Wall Street Set To Soar Under Trump’s Return While European Banks Navigate Tough Waters
The prospect of Donald Trump returning to the White House is sending shockwaves through the global banking sector, with European ...
Norway Considers MiCA Adoption, Explores CBDC For Payments
In the past, Norway tested retail CBDC architectures for cross-border transactions The bank assessed the possible effects of the currency ...
UBS Tests Blockchain Payments For Cross-Border Transfers
The system operates on a private blockchain network accessible to selected clients. It uses smart contracts to automate payments. Swiss ...
SEC Fines JPMorgan $151 Million For Investor Disclosure Lapses
The settlement includes a $10 million fine and $90 million in reimbursements. JPMorgan allegedly failed to disclose its control over ...
Swiss Central Bank Reaffirms Commitment To Cash With Plan For Updated Banknotes
The Swiss National Bank (SNB) has announced plans to develop a new series of banknotes, as reported by Reuters. This ...
U.S. Equity Indexes Declined On Wednesday, As Widespread Risk-Off Sentiment Weighed On Most Sectors
U.S. equity indexes declined on Wednesday, as risk-off sentiment spread across most sectors, driven by continued gains in government bond ...
European Central Bank Cuts Rates Again, Eyes Growth As Inflation Slows
ECB President Christine Lagarde expressed confidence that inflation will stay near the 2% target. Economic risks remain, with concerns about ...
World Bank Raises Alarm As Debt Levels Soar For World’s Most Vulnerable Economies
In a sobering report released on Sunday, the World Bank revealed that the world's 26 poorest nations are grappling with ...
Germany Seeks To Block UniCredit’s Commerzbank Deal Over Italy Debt Concerns: Report
The country’s officials have reportedly urged BaFin to block the acquisition. Mistrust of UniCredit's CEO has exacerbated the concerns. Germany ...
JPMorgan Faces $155 Million Asset Seizure In Russian Court Ruling
The court's decision reportedly affects JPMorgan's funds in various accounts, except for "Type C" accounts. The matter involves a lawsuit ...
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