According to the Association for Financial Markets in Europe, “this year’s stress test showed that the steps that both banks and supervisors had taken to strengthen the resilience of the EU banking sector had paid off"
BlackRock and Jio Financial Services have partnered to form Jio BlackRock, a joint venture to deliver investment solutions for millions of investors in India
Hong Kong Exchanges and Clearing Limited and the Indonesia Stock Exchange have signed a memorandum of understanding, with the intention of developing the organisations and their markets
The Securities and Exchange Commission has adopted rules requiring companies to disclose material cybersecurity incidents and provide annual information on their cybersecurity risk management, strategy and governance practices
Financial close solutions provider Trintech has acquired Fiserv’s Frontier Reconciliation and Accurate Reconciliation business in North America and EMEA
The Federal Reserve Board has announced a consent order and US$268.5 million fine with UBS Group AG for misconduct by Credit Suisse, which UBS subsequently acquired in June 2023
