The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (Asic) have expressed grave concerns about the management of operational risk at the country’s leading stock exchange following a batch settlement failure in December last year.
Denmark officially brought charges to Nordea in the country’s biggest money laundering case to date, stating the bank violated the Danish anti-money laundering act several times between 2012 and 2015.
A recent Reinsurance News poll, which drew responses from hundreds of industry professionals, suggests that regulatory mandates are viewed as the primary driver for the adoption of environmental, social, and governance (ESG) principles within the re/insurance sector.
Used-vehicle values are seeing a boost as consumer demand rises amid tariff concerns. The Exponential Used Vehicle Index, measuring wholesale prices of…
Lead Bank has hit a $1.47 billion valuation after raising $70 million to serve fintech and crypto firms.
Worldcoin, the crypto biometric project fronted by OpenAI boss Sam Altman, has been temporarily banned in Portugal over data privacy concerns.
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Barcelona-based wealth management platform Flanks has raised €14 million in an equity round led by Motive Ventures.
Financial services holding company Ambac has posted a net loss of $16 million and an adjusted net income of $10 million for the fourth quarter of 2023.
Insurance and reinsurance broking group Gallagher has announced the appointment of Sanjay Mehra as Head of Marine in India.
Green fintech Sugi has launched a feature enabling users to offset the carbon impact of their investments.
