Tag #Financial Regulation

Showing 229 to 240 of 246 results

kathimerini.gr
🌐 65% Global Worthiness
News related image

Greece Intervenes to Curb Excessive Bank Charges

The Greek government implemented measures to reduce excessive bank charges, addressing public complaints about unfair fees and lending practices, marking a shift in the relationship between the government and the banking sector.

Progress

44% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
News related image

Credit Suisse Collapse: Internal Mismanagement and Regulatory Failures Blamed

A Swiss parliamentary report blames Credit Suisse's 2023 collapse on internal mismanagement, citing 33.7 billion Swiss francs in losses and 39.8 billion francs in management bonuses over 12 years, while also criticizing ineffective regulatory oversight by FINMA and recommending stricter regulations ...

Progress

36% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
News related image

Canada to Sharply Increase Anti-Money Laundering Penalties

The Canadian government plans to increase penalties for anti-money-laundering failures by up to 40 times, raising the maximum fine for banks to $20 million per violation, following pressure to address financial crime and the TD Bank case.

Progress

36% Bias Score

Peace, Justice, and Strong Institutions
us.cnn.com
🌐 85% Global Worthiness
News related image

Trump Allies' FDIC Dismantling Proposals Spark Concern

Proposals to dismantle the FDIC, the agency insuring bank deposits, have emerged from President-elect Trump's allies, sparking concerns about the potential for bank runs and the loss of public trust in the safety of deposits, despite experts' belief that Congress is unlikely to support such a move.

Progress

52% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
News related image

HSBC Sued for \$23 Million in Scam Losses Due to Systemic Fraud Control Failures

Australia's corporate regulator is suing banking giant HSBC for failing to protect hundreds of customers who lost over \$23 million to scams between January 2020 and August 2024 due to alleged systemic gaps in its fraud control systems, slow investigations, and inadequate prevention measures.

Progress

52% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
News related image

NatWest CEO in Line for Multimillion-Pound Pay Boost

NatWest Group plans to significantly increase its CEO Paul Thwaite's compensation to a potential \$6.6 million annually, aligning his pay with industry peers, following a 90% surge in the bank's share price in 2024 and its return to full private ownership after a 17-year government stake.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
News related image

UK Stock Market Faces Takeover Blitz: One-Third of AIM Firms Vulnerable

Peel Hunt predicts that approximately one-third of AIM-listed companies valued between £50 million and £250 million will be acquired in 2024 due to low liquidity, depressed valuations, limited capital access, and a lack of transparency from boards, resulting in an exodus of companies from both AIM a...

Progress

52% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 85% Global Worthiness
News related image

CFPB Sues Major Banks Over $870 Million in Zelle Fraud Losses

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Bank of America, JPMorgan Chase, and Wells Fargo, alleging they rushed the launch of Zelle, leading to over $870 million in user fraud losses since 2017 due to inadequate security measures.

Progress

48% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
News related image

Proposals to Dismantle FDIC Spark Concerns Over Financial Stability

Proposals to dismantle the Federal Deposit Insurance Corporation (FDIC), which insures bank deposits, are emerging from President-elect Trump's allies, despite widespread opposition from experts who warn of the potential risks to financial stability and public trust.

Progress

52% Bias Score

Reduced Inequality
faz.net
🌐 65% Global Worthiness
News related image

Schufa's New 100-Day Rule Improves Credit Scores for 120,000 Germans

Germany's Schufa credit agency implemented a new 100-day rule, enabling consumers to improve their credit score faster by quickly repaying overdue payments; approximately 120,000 consumers are expected to benefit.

Progress

44% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

Economists Warn City Expansion Threatens UK Economic Stability

Fifty economists warned that expanding the City of London's financial sector, as proposed by the Chancellor and Rachel Reeves, risks undermining economic growth and stability, citing evidence suggesting that beyond a certain threshold, financial sector growth harms the wider economy, echoing concern...

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
News related image

CFPB Overdraft Rule Caps Fees, Reshapes Banking

The CFPB's new overdraft rule, effective October 1, 2025, will cap overdraft fees at $5 or require cost-based fees or loan treatment for banks over $10 billion in assets, potentially saving consumers $5 billion annually.

Progress

40% Bias Score

Reduced Inequality

Showing 229 to 240 of 246 results