Barclays faces UK legal claim by MFS administrators
August 04, 2026
| Martin Coyle
Market Financial Solutions is suing Barclays at a London court, as the fallout continues from the collapse of the lender amid allegations of fraud. While details of the claim haven’t been made public, the case... (more story)
UBS to pay record fine for 'recidivist' anti-money laundering compliance failures
August 04, 2026
| Samuel Rubenfeld
A UBS unit was ordered Monday to pay $125 million in penalties after failing to comply with a 2018 consent order from US regulators to improve its anti-money laundering compliance program. The penalty is the l... (more story)
Ex-Goldman banker received client’s funds, made cash withdrawals, US jury sees
August 04, 2026
| Samuel Rubenfeld
A former Goldman Sachs banker received millions of dollars directly from his Turkish client, and hundreds of thousands more from consultants, as he engaged in a foreign bribery scheme in Ghana, according to su... (more story)
US community banks seeking ties would be relieved of curbs under OCC plan
August 03, 2026
| Neil Roland
US community banks seeking partnerships would be relieved of federal constraints on their release of confidential supervisory and enforcement information to other banks under a new Office of the Comptroller of... (more story)
Ex-Goldman banker paid Ghana parliament members to back deal, US jury hears
August 01, 2026
| Samuel Rubenfeld
A former Goldman Sachs banker paid members of the Ghanaian parliament to ratify a power plant deal with the government there on behalf of its client, a Turkish energy firm, prosecutors told a New York jury on Friday.
OppFi’s application for national bank charter opposed by 123 groups, academics
July 31, 2026
| Neil Roland
Opportunity Financial’s request to acquire a national bank should be denied by federal regulators on grounds that the firm could make payday loans in every state, according to a coalition of 123 consumer, civi... (more story)
New US community bank loan limits to insiders proposed by Fed
July 31, 2026
| Neil Roland
The US Federal Reserve proposed updated community-bank loan limits to insiders who could potentially influence the institutions' credit decisions. The insiders under 1979's Regulation O consist of executive of... (more story)
UK equity markets reform consultation stresses transparency, access
July 31, 2026
| Maciej Boguslawski
Planned reform of UK equity markets focuses on improving transparency, strengthening access to market-wide trading data and supporting confidence in the UK capital markets, the financial regulator has indicate... (more story)