AGP Executive Report
Last update: 2 hours agoFed Watch: Markets price a roughly 1-in-3 chance of a July rate hike at the Fed’s late-month meeting as policymakers stress inflation risks. ECB Policy: ECB President Lagarde says the central bank will discuss raising banks’ minimum reserve requirements, a move that could reduce ECB losses and tighten liquidity buffers. Banking Appointments: Peapack Private Bank & Trust hires Leonard Carraturo as Senior Managing Director, Commercial Private Banker, expanding middle-market and healthcare lending coverage. Housing Credit: KPMG analysis says mortgage lending is still the main driver of credit growth, with arrears rising but staying below past stress peaks. Central Bank Liquidity: Federal Home Loan Bank of Atlanta reports Q2 operating highlights and declares a dividend, while noting continued liquidity support via advances. Crypto Market Infrastructure: Uniswap launches permissioned pools to let regulated token issuers trade on an AMM with approved wallets only. Sanctions Impact: The EU approves its 21st Russia sanctions package, adding banks and crypto operators and expanding SWIFT-linked restrictions. Digital Banking Expansion: MariBank in the Philippines secures a BSP digital banking license, upgrading from a rural bank model. Payments & Data: A payments industry survey highlights that data access—not skills—remains the biggest blocker to using real-time decision data.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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