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 ...
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 ...
British Banks Demand Lower Taxes, Higher Competitiveness
Ahead of the Labour government's inaugural budget, Britain's finance industry is urging for a reduction in bank-specific taxes, claiming that ...
US Republican Party Backed Chain Bridge Bank Raises $41M In IPO
The bank has become influential by closely aligning itself with the Republican Party. Chain Bridge has reportedly posted no non-performing ...
Britain Introduces Law To Let Banks Delay Suspicious Payments: Report
Banks can now pause suspicious transactions for up to 72 hours. The new law aims to protect vulnerable people from ...
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