Tag #Financial Regulation

Showing 49 to 60 of 246 results

news.sky.com
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Reeves's Mansion House Speech Avoids Welfare Reform Fallout

Chancellor Rachel Reeves delivered her Mansion House speech on Tuesday, focusing on the "Leeds Reforms"—a financial services regulation package—while sidestepping anticipated ISA and bank levy changes and the significant budget hole created by a recent welfare u-turn. She alluded to recent personal ...

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60% Bias Score

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theguardian.com
🌐 75% Global Worthiness
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Reeves's "Leeds Reforms" Aim to Deregulate UK Finance

Chancellor Rachel Reeves announced the "Leeds Reforms," a deregulation plan aiming to boost UK economic growth by reducing post-2008 financial crisis regulations, streamlining banker accountability, and reviewing risk warnings and ringfencing rules.

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56% Bias Score

Decent Work and Economic Growth
politico.eu
🌐 85% Global Worthiness
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Warren Calls for Dismissal of Quarles from Global Financial Review

U.S. Senator Elizabeth Warren is calling for the dismissal of Randal Quarles, a former Trump-appointed banking regulator, from his role leading a global review of post-2008 financial crisis reforms due to his past deregulatory actions that she believes contributed to the collapse of Silicon Valley B...

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52% Bias Score

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dailymail.co.uk
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Lloyds CEO Criticizes Labour's Pension Plan as 'Capital Control'

Lloyds Bank CEO Charlie Nunn compared Labour's plan to mandate pension fund investments in UK assets to China's capital controls, raising concerns about potential conflicts of interest and negative economic consequences; this follows criticism from other business leaders about the government's incre...

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64% Bias Score

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theguardian.com
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Santander Acquires TSB, Securing UK Market Presence

Santander has acquired TSB from Sabadell for £2.65bn, ending speculation about its potential withdrawal from the UK market and strengthening its position as a major high-street lender.

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44% Bias Score

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elpais.com
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Mexico Intervenes in Banks After U.S. Money Laundering Sanctions

Mexico's banking regulator intervened in CIBanco and Intercam Banco following U.S. sanctions for money laundering, aiming to protect depositors while the banks cooperate with investigations; the U.S. accused the banks of facilitating money laundering for major cartels.

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44% Bias Score

Peace, Justice, and Strong Institutions
theguardian.com
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Review of UK Bank Ringfencing Regime Announced

Rachel Reeves announced a review of the UK bank ringfencing regime, prompted by banks seeking its removal, while the Bank of England Governor defended it, citing increased safety and lower loan costs; other reforms included an advertising campaign to encourage stock market investment and various reg...

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40% Bias Score

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politico.eu
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UK's Struggle to Regulate Misleading Financial Advice from Finfluencers

In the UK, 40% of young people get investment advice from largely unregulated finfluencers, many of whom provide "anti-skilled" advice leading to losses; the FCA is struggling to regulate this due to slow takedown responses from Big Tech and the international nature of online content.

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48% Bias Score

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cnn.com
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FHFA Allows VantageScore for Government-Backed Mortgages, Impacting FICO

The FHFA announced that lenders can now use VantageScore for government-backed mortgages, potentially increasing competition and lowering closing costs, causing a significant drop in FICO's stock price.

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52% Bias Score

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dailymail.co.uk
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UK Government to Slash Cash ISA Allowance

The UK government plans to slash the annual cash ISA allowance from £20,000 to potentially £4,000 from next April, aiming to boost investment in UK shares, a move criticized by experts as potentially harmful to cash savers.

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60% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Spanish Banking: Strength Amidst Geopolitical Uncertainty

Spain's robust banking system, with a 14.2% ROE in Q4 2024 and double-digit private sector credit growth, contrasts with a volatile international landscape; however, regulatory changes, fiscal challenges, and the incomplete EU Banking Union pose long-term risks.

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44% Bias Score

Reduced Inequality
cincodias.elpais.com
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Spanish Government's Decision Delays BBVA-Sabadell Merger, Raising Concerns About EU Banking Integration

The Spanish government conditionally approved BBVA's takeover of Sabadell, delaying the merger for three years, prompting ECB Vice-President Luis de Guindos to express concerns about the impact on the credibility of the European Banking Union's integration efforts and investor confidence.

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44% Bias Score

Decent Work and Economic Growth

Showing 49 to 60 of 246 results