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By Anirban Sen and Chris Prentice WASHINGTON (Reuters) – The U.S. securities regulator has ramped-up its inquiry on Wall Street’s blank check acquisition frenzy, homing in...
By Joice Alves LONDON (Reuters) -Sterling fell against the dollar on Tuesday after data showing the highest U.S. inflation in 13 years sent the greenback surging...
By Huw Jones and David Milliken LONDON (Reuters) -The Bank of England scrapped its remaining pandemic curbs on dividends paid by HSBC, Barclays and other top lenders with...
By Huw Jones and David Milliken LONDON (Reuters) -Cloud computing providers to the financial sector can be “secretive”, and regulators need to act to avoid banks’ reliance...
ZURICH (Reuters) – Credit Suisse on Monday named Markus Ruetimann as new global chief operating officer of Credit Suisse Asset Management (CSAM) as the Zurich bank...
By Nandita Bose and Michelle Price WASHINGTON (Reuters) – President Joe Biden’s planned executive order to promote greater U.S. competition will target bank mergers by pushing the Federal...
By Howard Schneider and Leika Kihara WASHINGTON (Reuters) – It is an article of faith among central bankers that the decisions they make about how much money...
FRANKFURT (Reuters) – Four euro zone banks that recently fell under the European Central Bank‘s supervision passed a stress test exercise, which uncovered no capital shortfalls, the ECB...
By Rozanna Latiff and Liz Lee KUALA LUMPUR (Reuters) -Malaysia’s government and state fund 1Malaysia Development Berhad (1MDB) are seeking over $5.6 billion in damages from...
Experts share advice to implement watertight AML systems NatWest’s landmark money-laundering case has dealt a huge blow to consumer trust in online banking; an industry that more than...
By Ryan Graham, CTO, Texthelp The financial services industry has a notorious history when it comes to trust and transparent communication. The language used by financial...