Just six months ago, CEOs, celebs and world leaders like Bill Clinton and Tony Blair flocked to him, gathering at a Davos-like conference he hosted in the Bahamas where he Read more
Tag: Regulatory Bodies
The $26 billion rise and fall of FTX crypto king Sam Bankman-Fried
Just six months ago, CEOs, celebs and world leaders like Bill Clinton and Tony Blair flocked to him, gathering at a Davos-like conference he hosted in the Bahamas where he Read more
Casino regulator hits Australia’s Star with A$100 million fine, suspends license
SYDNEY — The casino regulator in New South Wales state has hit Star Entertainment Group Ltd. SGR, +0.39% with a fine of 100 million Australian dollars (US$62 million) and suspended Read more
U.K. pensions regulator pushed funds into derivatives strategy that prompted Bank of England rescue
The derivatives-based investment strategy that tipped the U.K.’s pension sector into crisis started with good intentions: Help companies fulfill promises they made to employees to pay a steady income through Read more
Opinion: Congress must deny a special waiver Boeing seeks for the next version of the 737 MAX
It’s been only three years since two Boeing 737 MAX 8 planes crashed in a span of five months. A total of 346 people were killed in the two disasters. Read more
Deloitte China to pay $20 million SEC penalty for audit failures ‘at the most basic level’
The Securities and Exchange Commission announced Thursday that Big-Four accounting firm Deloitte’s China affiliate had agreed to pay $20 million to settle charges that it has asked clients to select Read more
Alibaba stock shoots higher after company beats on earnings, says business improved in June
Shares of Alibaba Group Holding Ltd. were rising more that 5% in premarket trading Thursday after the Chinese e-commerce company topped expectations with its latest financials and indicated that business Read more
China’s banking regulator vows to tackle risks from property sector, small lenders
China’s banking regulator is moving to address rising financial risks stemming from the country’s slumping property market and several small banks ensnared in a liquidity crisis. The China Banking and Read more
Fed’s top banking regulator Michael Barr confirmed by Senate
The Biden administration saw a key figure of its financial-regulatory team move into place as the Senate confirmed Michael Barr to become the government’s most influential banking regulator. Barr’s confirmation Wednesday as Read more
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