Key insight: The Office of the Comptroller of the Currency is pulling a requirement that banks above $100 billion in assets provide detailed recovery plans. Supporting data: The agency argues the ...

The present banking system is very fragile in some sense, and it is something to be concerned about, according to the legendary investor Warren Buffett. When asked during an interview with CNBC News ...

The World Bank warned that Mozambique’s current economic trajectory puts $50 billion in gas projects at risk, one of the starkest warnings yet on the nation’s persistent debt-fueled overspending. The ...

A top banking regulator is on the verge of letting crypto firms become banks. Banks aren’t happy about it. Jonathan Gould, one of the country’s most powerful banking regulators, has given the green ...

The Bank of Canada said it completed an experiment testing how tokenized bonds can move through financial markets in conjunction with a group of the country's largest lenders. The government's Export ...

The Bank of Japan (BOJ) announced expansion of its blockchain experimentation for settling central bank reserves, while highlighting that efforts for a retail central bank digital currency (CBDC) are ...

Stablecoins that offer interest-bearing rewards may increasingly resemble bank deposits. But unlike traditional deposits, they lack the regulatory safeguards that undergird the banking system. That ...

The Treasury Department on Thursday threatened to cut off MBaer Merchant Bank AG’s access to U.S. financial institutions over the Swiss bank’s alleged ties to sanctioned Iranian and Russian actors.

The U.S. Treasury Department on Thursday said it’s proposing to sever a Swiss bank from the U.S. financial system over alleged illicit ties to Russia and Iran. Treasury Secretary Scott Bessent said ...

WASHINGTON/ZURICH, Feb 26 (Reuters) - The U.S. Treasury handed Swiss private bank MBaer Merchant Bank AG a potentially crippling blow on Thursday by threatening to sever its access to the U.S.

He wrote, “As we conclude the final leg of our Project BRIDGE Investment Tour in Europe this week, following several extremely positive engagements, I am pleased to confirm the formal approval by the ...

Once envisioned as a bridge between Java and JavaScript, the Detroit project never got off the ground. Now, there are efforts at reviving it, adding a Python engine to the mix. Intended to enable ...