As problems with the application process for Paycheck Protection Program (PPP) loans have subsided, banks should start bracing for another massive wave of unintended consequences.
Among the myriad challenges facing trading desks during the COVID-19 crisis is managing the huge number of “false positive” warnings from trade surveillance systems, triggered by massive swings in financial markets.
Among the myriad ways the COVID-19 crisis will reshape the global economy, the pandemic could alter the trajectory of the European corporate banking market.
Amid the unprecedented volatility sparked by the COVID-19 crisis, European regulators are watching the region’s financial market infrastructure closely to see how it performs under extreme stress.
Although it’s usually investment consultants who give advice to their clients, institutional investors have some advice of their own for consultants competing for their business.
With Congress deadlocked on a second round of funding, it’s unclear how and when these companies will receive money intended to help them stay in business and pay worker salaries.
The massive spike in volatility due to the COVID-19 pandemic and a nearly unprecedented climb in the value of the dollar has left market participants scrambling for cover.
Although workers in most industries are worried about having their jobs replaced by technology, the vast majority of financial professionals in capital markets say technology has actually enhanced their careers.
In the same way that COVID-19 social distancing rules have fueled an explosion in the use of video meeting, remote work requirements are triggering a huge spike in demand for digital banking services among companies across Asia.
Problems with the application process for SBA loans have shaken companies’ confidence that the new Paycheck Protection Program will deliver the funding they need in time to survive the COVID-19 crisis.