Tag: Banking

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Britain aligns with EU on delaying Basel bank capital rules

The Bank of England said that it planned to delay implementing a final set of post-financial crisis capital requirements for banks until January 2025....

Goldman Sachs raised COO pay by 78%

Goldman Sachs Group Inc President and Chief Operating Officer John Waldron's total compensation for 2021 was $33 million. This is up nearly 78% from a...

Barclays suspends sales of two products linked to oil, volatility

British bank Barclays said that it had suspended the sales and issuance of two exchange-traded notes (ETNs) with combined assets of about $1 billion. In...

Deutsche bank to wind down Russia

Deutsche Bank which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said that it would wind down its...

Europe’s banks brace for Russia fallout

European banks were bracing for the fallout from fresh global sanctions. This is as the Ukraine crisis escalated. Even the U.S. bank executives said...

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China’s AI Stock Boom Collapses as $480 Billion in Market Value Is Wiped Out

China’s artificial intelligence and semiconductor stocks have suffered a...

Trump Says US Crackdown Has Prevented Billions in Losses From Overseas Scams

US President Donald Trump said his administration has made...

Palantir Assures Europe NATO’s Military AI System Cannot Be Switched Off Amid US Technology Concerns

US software company Palantir Technologies has sought to ease...

Anthropic Reports $80.7 Billion First-Half Loss as AI Infrastructure Costs and IPO Scrutiny Intensify

Anthropic, the San Francisco-based artificial intelligence company behind the...

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