Big Banks Face Higher Capital Requirements From US Regulators
Major banks are facing one of the biggest regulatory overhauls since the financial crisis, setting up a clash over the amount of capital that they have to set aside to weather tumult.
Major banks are facing one of the biggest regulatory overhauls since the financial crisis, setting up a clash over the amount of capital that they have to set aside to weather tumult.
Bank of England Governor Andrew Bailey sought to dispel fears that a digital version of the pound will turn into a surveillance tool for UK authorities after its proposals were attacked by conspiracy theorists online and on motorway bridges.
Sanctioned Russian tycoon
The backlash against investing strategies that factor in environmental, social and governance issues is rising in the US and is impacting the way managers are thinking about integrating such considerations into their funds, according to a survey by
A proposal to rehabilitate the First Bank of the United States and transform it into an interactive museum in downtown Philadelphia has just cleared its most significant hurdle, with Independence National Historical Park (INHP) announcing on Monday that it has secured $22.2 million in federal funding needed to open the site to the public.
The US House’s top government watchdog committee is asking Federal Reserve Chair
China will extend policies to support cash-strapped developers and shore up the ailing real estate sector, including allowing the postponement of loan repayments by a year.
Leaps in AI technology are raising questions about fair lending, fraud detection, and cybersecurity at banks, but federal banking regulators already have tools in place to deal with those issues, industry watchers say.
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