EU gives nod to “world’s first” green bond standards
European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON,...
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Revolut strikes share deal with SoftBank to remove barrier to UK licence – FT
The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei...
Rapid shocks in store for insurers in new Bank of England tests
A general view shows the Bank of England in London, Britain, September 21, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsLONDON,...
UK law firm Axiom Ince nears closure amid financial difficulties, police probe
A general view of skyscrapers in The City of London financial district seen from City Hall in London, Britain, May...
GM, Stellantis face $9.5 bln in US fuel economy fines -industry group letter
The logo of Stellantis is seen on a company's building in Velizy-Villacoublay near Paris, France, February 23, 2022. REUTERS/Gonzalo Fuentes/File...
Red Bull loses bid to suspend EU decision on antitrust raid
FILE PHOTO: European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo Acquire Licensing RightsBRUSSELS, Oct 2 (Reuters) - Austrian energy drinks maker Red Bull has lost its bid to get Europe's second highest court to suspend an EU antitrust decision that underpinned a raid on the company for alleged anti-competitive practices.The European Commission raided the company in March on concerns that it may have violated EU antitrust rules against cartels and abuse of a dominant position.Red Bull subsequently challenged the raid...
Fed shines light on path to US bank capital relief trades
The U.S. Federal Reserve building is pictured in Washington, March 18, 2008. REUTERS/Jason Reed/File Photo Acquire Licensing RightsOct 2 (Reuters) - A clarification of capital rules by the Federal Reserve may encourage U.S. banks to transfer more of the risk in their loan portfolios to investors, potentially letting them free up capital.The Federal Reserve on Thursday clarified rules around capital treatment of a type of structured debt which involves the sale of credit-linked notes that carry the risk of losses on U.S. bank loan portfolios to investors. The announcement was...
Canada’s RBC injects capital into City National to bolster US subsidiary’s liquidity
A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio Acquire Licensing RightsSept...
US Senator Warren: Supreme Court CFPB case threatens all bank regulators
U.S. Senator Elizabeth Warren (D-MA) arrives for the weekly party caucus luncheon at the U.S. Capitol in Washington, U.S. September...
UK to ease finance sector rules to boost investment post-Brexit
A view of the London skyline shows the City of London financial district, seen from St Paul's Cathedral in London,...
