Vanguard Agrees to FDIC Oversight of Bank Investments
Vanguard, managing nearly $9 trillion, reached a deal with the FDIC on December 27, 2024, to increase transparency and accountability regarding its passive investments in US banks exceeding 10 percent, addressing concerns about potential conflicts of interest and undue influence.
Vanguard Agrees to FDIC Oversight of Bank Investments
Vanguard, managing nearly $9 trillion, reached a deal with the FDIC on December 27, 2024, to increase transparency and accountability regarding its passive investments in US banks exceeding 10 percent, addressing concerns about potential conflicts of interest and undue influence.
Progress
28% Bias Score
US Banks Sue Federal Reserve Over Stress Test Lawsuit
Major US banks and banking associations sued the Federal Reserve, claiming its annual stress tests violate the law due to lack of transparency and procedural fairness, citing the Supreme Court's overturning of the Chevron Doctrine.
US Banks Sue Federal Reserve Over Stress Test Lawsuit
Major US banks and banking associations sued the Federal Reserve, claiming its annual stress tests violate the law due to lack of transparency and procedural fairness, citing the Supreme Court's overturning of the Chevron Doctrine.
Progress
36% Bias Score
Australia's Crypto Strategy: Modernization Balanced Against Risks
Australian Treasurer Jim Chalmers declared cryptocurrencies will help modernize the nation's financial system, but this view contrasts with the RBA governor's, while Trump's election victory necessitates a reassessment of the sector's importance and potential risks.
Australia's Crypto Strategy: Modernization Balanced Against Risks
Australian Treasurer Jim Chalmers declared cryptocurrencies will help modernize the nation's financial system, but this view contrasts with the RBA governor's, while Trump's election victory necessitates a reassessment of the sector's importance and potential risks.
Progress
48% Bias Score
ESMA Proposes Issuer-Sponsored Research to Address Post-MiFID II Information Gap
The European Securities and Markets Authority (ESMA) is proposing a code of conduct for issuer-sponsored research to address the lack of information on smaller companies following the implementation of MiFID II in 2018, which resulted in a 22% reduction in analysts covering European stocks from 2017...
ESMA Proposes Issuer-Sponsored Research to Address Post-MiFID II Information Gap
The European Securities and Markets Authority (ESMA) is proposing a code of conduct for issuer-sponsored research to address the lack of information on smaller companies following the implementation of MiFID II in 2018, which resulted in a 22% reduction in analysts covering European stocks from 2017...
Progress
40% Bias Score
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.
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
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 ...
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
Economists Warn of Risks in UK's Plan to Deregulate Financial Sector
Economists warn that Rachel Reeves's plan to loosen financial regulations in the UK could harm the economy, citing risks to the government's growth strategy and the lessons of the 2008 financial crisis; they highlight the sector's contribution to inequality and instability, contrasting its growth wi...
Economists Warn of Risks in UK's Plan to Deregulate Financial Sector
Economists warn that Rachel Reeves's plan to loosen financial regulations in the UK could harm the economy, citing risks to the government's growth strategy and the lessons of the 2008 financial crisis; they highlight the sector's contribution to inequality and instability, contrasting its growth wi...
Progress
56% Bias Score
Canada's Wealth Management Industry in Flux
Canada's wealth management industry faces a generational shift, with aging advisors leading to increased mergers and acquisitions; technological advancements enable advisors to work across the country, while CIRO works on harmonizing rules around incorporation.
Canada's Wealth Management Industry in Flux
Canada's wealth management industry faces a generational shift, with aging advisors leading to increased mergers and acquisitions; technological advancements enable advisors to work across the country, while CIRO works on harmonizing rules around incorporation.
Progress
32% Bias Score
Fifth Circuit Reinstates Corporate Transparency Act, Extends Filing Deadline
A Fifth Circuit ruling on December 23, 2024, lifted a nationwide injunction against the Corporate Transparency Act (CTA), requiring companies to submit beneficial ownership information by January 13, 2025, after FinCEN extended the deadline; this follows a lower court's injunction and subsequent app...
Fifth Circuit Reinstates Corporate Transparency Act, Extends Filing Deadline
A Fifth Circuit ruling on December 23, 2024, lifted a nationwide injunction against the Corporate Transparency Act (CTA), requiring companies to submit beneficial ownership information by January 13, 2025, after FinCEN extended the deadline; this follows a lower court's injunction and subsequent app...
Progress
40% Bias Score
Bank of Maurice Implements Short-Term Measures to Combat Currency Market Instability and Black Market in Mauritius
The Bank of Maurice (BoM) announced short-term measures to curb currency market irregularities and combat a growing black market, including regulating brokers, prohibiting unauthorized trading by FSC permit holders, and banning peer-to-peer currency transactions; the BoM injected Rs 225 billion betw...
Bank of Maurice Implements Short-Term Measures to Combat Currency Market Instability and Black Market in Mauritius
The Bank of Maurice (BoM) announced short-term measures to curb currency market irregularities and combat a growing black market, including regulating brokers, prohibiting unauthorized trading by FSC permit holders, and banning peer-to-peer currency transactions; the BoM injected Rs 225 billion betw...
Progress
44% Bias Score
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.
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
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...
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