Most Recent Banking News

Forecast accuracy and efficiency at the Bank of England – and how forecast errors can be leveraged to do better – Bank Underground

Forecast accuracy and efficiency at the Bank of England – and how forecast errors can be leveraged to do better – Bank Underground

Derrick Kanngiesser and Tim Willems This post describes a systematic way for central banks to employ past forecasts (and associated...

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Using sectoral data to estimate the trend in aggregate wage growth – Bank Underground

Using sectoral data to estimate the trend in aggregate wage growth – Bank Underground

Tomas Key Nominal wage growth has increased markedly in the UK in recent years, reaching levels that haven’t been seen...

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‘No one length fits all’ – haircuts in the repo market – Bank Underground

‘No one length fits all’ – haircuts in the repo market – Bank Underground

Miruna-Daniela Ivan, Joshua Lillis, Eduardo Maqui and Carlos Cañon Salazar Funding markets are crucial for healthy and active financial institutions,...

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Comparison Sites – Pros & Cons

Comparison Sites – Pros & Cons

The UK has become a nation which is dependent on the data provided by comparison sites but is this such...

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The History of the Wirecard Scandal

The History of the Wirecard Scandal

In the UK thousands of Wirecard customers suddenly found themselves locked out of their online bank accounts, unable to pay...

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monetary policy works through aspirations – Bank Underground

monetary policy works through aspirations – Bank Underground

Tim Willems and Rick van der Ploeg Since the post-Covid rise in inflation has been accompanied by strong wage growth,...

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Cybersecurity Spring Cleaning Checklist 2023

Cybersecurity Spring Cleaning Checklist 2023

Union Bank Security Department March 10, 2023 Spring is a great time to review your digital footprint and ensure that...

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Cryptocurrency and Banking: Understanding the Connection – FinanceBUM

Cryptocurrency and Banking: Understanding the Connection – FinanceBUM

Cryptocurrency and banking may seem like two completely different financial worlds, but they are more connected than you may realize....

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Flow of funds and the UK real economy – Bank Underground

Flow of funds and the UK real economy – Bank Underground

Laura Achiro, Gerry Gunner and Neha Bora A flow of funds framework is a way of understanding and tracking the...

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Fighting Food Insecurity in Vermont and New Hampshire

Fighting Food Insecurity in Vermont and New Hampshire

With many pandemic-related food relief programs ending—including increased SNAP benefits and free school lunches—as well as rising inflation and food...

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