Eman Shaikh
Reporting for The Distributed.
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UK Financial Sector Gears Up For Potential Tax Surge Under Labour
British banks are reportedly ramping up their lobbying efforts to stave off potential tax hikes, as the newly elected Labour government prepares…
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Fed Unveils New Capital Requirements For Big Banks, Eases Pressure On Goldman Sachs
In a move that has captured the financial world’s attention, the U.S. Federal Reserve has announced its latest set of capital cushions…
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Monzo Tops The List As Britain’s Favorite Bank, Leaving Big Names Behind
In a major industry-wide survey commissioned by the Competition and Markets Authority (CMA), the digital bank Monzo has emerged as the best…
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French Banking Giant SocGen Streamlines Operations In Billion-Dollar Sale
In a significant move that’s reshaping the European banking sector, French banking giant Societe Generale (SocGen) has announced the sale of its…
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Barclays’ Investment Bank Shines With Ambitious Share Buyback Plan
In a bold move that’s turning heads in the financial world, Barclays has announced a hefty £750 million ($957 million) share buyback…
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UK Regulators Crack Down On Bank Branch Closures To Ensure Cash Availability
In a move to protect vulnerable communities and maintain access to cash, the UK’s Financial Conduct Authority (FCA) has announced new rules…
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US Fed To Track The $2 Trillion Shadow Banking Exposure
In a move aimed at enhancing financial stability, the US Federal Reserve has proposed new rules that could revolutionize how we understand…
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Market Speculation Grows Amid White House Race Uncertainty
The financial world is abuzz with speculation about President Joe Biden’s potential withdrawal from the 2024 presidential race. Investors are now scrambling…
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British Housing Market Sees Slight Increase Despite Economic Pressures
British house prices exhibited a modest increase in June despite ongoing economic challenges. Nationwide, one of the UK’s leading mortgage lenders, reported…
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Competition Heats Up In Swiss Banking As Foreign Lenders Make Their Move
In the wake of UBS’s landmark takeover of Credit Suisse, a seismic shift is occurring in Switzerland’s banking sector. Global financial institutions…