Andréa M Maechler appointed as BIS Deputy General Manager
Bank of Canada has announced the appointment of Nicolas Vincent as the bank’s new external, non-executive Deputy Governor for a term of two years, effective March 13, 2023. Vincent’s appointment fills the vacancy created by the departure of Timothy Lane in September 2022.
Freddie Mac Multifamily Apartment Investment Market Index continues to fall in Q4
Bank of Canada has announced the appointment of Nicolas Vincent as the bank’s new external, non-executive Deputy Governor for a term of two years, effective March 13, 2023. Vincent’s appointment fills the vacancy created by the departure of Timothy Lane in September 2022.
US Bancorp announces Quarterly Dividends
Bank of Canada has announced the appointment of Nicolas Vincent as the bank’s new external, non-executive Deputy Governor for a term of two years, effective March 13, 2023. Vincent’s appointment fills the vacancy created by the departure of Timothy Lane in September 2022.

