Global
Global: SVB Financial Group files for bankruptcy protection
Silicon Valley Bank’s former parent company SVB Financial Group has filed for Chapter 11 bankruptcy protection. The move, which comes a week after ...
Global
Global: China fines Deloitte $31 million for auditing negligence
China has fined auditing firm Deloitte 211.9 million yuan ($30.8 million) for failing to perform its duty in assessing the asset quality of ...
Global
Global: US asks Supreme Court to uphold domestic violence gun law
The U.S. Justice Department has asked the Supreme Court to allow a federal law stand that makes it a crime for people under ...
Global
Global: EU FinTechs Give EMI ‘Safeguarding’ Policy a Fresh Look Post SVB Collapse
If there’s a lesson that FinTechs must learn from Silicon Valley Bank’s (SVB) collapse, it’s the need to diversify their banking partners to include ...
Nigeria
Nigeria: CBN to Keep Policy Rates – Cowry Asset
Ahead of the monetary policy committee meeting scheduled for the week, analysts at Cowry Asset Management Limited said they see a decision to ...
Ghana
Ghana: We will continue to effectively regulate and promote safety, soundness of financial institutions – BoG
The Bank of Ghana has reiterated that it will continue to effectively regulate and supervise the Regulated Financial Institutions (RFIs) towards promoting the ...
Global
Global: SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
New laws, and new investigations, often follow bank crises. And after the collapse of three banks in five days, calls are growing both for ...
Global
Global: DXC Technology fined $8m by SEC for misleading investors
IT services biz DXC Technology has paid $8 million to settle a dispute with the US Securities Exchange Commission after being charged with ...
Global
Global: Alba granted banking licence by regulators
Scotland’s first bank solely dedicated to small and medium-sized business lending has been granted a banking licence by the UK Prudential Regulatory Authority ...
Global
Global: SEC Charges BKCoin With Fraud
The United States Securities and Exchange Commission says it has obtained an order to freeze the assets belonging to cryptocurrency firm, BKCoin Management ...