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Elizabeth McCaul, the first American to serve on the European Central Bank's supervisory board, talks crypto controls, systemic risk and the need for regulators on both sides of the Atlantic to do a better job of harnessing data.
December 13 -
The payments company has expanded digital-asset management services to Luxembourg, a potential foothold for European Union expansion.
December 13 -
Citing "unsafe and unsound practices," the National Credit Union Administration has temporarily taken charge of Richmond City Employees Federal Credit Union.
December 13 -
Hanno Berger, a German lawyer dubbed the mastermind of Cum-Ex, was sentenced to eight years in prison for his role in part of a sprawling tax scandal that's robbed billions of euros from government coffers and embroiled some of Wall Street's biggest names
December 13 -
Bank of Montreal, which is working to close the largest acquisition in its history, is selling C$3.15 billion ($2.31 billion) in equity to make sure it can meet Canadian regulators' recently increased capital requirements.
December 13 -
The overwhelming majority of top leaders at large U.S and Canadian banks expect a prolonged downturn in 2023, according to a recent survey. Almost none of them expect it to be particularly harsh, though.
December 12 -
Bankman-Fried is being held in custody pending an extradition process,
December 12 -
The U.K. exchange will spend at least $2.8 billion on cloud services from the tech giant over the next decade.
December 12 -
Nonbanks would have to inform the CFPB of any state or local court decisions against them involving consumer financial products, under a new proposed rule. That information would be pooled with data about federal violations and be made available to the public.
December 12 - AB - Policy & Regulation
The central bank's governing body said a limited disclosure would satisfy its obligations under administrative law. The Kansas City Fed, meanwhile, would be subject to full discovery.
December 12













