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 ...
JPMorgan Asks US Judge To Dismiss VTB Lawsuit, Citing Russian Court Coercion: Report
A Russian court ordered the American bank to drop the case despite ongoing US sanctions against VTB. The legal battle ...
Xapo Bank Launches The First Interest-Bearing BTC And Fiat Accounts In The UK
Users will earn 1% yields on Bitcoin. The move underscores the UK’s positioning as a crypto hub. Xapo Bank has ...
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) ...
JPMorgan Weighs Lawsuit Against Consumer Watchdog Over Fraud Probe
The CFPB has given JPMorgan an ultimatum to either pursue a settlement or face enforcement action due to concerns about ...
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 ...
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 ...
First Republic Ex-employees’ $150M Lawsuit against FDIC Dismissed
The judge ruled that actions seeking to restrain the FDIC are barred, dismissing the lawsuit. First Republic Bank's collapse on ...
Taiwan’s Central Bank Focuses On Slow And Steady Development Of CBDC
The President of the Central Bank of the Republic of China shared that developing a central bank digital currency (CBDC) ...
American Express Expands Operations With $400M Acquisition Of Restaurant Booking Platform
The acquisition will add 7,000 restaurants and related hospitality businesses to AmEx's network. Additionally, AmEx is acquiring Rooam, a contactless ...
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