Quick EU bank prudential changes risk ‘race to bottom,’ Rubin says
September 08, 2026
| Fanny Roux
Almorò Rubin de Cervin, a senior European Commission official, on Tuesday rejected banks’ calls for immediate, targeted changes to EU prudential rules, warning that such moves could trigger a race to the botto... (more story)
Deutsche Bank settles multimillion-euro Monte dei Paschi lawsuit
September 07, 2026
| Martin Coyle
Deutsche Bank has settled a €152 million claim brought by a former senior executive who claimed his career was harmed by the lender’s involvement with Italian bank Monte dei Paschi di Siena. The former executi... (more story)
UK antitrust, financial watchdogs called together over growth plan
September 07, 2026
| Jon Menon
UK antitrust and financial watchdogs will be among 16 regulators set to meet this autumn as part of government efforts to cut red tape and spur economic growth. The UK's major regulators will be called togethe... (more story)
Stablecoins, tokenization speed transmission of global risk, IMF head says
September 04, 2026
| Neil Roland
Stablecoins and tokenization accelerate the transmission of global risks, calling for an internationally coordinated response that will be “a heavy lift given geopolitical fragmentation,” said the head of the ... (more story)
EU Basel III rules offset provision expected to pass scrutiny period unopposed
September 04, 2026
| Fanny Roux
An EU legal text allowing banks to use a temporary multiplier to offset capital increases under Basel III market risk rules is expected to pass its three-month scrutiny period by Sept. 5 without opposition fro... (more story)
US SEC proposes cancellation of 2010 'pay-to-play' rule
September 03, 2026
| Neil Roland
The US Securities and Exchange Commission proposed to retract its 2010 “pay-to-play” rule that prohibits investment advisers from providing paid services to a government client for two years after making a pol... (more story)
US SEC’s Atkins, GAO clash over request to remedy factor in banks’ 2023 collapse
September 03, 2026
| Neil Roland
US Securities and Exchange Commission Chair Paul Atkins and a nonpartisan congressional watchdog butted heads over a recommendation to address the failure of three banks in the spring of 2023. The Government A... (more story)
Banca Tercas suffered serious breach in state-aid probe, EU court says
September 03, 2026
| Anna Ferrari
The European Commission committed a serious breach of EU state aid rules when it wrongly classified support for Banca Tercas as unlawful aid, the EU’s top court has ruled. However, judges rejected BdM Banca's ... (more story)