February 25, 2021/US Federal Reserve Credit risk for large, syndicated loans has increased over the last year, according to the 2020 Shared National Credit (SNC) Review released by federal bank regulatory agencies today. The elevated risk is largely attributed to the effects of COVD-19. While risk has increased, many agent […]
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Themistocles and the Mathematicians: The Role of Stress Testing
Vice Chair for Supervision Randal K. Quarles At the Federal Reserve Bank of Atlanta, Atlanta, Georgia February 25, 2021/US Federal Reserve One of the principal themes of human history—and certainly of economic history—is that of a sudden technological breakthrough originally deployed for one purpose being gradually refined over time until […]
HRH Prince Mohammed bin Salman announces Soudah Development Company
● Investment of USD 3 billion in torism infrastructure and attractions to create a world-class mountain destination, in the Asir region. ● Planned developments include 2,700 hotel rooms, 1,300 residential units, and 30 unique commercial and entertainment attractions by 2030. ● The company aims to attract over 2 million visitors […]
