SoftBank Group is reportedly asking global banks to borrow $5 billion as founder Masayoshi Son pours funding into AI investments.

UK investors should prepare for the possibility of a sharp correction in the value of UK stocks due to falsely inflated valuations for AI companies, according to the Bank of England.

An Australian court has ruled in favour of the country’s securities regulator against the local operator of the Kraken crypto exchange over design and distribution obligations when offering a margin trading product.

The Prague Stock Exchange is implementing distributed ledger technology in the settlement of securities under the EU’s DLT pilot regime.

Anthropic, the AI startup backed by Amazon and Google, has expanded Claude for Financial Services with an Excel ad-in and more connectors to real-time market data and portfolio analytics, including from LSEG.

Royal Bank of Canada’s online brokerage is rolling out international trading in multiple foreign currencies to its investors.

UBS Asset Management has launched a tokenized money market investment fund built on ethereum distributed ledger technology.

The European Central Bank has waned of the grave transition risks for banks that fail to prepare for a low carbon economy.

Marlin Equity Partners has taken a majority stake in UK financial crime RegTech Napier AI. Terms were not disclosed.

A data centre cooling system problem halted futures and options trading at the Chicago Mercantile Exchange for several hours.

The Securities and Exchange Commission says a “SIM swap” attack was to blame for the hack on its X account earlier this month.

Corporate bond trading platform LedgerEdge has gone into administration just a year after its live launch.

Adopting distributed ledger technology in the pursuit of faster settlement times could hit liquidity and increase transaction costs, warns research from the World Federation of Exchanges (WFE).

JP Morgan has struck a deal to offer its JPM Coin digital token as a settlement mechanism for Broadridge’s DLR (Distributed Ledger Repo) platform.

EquiLend has warned clients that services could be down for several days after the securities lending trading platform was hit by a cyber-attack.