Regulator Seeks Kushner Loan Details From Deutsche Bank, Two Others
March 5, 2018

New York’s banking regulator has asked Deutsche Bank AG and a pair of local lenders to provide information about their relationships with Jared Kushner, his family and the Kushner Cos., according to people familiar with the matter.

The state’s Department Continue reading

Muellers Move on Ex-Skadden Lawyer Puts Heat on Manafort, Gates
February 25, 2018

U.S. Special Counsel Robert Mueller intensified legal pressure on ex-Trump campaign chairman Paul Manafort and his deputy, Rick Gates, by filing a false-statements case against a lawyer who did Ukraine-related work with the two men.

Prosecutors accused the attorney, Continue reading

Yellen Says Prices `High’ for Stocks, Commercial Real Estate
February 24, 2018

Outgoing Federal Reserve Chair Janet Yellen said U.S. stocks and commercial real estate prices are elevated but stopped short of saying those markets are in a bubble.

“Well, I don’t want to say too high. But I do want to Continue reading

Nordea’s Bitcoin Ban Leaves Financial Regulator Taking Back Seat
February 19, 2018

As Nordea Bank AB blazes a trail in Europe by banning its employees from trading Bitcoin and other cryptocurrencies, the regulator is taking a back seat in a decision-making process it says is better left to the industry.

Sweden’s Financial Continue reading

For Chinas Wealthy, Singapore Is the New Hong Kong
February 11, 2018

When more than 80 of China’s wealth managers gathered recently at the Shangri-La hotel on Singapore’s resort island of Sentosa, the chatter during tea breaks kept returning to one theme: Hong Kong is starting to be eclipsed by Singapore as Continue reading

Financial markets could be over-heating, warns central bank body
December 14, 2017

Bank for International Settlements quarterly health check warns global economy resembles era just before financial crash

Investors are ignoring warning signs that financial markets could be overheating and consumer debts are rising to unsustainable levels, the global body for central Continue reading

Germany Tightens the Screws on International Funds to Turkey
November 5, 2017

The German government is wielding its influence with international development institutions to restrict financing to Turkey over an escalating political dispute, people familiar with the matter said.

Germany is actively working to cut funding to Turkey from the country’s state-owned Continue reading

Barclays CEO Says Bank Must Protect Payments Business From Apple, Amazon
November 5, 2017

Barclays Plc will need to defend its advantages in the payments business from encroachment by technology companies including Amazon.com Inc. and Apple Inc., according to Chief Executive Officer Jes Staley.

“There are some tectonic shifts going on, driven by tech Continue reading