Big banks face probe over NDAs in swaps, clearing businesses, Bloomberg reports
The Commodity Futures Trading Commission (CFTC) has reached out to a number of banks, including JPMorgan Chase, Bank of America and Citigroup to see if they have been preventing would-be whistleblowers from speaking out
U.S. Takes Aim at Chinese Banks Aiding Russia War Effort
Washington says Beijing’s dual-use trade has helped Moscow rebuild its war machine
CFTC said to be probing big banks' confidential agreements in swaps, clearing businesses
The U.S. derivates market regulator has asked top domestic lenders for information on their non-disclosure agreements in their swaps and clearing businesses in order to see whether they silence potential whistleblowers
Climate change, stifled mergers and other challenges facing banks and investors
The issues facing banks today are signs of the times: A focus on activism and disclosing climate metrics, in addition to banks having to adjust to new Federal Reserve and Federal Deposit Insurance Corp. policies, are challenging organizations and their investors.
Mortgage costs rise as banks confirm higher rates
Many homeowners could face higher monthly payments after some of the UK’s biggest lenders confirmed mortgage rate increases.
Banks risk “significant” losses on private equity exposures
Leverage, illiquidity and complex structures make funds vulnerable
Europe’s largest banks are moving into crypto thanks to regulations
Some of the European Union’s largest banks are looking to enter the crypto industry as a result of clarity offered by the bloc’s adoption of the Markets in Crypto-Assets Regulation (MiCA).
Seven out of ten Brazilian banks adopt face biometrics
A law stipulates that biometrics should be offered as an option
WHILE CRACKING DOWN ON REMOTE- AND HYBRID-WORKING ARRANGEMENTS, BANKS FACE A DELICATE BALANCING ACT
Failure to follow the workplace excellence expectations applicable to your role within two weeks of the date of this notification may result in further disciplinary action,” warned the Bank of America (BofA) in a letter sent out to an employee in January
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