The Eurozone Banks" Trillion-Dollar Timebomb

Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion euros ($1.2 billion) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market......»»

Barclays, Citigroup, HSBC, JPMorgan and three other banks are set to be fined by EU antitrust regulators in coming weeks for rigging the multi-trillion dollar foreign exchange market, two people familiar with the matter said. Ciara Lee reports......»»

This is a preview of a research report from.....»»

Regulators should scrutinize clearing houses and banks together to spot financial stability threats from the world's multi-trillion dollar derivatives market, the Bank for International Settlements said on Sunday......»»

The European Commission suspects Deutsche Bank AG, Credit Suisse Group AG and two other global banks of colluding to manipulate a multi-trillion-dollar government-backed bond market, escalating a long running probe......»»

This is a preview of a research report from Business .....»»

The US is drawing up plans to cut Chinese banks off fro the global financial system, according to The Wall Street Journal. A Chinese flag flies near buildings in the central business dis.....»»

The entire ecosystem is down to $1.6 trillion Wednesday, wiping out nearly $1 trillion from its $2.6 trillion dollar va.....»»

The executive ins.....»»

US Launching Five Digital Dollar Pilot Programs By now it's common knowledge that China is leaps and bounds ahead of all other central banks in launching a CBDC, or Central Bank Digital Currency (which Beijing vows is not a challeng.....»»

This week concludes the first quarter earnings reports of the five biggest giants in tech, illustrating how much bigger Big Tech actually grew since the pandemic began a year ago, and their results are mind-numbing......»»

This week concludes the first quarter earnings reports of the five biggest giants in tech, illustrating how much bigger Big Tech actually grew since the pandemic began a year ago, and their results are mind-numbing......»»

Manchin "Very Uncomfortable" With Biden's Trillion Dollar Plans Update (1505ET): Unsurprisingly, Democratic Sen. Joe Manchin is "very uncomfortable" wi.....»»

The Bank of England, the Bank of Japan, the European Central Bank and the Swiss National Bank, in consultation with the Federal Reserve, have jointly decided to discontinue o.....»»

A close look at the so-called Total Addressable Market.....»»

The ECB's main interest rate will stay at -0.5%, while the coronavirus bond-buying package will stay at 1.85 trillion euros ($2.23 trillion). Christine Lagarde is the president of the European Central Bank. Olivier Matthys/Pool via Reuters The .....»»

A group of investors managing $11 trillion in assets has called on banks to set tougher emissions targets ahead of a meeting of world leaders aimed at accelerating efforts to fight climate change......»»

Excess Liquidity In The Eurozone Has Doubled To €4 Trillion In One Year: What Are The Costs B.....»»

Wall Street on Tuesday may be seeing muted action but investors were still buzzing about the highly leveraged wrongway bet reportedly employed by Bill Hwang's Archegos Capital Management, which may have saddled many banks with multibillion-dollar losses......»»

A U.S. judge on Wednesday dismissed litigation accusing 10 large banks of conspiring to suppress competition in the now $21.2 trillion market for U.S. Treasury securities......»»