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Capping Credit Card Interest Rates Would Reduce Credit Available to Less Affluent, Harm Individuals with Poor Credit Scores
President Donald Trump roiled the financial services sector this past week with his declaration that credit card interest rates would be capped at 10%. Of course, this would probably take an act of Co...

BNP Paribas Launches Unified Asset Management Platform for European Markets
BNP Paribas (EPA: BNP) has officially launched a unified asset management platform, positioning itself as a key European player with extensive global influence. The merger, completed recently this pas...

Trump Administration May Be Backing Away from Investigation of Fed Chair Jerome Powell
In one of the outlandish moves by the Trump Administration, it emerged this past weekend that the US Department of Justice was investigating Fed Chair Jerome Powell over cost overruns for renovations ...

How January, 2026 Will Shape the Business Year
Business commentators believe 2026 will see steady progression in AI usage, with it frequently absorbed into daily operations. Hyperpersonalization, hybrid work, and human centricity are other themes....

Digital Bank OakNorth Extends £4 Million Revolving Credit Line to Verso Wealth Management
In a move set to further bolster growth in the United Kingdom’s financial advisory landscape, digital bank OakNorth has recently extended a £4 million revolving credit facility (RCF) to Verso Wealt...

Illicit Crypto Transactions Reached All-Time High in Past Year, Report Claims
Illicit cryptocurrency transactions reached an all-time high of $158 billion in 2025, according to TRM Labs‘ newly released 2026 Crypto Crime Report. This figure marks a 145% increase from the $64.5...

Italy’s Intesa Sanpaolo Continues to Focus on Debt Capital Markets, Sustainable Initiatives
Intesa Sanpaolo continues to solidify its position as a key player in debt capital markets and sustainable initiatives. The Italian banking institution has recently announced significant bond market t...

Banco Santander Completes Sale of Stake in Polish Unit to Erste Group
Banco Santander (NYSE: SAN) has finalized the sale of a 49% stake in its Polish subsidiary, Santander Bank Polska S.A., to Austria’s Erste Group Bank AG. The transaction, announced last year and com...

Morgan Stanley Plans to Launch Cryptocurrency Wallet
Global investment bank Morgan Stanley (NYSE:MS) is reportedly preparing to introduce its own digital wallet later this year. This development comes as the firm intensifies its efforts in the digital a...

UK Lawmakers Push for Total Ban on Crypto Donations to Political Parties
In a significant escalation of the ongoing discourse surrounding digital currencies in British elections, the heads of seven parliamentary committees have formally requested that the UK government imp...