For any queries, please contact Customer Services or your Account Manager. Dismiss
Financial Services
Editor's Picks
-
Bipartisan bill to promote AI in US financial services introduced in Congress
A bipartisan bill to promote artificial intelligence in financial services was introduced in the US House and Senate. The legislation seeks to advance AI through re... (more story)
-
UK stablecoin regulation needs more ambition, campaigning lawmaker Edwards says
A more ambitious approach to regulating stablecoins is needed in the UK, the co-chair of a parliamentary group on digital assets told MLex in an interview. Respondi... (more story)
-
Samourai Wallet cofounders to plead guilty in US crypto money laundering case
Two cofounders of Samourai Wallet are expected to change their pleas to charges that they had assisted users of the cryptocurrency mixing service with laundering mo... (more story)
Insight View More
Commission paid by UK banks to car dealers to secure financing agreements without customers’ informed consent is lawful, the country's highest court ruled today, dashing consumer hopes for billions of pounds o... (more story)
Major UK lender Barclays has exited the Net Zero Banking Alliance, a group of leading global banks committed to transitioning the real economy to net-zero greenhouse gas emissions by 2050. Barclays is the seco... (more story)
A day after President Donald Trump's Working Group on Digital Asset Markets unveiled a roadmap for industry-friendly cryptocurrency policies, US Securities and Exchange Commission Chair Paul Atkins disclosed a... (more story)
Italian bank Mediobanca is considering bringing forward — to Aug. 21 — the shareholder vote to approve its takeover plan over Banca Generali. That would allow the bid to start before the end of Monte dei Pasch... (more story)
Brookfield Wealth Solutions said that its planned 2.4 billion-pound buyout of British retirement products and services company Just Group will need antitrust approval in the UK and South Africa. Just Group spe... (more story)
The President’s Working Group on Digital Asset Markets released a roadmap for the US to “lead the blockchain revolution” via a wide-ranging assortment of industry-friendly regulatory and legislative proposals,... (more story)
A bipartisan bill to promote artificial intelligence in financial services was introduced in the US House and Senate. The legislation seeks to advance AI through regulatory sandboxes for test projects bringing... (more story)
A businessman facing a criminal investigation by the UK’s financial regulator for an alleged mortgage-linked scam was today handed a 12-month prison sentence for contempt of court. Iain Clifford Stamp, who ran... (more story)
Comment View More
The UK financial sector received a shot in the arm today with a Supreme Court ruling largely in favor of banks and other lenders in the closely watched car finance commission case — escaping the prospect of a ... (more story)
The UK Financial Conduct Authority has published a series of consultations on proposed crypto and stablecoin regimes, including on stablecoin issuance, cryptoasset custody and prudential requirements. The dead... (more story)
A more ambitious approach to regulating stablecoins is needed in the UK, the co-chair of a parliamentary group on digital assets told MLex in an interview. Responding to Bank of England governor Andrew Bailey’... (more story)
The UK government has made little progress in reforming trade finance regulation, leaving a policy vacuum that industry groups warn is stalling access to capital for small businesses looking to trade overseas.
The UK’s financial watchdog said this week that the insurance industry has misled customers with confusing policy wording, charged excessive costs, and often provided poor treatment to those making claims. Nev... (more story)
UniCredit’s withdrawal of its bid for rival Banco BPM due to the Italian “golden power” rules is raising important questions for the EU about how much sway European governments should have over dealmaking in s... (more story)
The Genius Act signed by President Trump today leaves a number of implementation gaps and questions to be resolved by regulators. The way they're addressed in rulemaking overseen by US Treasury Secretary Scott... (more story)
The GENIUS Act, which passed the US House today following passage in the Senate last month, would let private companies issue stablecoins — a prospect that has alarmed some Democratic lawmakers who fear it wou... (more story)