Spanish Regulator Imposes $47 Million Fine on Santander
Banco Santander was reportedly fined 40 million euros ($47 million) by a Spanish regulator due to past deficiencies in internal processes in Spain at its digital unit Openbank.
The fine...
House Bill Would Change Asset-Based Thresholds for Bank Regulations
A bill advanced to the House of Representatives by the House Financial Services Committee aims to reduce unnecessary regulatory burdens on community banks and small credit unions, the committee said i...
UBS Considers Offering Crypto Trading Through Private Bank
Swiss banking giant UBS reportedly plans to begin offering cryptocurrency trading in response to growing demand from wealthy clients.
UBS has been considering partners for this push into cr...