Chris Wilgoss, Head of Markets Treasury at Crown Agents Bank comments on the Federal Reserve’s aggressive rate hike push
In March, the Federal Reserve's newly released rate hike projections boosted the likelihood that the Treasury yield curve could soon invert, a key signal that a recession is near. Our Head of Markets Treasury comments on what the central bank’s rate hike push means for the economy in S&P Global.
Can fintech really be a force for good? Whether its blockchain, cryptocurrency or even simply advances in online banking, financial services and technology have become irreversibly linked. Fintech companies have brought much-needed disruption to the financial world, redefining banking and financial services, but this rapid disruption has also led to many financial organisations feeling the need to play catch-up, putting innovation and profit above the needs of the end user.
Our mission is to move money where it’s needed. B Corp Certification, and B Lab’s mission to transform the economic system into one that is inclusive, equitable, and regenerative, was therefore a natural fit.
It’s been estimated that by 2027, the value of cross-border payments will have risen $100 trillion in the previous decade thanks to, in part, rapid expansion of supply chains across borders, international trade and e-commerce and international remittances.