52 articles tagged
Lenders in the private credit market are quietly adding stricter legal protections to new loans, signaling growing anxiety about the future economic landscape.
The CFPB is rewriting its open banking rule, sparking a fierce debate among consumers, banks, and fintech firms over data access fees and security.
Iran's Ayandeh Bank has been ordered to liquidate after accumulating over $5 billion in debt, largely from high-risk loans to a single megaproject.
A landmark cryptocurrency regulation bill has stalled in the U.S. Senate amid sharp partisan divisions over the legislative timeline and process, dimming hopes for its passage this year.
Wells Fargo CEO Charlie Scharf commented on the private credit market, suggesting that while risks exist, they do not currently pose a systemic threat to banks.
The Consumer Financial Protection Bureau has canceled a $25 million settlement with Citibank over allegations of discriminating against Armenian-American customers.
UK financial regulators have halved the mandatory bonus deferral period for senior bankers from eight to four years to boost the City of London's global competitiveness.
Coinbase has increased its investment in Indian crypto exchange CoinDCX, raising the platform's valuation to $2.45 billion amid ongoing regulatory challenges.
A JPMorgan report finds that $26 billion in selling from leveraged ETFs significantly worsened last Friday's stock market decline, amplifying volatility.
A push to allow retail investors into high-risk assets like private equity is drawing comparisons to the 1920s, raising concerns about potential market instability.
US banks could unlock $2.6 trillion in lending capacity as financial regulations ease, potentially boosting investments in AI and data centers, and increasing shareholder returns, according to new res
Lloyds Banking Group is setting aside an additional £800 million for the UK motor finance scandal, bringing its total provision to nearly £2 billion.
