The G7 Cyber Expert Group (CEG) successfully completed a cross-border coordination exercise on April 17th, 2024, simulating a large-scale cyberattack on financial institutions across all […]
Tag: Financialsector
BoE and FCA Collaborate for Transforming Data Collection in UK Finance
The ever-evolving financial landscape demands efficient and clear regulatory data collection. Recognizing this need, the Bank of England (BoE) and the Financial Conduct Authority (FCA) […]
Capital One Takes Aim at Payments Giants with $35.3 Billion Discover Acquisition
In a move expected to shake up the payments landscape, Warren Buffett-backed Capital One announced a $35.3 billion all-stock acquisition of fellow U.S. credit card […]
December 2023 SESFOD Survey: Credit and Market Trends
The European Central Bank (ECB) released the findings of the December 2023 Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives […]
OSFI Unveils Guidelines to Safeguard Canadian Banks Against Foreign Interference and Security Risks
In a proactive move to fortify the nation’s financial sector, Canada’s banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), has released final […]
HSBC Charts Course for Climate Action with Inaugural Net Zero Transition Plan
In a pivotal move towards its long-term climate commitments, HSBC unveiled its first Net Zero Transition Plan this week. This comprehensive document details the global […]
Royal Bank of Canada (RBC) Gains Approval for HSBC Bank Canada Acquisition
In a significant development, the federal Minister of Finance has given the green light for Royal Bank of Canada (RBC) to proceed with the acquisition […]
Nathanaël Benjamin Appointed as Executive Director at Bank of England
London, UK – November 7, 2023 – In a significant development, the Court of the Bank of England has appointed Nathanaël Benjamin as the new […]