Closed investment company Equity for Growth (Securities) has been publicly censured by the UK financial markets watchdog for approving misleading financial promotions that failed to disclose large commission p... (more story)

China is moving to expand the use of corporate and public data in technology finance as part of a broader effort to improve funding for innovation-driven companies. A data catalog will be developed to help ban... (more story)

Goldman Sachs walked away from a lucrative power plant deal in Ghana after its client, a Turkish energy company, wouldn't address red flags concerning its local partner, an executive of the investment bank tes... (more story)

Banks and insurers in Germany have been cautioned over their use of artificial intelligence as the country’s financial regulator warned of multimillion-euro fines for shortcomings. An official at BaFin said th... (more story)

A former Goldman Sachs banker bribed officials in Ghana to help a client win a contract to build a power plant, US prosecutors said Tuesday at the start of his corruption trial, while the defense said the gove... (more story)

EY has been fined £1.2 million by the UK’s audit regulator over its work on collapsed furniture retailer Made.com. An audit engagement partner, Jule Carlyle was also fined £49,000 for her work on the company, ... (more story)

Hong Kong's banking sector remains largely unprepared for quantum computing security risks, with many institutions yet to establish formal governance or migration plans for post-quantum cryptography, according... (more story)

UK-headquartered fintech Wise has been denied a US banking license, due to concerns about its anti-money laundering defenses. The US banking regulator said it had doubts about the bank's ability to manage anti... (more story)