For any queries, please contact Customer Services or your Account Manager. Dismiss
Financial Services
Editor's Picks
-
South Korea's won crypto market 'highly concentrated' as Upbit holds sway, study finds
South Korea’s won-based crypto trading market has grown rapidly in recent years, but competition has narrowed sharply around a handful of exchanges led by Upbit, ac... (more story)
-
US FTC’s Ferguson defends case-by-case noncompete enforcement
US Federal Trade Commission Chairman Andrew Ferguson Tuesday defended his agency’s departure from noncompete rulemaking efforts during the Biden administration in f... (more story)
-
Lack of a ‘real Banking Union’ is the problem, not capital rules, ECB VP says
The biggest threat to European banks' competitiveness remains the fragmentation of the European market rather than the capital rules imposed by the bloc, said Europ... (more story)
Insight View More
The US Securities and Exchange Commission is considering loosening its 2023 central clearinghouse requirements for Treasury cash and repurchase agreements, Commissioner Mark Uyeda said. The changes, in respons... (more story)
A former executive at Bidstack and a “close friend” have been fined a total of £108,731 over insider trading in 2021 that involved the purchase of 1.3 million shares in the company, which places advertising wi... (more story)
The US House unanimously passed a bill requiring the Financial Stability Oversight Council to consider more direct means before designating nonbank firms for heightened supervision, including measures by the f... (more story)
Erebor, a Bitcoin-focused digital bank backed by billionaire investors Peter Thiel and Palmer Luckey, became the first national bank chartered by the second Trump administration, the US Office of the Comptroll... (more story)
Users of the UK bond consolidated tape — known as the CT — are set to be prevented from uploading tape data into public AI models, according to draft license terms discussed at an online event for prospective ... (more story)
The UK’s Financial Conduct Authority has pledged to begin publishing all trading for London-listed shares, to tackle an under-reporting of market liquidity that has driven major companies to move their listing... (more story)
The UK’s financial regulator should open an insider trading investigation into Peter Mandelson, a former UK minister and European Commissioner, over claims he leaked confidential information to Jeffrey Epstein... (more story)
KakaoPay has been ordered to pay roughly 13 billion won ($8.9 million) in administrative penalties in a new enforcement action, adding to sanctions already imposed by South Korea’s privacy regulator, after the... (more story)
Comment View More
Resilience, backed up by supervision, is the key to the European banking sector’s competitiveness, Patrick Montagner, a member of the European Central Bank supervisory board, has told MLex, hitting back agains... (more story)
Dassault Aviation will argue to EU judges on Tuesday that business aircraft were unlawfully excluded from the bloc’s green taxonomy. The case is significant in marking the first time a company has sought to ov... (more story)
The European Commission faces a challenging task weighing up the differing views of supervisors and banks on reforms to streamline the EU bank capital framework. They disagree on the impact of a bank's capital... (more story)
US Federal Trade Commission antitrust enforcers across the Biden and Trump administrations agree that employers’ pervasive use of unlawful restrictions on labor mobility are causing harm to workers, competitio... (more story)
A money laundering network that moved $39 million via withdrawals from automated teller machines in Colombia persisted for years at TD Bank in part because the lender didn’t identify the role its employees pla... (more story)
“What goes around comes around,” US Supreme Court Justice Brett Kavanaugh warned the government in its litigation defending the firing of Federal Reserve Governor Lisa Cook. “History is a pretty good guide," h... (more story)
President Donald Trump may have squandered his momentum in removing Democrats at independent agencies by taking on the independence of the US Federal Reserve, though the outcome is still a “coin toss,” some an... (more story)
Financial regulators across the world might not have the right tools to tackle a potential non-bank shock, and the sector should come under closer scrutiny, the secretary-general of the Financial Stability Boa... (more story)