Total Household Debt Reaches $16.90 trillion in Q4 2022; Mortgage and Auto Loan Growth Slows

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Total Household Debt Reaches $16.90 trillion in Q4 2022; Mortgage and Auto Loan Growth Slows

Mortgage balances rose by $254 billion in the fourth quarter of 2022 and stood at $11.92 trillion at the end of December, marking a nearly $1 trillion increase in mortgage balances in 2022. Credit card balances increased …
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AIFMD II: Electric Boogaloo (The Drawdown)

The regulatory roadmap for 2023 includes reforms to the Alternative Investment Fund Management Directive (AIFMD II), which have recently been approved by the European Parliament’s Committee on Economic and Monetary Affairs (ECON).
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