The firm behind Binance's stablecoin, Paxos Trust Company, is in talks with the U.S. Securities and Exchange Commission after the regulator told the company it should have registered the token as a security, according to an internal email from Paxos' chief executive officer.
The Swiss financial regulator is reviewing remarks made by Credit Suisse Group Chairman Axel Lehmann about outflows from the lender having stabilised in early December, two people with knowledge of the matter have told Reuters.
SYDNEY, Feb 21 (Reuters) - Australia's central bank, startled by the risk that inflation could prove stickier than previously thought, abandoned all thought of pausing at its February policy meeting and signalled more rate hikes would be needed in the months ahead.
The disappearance of a star Chinese dealmaker has left his bank struggling to reassure clients and staff, people with knowledge of the matter said on Monday, and has heightened concerns about "key man risk" for investors.
Raiffeisen Bank International's shares suffered their worst daily drop since the onset of the Ukraine war on Monday, after news that the Austrian lender has drawn the attention of U.S. sanctions officials over its Russian business.
Australia's Link Administration Holdings (Link Group) said on Monday that it is in advanced discussions to settle a probe into its UK-based Link Fund Solutions (LFS) unit and to sell the firm to Dublin-based Waystone Group.
China's banking regulator and the central bank plan to adopt a more differentiated regulatory system for assessing commercial banks' capital adequacy and risk management, in a step to better prevent risks in the country's financial system.
France's AMF market regulator has given its banks and members eighteen months to find new ways to settle India-based trades amid a stand-off between Indian financial regulators and the European Securities Market Authority (ESMA), it said in a statement on Friday.
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