The Bank of International Settlements reports that after-tax profits for largest internationally active banks had grown to a record 279 billion at end of H1 2023, while LCR coverage has improved to 137 per cent for G-SIBs
The UK financial conduct regulator has written to company heads outlining weaknesses in their controls to prevent financial crime and instructing that they must take necessary steps to address these shortcomings
He has served as SVP for network and regulatory solutions in S&P Globals London office since March 2022, working within a team that has built a global regulatory reporting solution that now supports more than 500 firms worldwide
Trading volumes on Eurex Repo, the electronic market for secured financing, have increased by 7 per cent year-on-year (YoY) to 346.8 billion for February
The German exchange group announced a commitment to deliver an integrated digital asset platform as part of its Horizon 2026 programme. It will operate the trading platform, with Crypto Finance (Deutschland) providing clearing and settlement
The report includes a series of market and policy recommendations to encourage the development of a safe and efficient over-the-counter (OTC) derivatives market
Through this solution, CGS International aims to extend automation and to minimise costs, as well as to simplify workflows and exception-based processes