Payment orchestration platform Yuno has raised a $45 million Series B led by Global PayTech Ventures, and the direction of travel matters more than the cheque size. Orchestration was sold as a neutral routing layer…
John C Williams: A tale of many economies
As prepared for delivery Thank you for that kind introduction and for having me to speak today. I'm an economist, so I naturally have a fascination with data, statistics, and what we can learn from…
Lael Brainard: Perspectives on the economy from Scranton
Thank you to my colleague Pat Harker for the invitation to join him here this evening. In my time at the Federal Reserve, I have found that hearing directly from people around the country about…
Jerome H Powell: Welcoming remarks – “Stress Testing:…
Good morning everyone and thank you to President Rosengren and the Boston Fed for hosting this conference. The Federal Reserve is strongly committed to stress testing as a cornerstone of our bank supervisory and financial stability…
CFTC Concerned with “Opportunistic Strategies” in Credit Derivatives
The Commodities Futures Trading Commission (CFTC) held its most recent podcast/webcast CFTC Talks and this one focused on these so-called “opportunistic strategies”. In this case, this is a euphemism for certain market manipulation. “The continued…
HSBC Agrees to Extend Redress Scheme for Customers…
HSBC has voluntarily agreed to extend redress scheme for customers who may have lost out by paying an unreasonable debt collection charge imposed by HFC Bank Ltd (HFC) and John Lewis Financial Services Limited (JLFS),…
Fed Rate Cut Euphoria Lifts Stocks, Plagues Dollar
Summary: Increased expectations of a Fed rate ease at the end of this month continued to plague the Dollar and lift stocks. US data on Friday showed that Producer Prices increased 0.1% in June as…
Richard Baldwin Conviction for Money Laundering Revealed After…
On 13 July 2017, Richard Baldwin was convicted of dealing in criminal property between October 2007 and November 2008. The criminal property laundered was £1.5 million representing the proceeds of a conspiracy to insider deal…
CFTC and SEC Invite Public Comment on a…
Washington D.C., July 9, 2019 — The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) (together, the Commissions) have approved a joint proposal to align the minimum margin required on security…