Gen Z is grappling with financial difficulties due to high living costs and stagnant wages, leading many to move back in with their parents as they struggle to cover basic expenses. The discussion, led by presenter Stefanie Dekker with guests Jamie Lynch and Rumi Robinson, questions the implications for their financial future and challenges the perception that this generation is lazy.
Need More Context? 🔎
Brussels proposes revamp of controversial securitisation rules
The European Commission has proposed revisions to EU debt securitisation rules to reduce capital charges for banks and streamline regulations, aiming to invigorate the securitisation market and boost economic competitiveness. While the changes, including lowering risk weights and simplifying investor obligations, are intended to enhance funding availability, critics argue they may compromise financial stability and international standards established post-2008 crisis. Need More Context? 🔎
Read more