EU banks fear new clearing minimums could be rushed through
European bankers are concerned that the European Securities and Markets Authority could be given powers that would force them to...
archiveBanking/Credit
Treasury Department Tightens Mortgage-Lending Regulation for CDFIs
The U.S. Treasury Department is narrowing an exemption used by some mortgage lenders to offer “no doc” loans. The exemption...
Robinhood launches EU crypto-trading app in renewed push for global expansion
Robinhood Markets on Thursday launched a new commission-free crypto-trading app for customers in the European Union as it makes a...
Bankers, lawyers and accountants won’t quit, stoking fears of more job cuts
Morgan Stanley cut 3,500 jobs in June in its deepest restructure since 2008. It was taken as a sign that...
BNP Paribas AM backs private assets push despite pressures on sector
BNP Paribas Asset Management's UK chief continues to see private assets as an attractive play, despite valuations coming under pressure...
Deutsche’s new UK boss, EY names Di Sibio successor, Michael Klein’s new bank
Deutsche Bank promoted a fixed income veteran to lead its business in the UK and Ireland, replacing Tiina Lee, who left...
Deutsche Bank names fixed income veteran Vijayaratna as UK and Ireland CEO
Deutsche Bank has promoted a fixed income veteran to lead its business in the UK and Ireland, replacing Tiina Lee...
Goldman Sachs, BNP Paribas invest in fintech firm Fnality
Goldman Sachs and BNP Paribas have led London-based fintech Fnality’s £77.7m series B funding round. Fnality, a fintech firm that...
Bankers fear losing business amid EU clearing mandate: ‘We will be constrained’
Senior staff at European banks are pushing back against the European Union’s attempt to win back clearing from London.The EU’s push...
A sterling effort from JPMorgan’s blockchain arm
JPMorgan's dive into the world of blockchain and digital assets is getting deeper with its blockchain arm Onyx eyeing expansion...
