Nigeria dropped tax evasion charges against two Binance executives on Friday after the world’s largest crypto exchange appointed a local representative to face all court processes relating to the allegations on its behalf.
China approved its first exchange-traded funds (ETFs) investing in Saudi Arabia equities on Friday, fund managers told Reuters, as Beijing expands ties with the Middle East amid rising tensions with the West.
Globe Life has started a review of “potential vulnerabilities” in a web portal that could have allowed unauthorized access to its customers’ information, after an inquiry from a state regulator, the insurer said on Friday.
Britain’s Prudential Regulation Authority (PRA) has asked Barclays to review its exposure to leveraged finance, a source familiar with the matter said on Friday, part of an industry-wide probe into lenders’ exposure to the private equity industry.
Japan’s securities watchdog recommended on Friday that the banking and securities units of Mitsubishi UFJ Financial Group (MUFG) be penalised for what it said was unauthorised sharing of client information.
Indonesia’s central bank intervened in the foreign exchange market to defend the rupiah, its governor said on Friday, vowing to use monetary policy to stabilise the currency after it fell
U.S. Treasury Secretary Janet Yellen said Thursday that she believes the largest Chinese banks are mindful of U.S. sanctions against Russia and do not want to violate them, but added the U.S. will not rule out taking action if it deems it necessary.
BNP Paribas , the euro zone’s biggest lender, and French rival BPCE plan to form a joint venture in the payments sector, the two companies said on Thursday.
The European Union’s borrowing costs rose on Thursday as investors tried to assess what MSCI’s decision to leave the bloc out of its government bond indexes meant for jointly issued EU debt.
Edmond de Rothschild Group, a specialist in asset management and private banking, is set to open an office in Saudi Arabia this year and launch a platform to provide debt finance for infrastructure projects there, the Swiss bank said on Thursday.
