The People’s Bank of China (PBOC) trimmed the amount of cash some banks must put aside as reserves as a way to encourage lending, as the world’s second-largest economy is set for the slowest growth since the 1970s. The PBOC plan is to trim the...
Google’s parent company Alphabet has surpassed Apple as the company with the biggest cash reserves in the world, according to a report by the Financial Times. The move comes as Apple has made a conscious decision to let go of some of its cash reserves,...
In response to mounting bad debt in the sector, the European Central Bank (ECB) will ask eurozone banks to put more cash aside to cover bad bank loans, according to a report in Reuters — and could request more measures to protect against it in the...
Corporate finance is breaking records with its M&A activity this year, thanks, in part, to rising cash reserves. But according to news reports on Thursday (Sept. 28) in The Financial Times, companies aren’t always entirely disclosing those cash piles, and it’s leading to heightened risks for those businesses....
April 03, 2020
The People’s Bank of China (PBOC) trimmed the amount of cash some banks must put aside as reserves as a way to encourage lending, as the world’s second-largest economy is set for the slowest growth since the 1970s. The PBOC plan is to trim the mandatory reserve ratio for rural and small commercial banks by […]
August 01, 2019
Google’s parent company Alphabet has surpassed Apple as the company with the biggest cash reserves in the world, according to a report by the Financial Times. The move comes as...
October 05, 2017
In response to mounting bad debt in the sector, the European Central Bank (ECB) will ask eurozone banks to put more cash aside to cover bad bank loans, according to...
