Any impact of higher borrowing costs is subtle, as many factors can determine the value of a practice
Jeffrey Schmid replaces Esther George, who retired in January
Deal volume ticked up, value surged on mega-deal strength
Banks' net interest income to suffer under financial and economic pressure, Fitch says
Declining loan growth, rising funding costs temper benefit of higher rates, Moody's says
Emerging markets faring better, thanks to their smaller pandemic responses
Impacts of tighter financial conditions, banking stress evident in Q1
Benchmark interest rate stays at minus 0.1%, taking a nimbler approach to keep financial markets stable
The ninth straight increase aims to stamp out painfully high inflation
The bank decided that the cost of waiting too long to raise rates outweighed the benefits