UK lenders face smaller impact from Basel rules than rivals, BoE says
A general view of the Bank of England in the City of London, Britain, September 25, 2023. REUTERS/Hollie Adams/File Photo...
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Post-Brexit ‘Big Bang’ reform of UK financial sector a ‘damp squib’, say lawmakers
People walk through the City of London financial district in London, Britain, September 13, 2021. REUTERS/Hannah McKay/File Photo Acquire Licensing...
Calvino picked to lead European Investment Bank, in boost for Spain
Spain's Economy Minister Nadia Calvino arrives for the closing session of the New Global Financial Pact Summit, Friday, June 23,...
EU watchdog tells top credit raters to review CLO controls
European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON,...
Bank of England asks banks to report private credit exposure -sources
A pedestrian walks past the Bank of England in the City of London, Britain, September 25, 2023. REUTERS/Hollie Adams/File Photo Acquire Licensing RightsLONDON, Dec 7 (Reuters) - Britain's top financial regulator has asked banks active in the so-called private credit market for details of their exposure to an area which it has identified as a top systemic danger, people with knowledge of the matter told Reuters.The global market for private credit, which largely involves leveraged loans made to indebted companies, grew to nearly $1.5 trillion in 2022, a jump of...
UK plans higher liquidity requirements for money market funds
Signage is seen for the FCA (Financial Conduct Authority), the UK's financial regulatory body, at their head offices in London,...
Bank of England says UK coping with higher rates for now but sees risks ahead
A general view shows the Bank of England in London, Britain, September 21, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsLONDON,...
Binance might be peak for U.S. crypto enforcement cases, says CFTC official
Representations of cryptocurrencies are seen in front of displayed Binance logo in this illustration taken November 10, 2022. REUTERS/Dado Ruvic/Illustration/File...
US crypto industry lobby spending on track for new record in 2023
Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File Photo Acquire Licensing RightsWASHINGTON, Dec 5 (Reuters) - The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled to repair their reputations and advance friendly legislation, according to data provided to Reuters by nonprofit research group OpenSecrets.Crypto companies spent $18.96 million in the first three quarters of 2023 on lobbying, compared with $16.1 million during the...
CLS to decide whether to delay FX settlement cutoff in Q1
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNEW...
