Cryptocurrency firm Tether estimates it will make $700 million profit in the March quarter, taking its total excess reserves to over $1 billion, the company's technology chief told CNBC, revealing the ...

The Bank of Japan’s interest payments on excessive reserves reached a record high, underscoring the costs of policy normalization after it put an end to more than a decade of massive monetary stimulus ...

There has been much discussion about the large increase in reserves, and especially excess reserves, held by the nation’s banking system. Mostly this discussion is couched in terms of the increase in ...