News list for "Banking"
On December 17th, according to foreign media reports, Goldman Sachs is restructuring some of its technology, media and telecommunications (TMT) investment banking business units to better grasp the opportunities of the rapid development of the artificial intelligence industry and its supporting infrastructure. According to an internal memo, Yasmine Coupal and Jason Tofsky will jointly lead a newly formed "global infrastructure technology" sector, which will be integrated from the original teleco...
On October 22nd, according to Crowdfundinsider, digital bank Revolut announced that it has received final authorization from the National Banking and Securities Commission of Mexico (CNBV) and approval from the Central Bank of Mexico to operate in Mexico as a diversified banking institution. This is the final regulatory step required before the company can open its banking services to the public. Revolut became the first independent digital bank in Mexico to apply directly from scratch and compl...
On September 14th, the self-regulatory platform for investment banking business of the Securities Association of China plans to stop serving and launch the second phase of functions at 17:00 on September 18, 2025. It is understood that the self-regulatory platform will resume service at 9:00 on September 22. The project documents submitted by the securities firms in the original manuscript supervision system and the evaluation data reported in the original quality evaluation system will be migra...
According to @cryptounfolded, the US consumer protection agency, under pressure from the cryptocurrency and fintech industries, will rewrite the "open banking" rules.
Ant International and the International Swaps and Derivatives Association (ISDA), with the support of the Monetary Authority of Singapore Project Guardian, jointly released the "Application of Tokenized Deposits in Transaction Banking" white paper, promoting the development of tokenized deposits and shared ledgers in the field of cross-border transfer and foreign exchange settlement, and proposing basic principles and standards for tokenized deposit technology. The report points out that practic...
Regulators could eliminate a rule that has long restricted banks' trading of Treasuries this summer, Treasury Secretary Vincent Bescent said. Mr. Bescent said he was very close to taking action on supplemental leverage ratio (SLR) rules. He pointed out that the three big bank regulators - the Federal Reserve, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) - are working on the issue and "I think we may see results in the summer". Existing ...
On May 19, according to the official announcement of Binance, Binance Wealth Management launched ETH Capital Guaranteed Currency Earning Current Products. New users who subscribe for no less than 0.05 ETH current products can get up to 3,000 USDC red envelopes. In addition, users who hold ETH Capital Guaranteed Currency Earning Current Products can enjoy an annualized rate of return of up to 3.3% (including a 2% stepped annualized rate of return and a real-time annualized rate of return).
Federal Reserve Governor Bowman: If confirmed (on Capitol Hill), I will ensure a path for innovation in the banking industry.
