EU watchdog cautions against one-size-fits-all rules for non-banks

[ad_1] European Union flags fly outside the European Commission in Brussels, Belgium November 8, 2023. REUTERS/Yves Herman Acquire Licensing Rights LONDON, Nov 9 (Reuters) – Regulators should keep on open…

China’s CICC sees opportunity in Brazil, possible office

[ad_1] The company logo of China International Capital Corporation Ltd (CICC), China’s first joint venture investment bank, is displayed at a news conference on the company’s annual results in Hong…

As bad debts soar, Canadian banks eye asset sales to boost capital

[ad_1] [1/2]A woman leaves a Bank of Nova Scotia (Scotiabank) branch in Ottawa, Ontario, Canada, May 31, 2016. REUTERS/Chris Wattie/ File Photo Acquire Licensing Rights TORONTO, Nov 8 (Reuters) –…

Ping An loses $2.1 billion in market value, China property rallies on Country Garden rescue report

[ad_1] Company logo of Ping An Insurance Group is shown at a news conference following the company’s announcement of its annual results in Hong Kong, China March 16, 2016. REUTERS/Bobby…

Hedge fund Traynor Ridge placed in receivership after death of sole director

[ad_1] TORONTO, Nov 3 (Reuters) – An Ontario court on Friday placed Canadian hedge fund Traynor Ridge Capital and the funds it manages in receivership after the sudden death of…

US financial regulators approve process to revive ‘systemically important’ non-bank oversight

[ad_1] A street sign for Wall Street is seen in the financial district in New York, U.S., November 8, 2021. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights WASHINGTON, Nov 3 (Reuters)…

Banks face more than a million outstanding UK COVID loans

[ad_1] Rows of houses lie in front of the Canary Wharf skyline in London, Britain, March 19, 2023. REUTERS/Henry Nicholls/File Photo Acquire Licensing Rights LONDON, Nov 3 (Reuters) – Britain’s…

Exclusive: US FDIC is probing former First Republic Bank directors and officers

[ad_1] Nov 1 (Reuters) – The Federal Deposit Insurance Corporation (FDIC) is investigating potential misconduct by executives and board members of First Republic Bank (FRCB.PK), raising the prospect of stiff…

Payments giant PayPal obtains crypto marketing green light in Britain

[ad_1] A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights LONDON, Nov 1 (Reuters)…

Two Sigma tells clients of $620 mln in unexpected gains, losses -WSJ

[ad_1] Oct 29 (Reuters) – Hedge fund Two Sigma Investments has told clients of $620 million in unexpected gains and losses which resulted from unauthorized adjustments, the Wall Street Journal…