Global
Global: Swiss regulator FINMA welcomes UBS’s strategic focus
Swiss financial regulator FINMA has specified the central elements of its regulatory requirements for the merged UBS and Credit Suisse, it said on ...
Global
Global: HSBC rebrands, expands its SVB UK buy as HSBC Innovation Banking
Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a ...
Global
Global: OpenAI CEO says ‘optimistic’ on global AI coordination
The CEO of ChatGPT maker OpenAI on Monday (June 12, 2023) said a tour of capital cities had left him “quite optimistic” about ...
Global
Global: China’s central bank upbeat on Q2 GDP growth, confident on 2023 targets
China’s economic growth is expected to be “relatively high” in the second quarter compared to the prior year, mainly due a low base ...
Global
Global: Binance.US suspends dollar deposits
Days after the SEC sued it, the US arm of Binance says it is suspending dollar deposits and that its banking partners are ...
Global
Global: Meta previews generative AI tools coming to WhatsApp, Messenger and Instagram, plus internal AI tools
Meta showcased its work on new generative AI technologies for its consumer products, including Instagram, WhatsApp and Messenger, as well as those being ...
Global
Global: Instagram, YouTube, TikTok, and Twitter are target of EU crypto advertising complaint
Meta Platforms’ Instagram, Alphabet’s YouTube, TikTok and Twitter could face regulatory action after European consumer group BEUC complained to the European Commission and ...
Global
Global: After Binance, US SEC sues Coinbase for securities laws violations
This morning, the U.S. Securities and Exchange Commission (SEC) sued Coinbase, the largest domestic cryptocurrency exchange, for securities laws violations. The suit comes ...
Global
Global: UK Regulator- Banks Have Five Days to Reimburse Push Payments Fraud Victims
Authorized push payments (APP) fraud victims in the U.K. could soon see faster reimbursements. That’s according to Great Britain’s Payment Systems Regulator (PSR) which ...
Global
Global: FTC Highlights Enforcement Actions Related to Financial Abuses
The Federal Trade Commission (FTC) undertook enforcement actions around automobile purchasing and financing, payday lending, and credit repair and debt relief in 2022. The agency ...
