03/04/2025
The former Credit Suisse managing directors have been banned for lacking integrity, following US convictions for arranging corrupt loans to the Republic of Mozambique.
03/04/2025
The SEC’s complaint also alleged that Coinbase’s holding company, Coinbase Global Inc, was a control person of Coinbase and was thus also liable for certain of Coinbase’s violations.
02/27/2025
ABA stressed that the decision of whether to engage with legal businesses should be left to banks
02/25/2025
OpenSea’s investigation is part of the SEC’s wider crackdown on digital platforms, including its lawsuit against Coinbase.
02/18/2025
The database includes such private information as a person's Social Security number and address
02/14/2025
Goldman Sachs has ended a ban on underwriting companies with all-White, all-male boards, becoming the latest corporate giant to scale back a DEI initiative.
02/13/2025
Wells Fargo’s regulators have now closed nine consent orders since 2019.
01/29/2025
Reasons behind Bank of America's branch closures in January 2025
01/28/2025
We view this news as a positive for Wells Fargo as it demonstrates progress of working with the company's regulators
01/24/2025
He argued that Saba's proposals were rejected as their intended outcome was for Saba to end up managing Herald.
01/21/2025
Investigating what is ahead for banks across multiple topics.
12/30/2024
The maturity date for the Restated Credit Facility is now December 30, 2027.
12/27/2024
Finra's findings center around mutual fund sales charge waivers and fee rebates, which the regulatory body said Edward Jones, Osaic and Cambridge Investment Research did not return to customers over a period of years.
12/27/2024
Financial companies have been under increasing pressure from Republican lawmakers, which have launched investigations and filed lawsuits related to the industry’s efforts to address climate change.
12/27/2024
Businesses and owners that didn’t comply would potentially face civil penalties of up to $591 a day
12/23/2024
The three banks named as defendants in the suit co-own Zelle, along with four other big US banks: Capital One, PNC Bank, Truist and US Bank.
12/23/2024
The central bank’s highly reactive policy approach of recent years amplifies financial volatility
12/20/2024
The transaction remains subject to customary consultation with the relevant employee representative bodies and regulatory approvals.
12/19/2024
By future proofing their technology platforms, financial services firms can turn a compliance mandate into a competitive advantage.
12/17/2024
The Board of Governors of the Federal Reserve System (the "Federal Reserve") approved the approximately 10% remaining investment by Scotiabank