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SEC to Notify Businesses of Technical Violations Before Taking Action
U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins vowed to give businesses notice of technical violations before “bashing down their door,” signaling a shift away from aggressive enforcement actions.

By The Financial District
Sep 17, 20251 min read


Wharton Professor Issues Gruesome Warning on Bitcoin as Dollar Rival
Jeremy Siegel, professor at the Wharton School and chief economist at investment firm WisdomTree, told CNBC that Bitcoin could become a serious competitor to the US dollar as the world’s reserve currency.

By The Financial District
Sep 15, 20251 min read


BlackRock Loses $17 Billion Dutch Pension Fund PFZW
BlackRock Inc. (BLK) has lost a mandate worth €14.5 billion ($17 billion) with one of the largest pension funds in the Netherlands, amid concerns the world’s biggest money manager isn’t acting in clients’ best interests on climate risk.

By The Financial District
Sep 10, 20251 min read


PNB Undertakes Sustainability at its Core
In today’s financial landscape, the true bottom line has three columns: profit, people, and planet.

By The Financial District
Sep 8, 20252 min read


Trump Asks Supreme Court to Uphold Freeze on Billions in USAID Payments
Lawyers for the Trump administration filed an emergency appeal to the Supreme Court, asking the justices to halt a lower court injunction and allow the government to freeze billions in foreign aid spending previously allocated by Congress.

By The Financial District
Sep 4, 20251 min read


Aussie Watchdog Orders Binance Unit to Conduct Audit Over Money Laundering
Australia’s financial crime watchdog has ordered Binance’s local unit to appoint an external auditor after identifying shortcomings in its anti-money laundering and counter-terrorism financing controls.

By The Financial District
Aug 27, 20251 min read


ADB, GSA Sign $26.8-M Loan to Build Thailand’s First Green Data Center
From cloud to AI, data centers power growth. But they must be green.
ADB & GSA’s $26.8M partnership sets the tone for ASEAN’s digital future.

By The Financial District
Aug 27, 20252 min read


Standard Chartered Shares Fall 9% After U.S. Lawmaker Calls for Probe
Standard Chartered shares fell nearly 9% on Friday after US Republican lawmaker Elise Stefanik asked Attorney General Pam Bondi to launch a probe into the bank over alleged sanctions evasion.

By The Financial District
Aug 26, 20251 min read


SoftBank Strengthens Role in AI Race
SoftBank and Intel confirmed Monday that Masayoshi Son’s conglomerate will invest $2 billion in Intel stock, making SoftBank the chipmaker’s sixth-largest shareholder.

By The Financial District
Aug 25, 20251 min read


Company Launches Financial Intermediary for Doctors
Facing critical shortages of doctors and nurses, startup Medallion launched a new financial intermediary to ease the administrative burden on physicians.

By The Financial District
Aug 21, 20251 min read


Millions Of Americans To Pay 75% Surge In Insurance Premiums Next Year
A perfect storm of rising health care costs, expensive new drugs, and the scheduled end of enhanced federal subsidies could drive Affordable Care Act (ACA) Marketplace premiums to their steepest levels in years—hitting more than 24 million Americans in their wallets.

By The Financial District
Aug 20, 20252 min read


Trump Orders Goldman Sachs to Oust Its Top Economist
President Donald Trump said Goldman Sachs CEO David Solomon should either replace the bank’s chief economist or “just focus on being a DJ.”

By The Financial District
Aug 18, 20252 min read


Japan’s SoftBank Sees Better Fortunes on Surging AI Stocks
Japanese technology conglomerate SoftBank Group Corp. posted a 421.8 billion yen ($2.9 billion) profit in the April–June quarter, rebounding from a loss a year earlier.

By The Financial District
Aug 14, 20251 min read


Standard Chartered CEO Works At the Office Only Four Days A Week
Standard Chartered CEO Bill Winters is standing out in the global banking sector by maintaining a flexible hybrid work policy and resisting the rigid office mandates now sweeping Wall Street.

By The Financial District
Aug 12, 20252 min read


Latest U.S. Economic Data Could Weaken Banks’ Strong Run
Weaker-than-expected economic data—underscored by July’s disappointing payroll report recently released—is challenging the strong momentum that has propelled U.S. bank stocks to record highs this year.

By The Financial District
Aug 11, 20251 min read


BOE Likely to Cut Rates Despite Spike In Inflation
The Bank of England (BOE) is likely to deliver another interest rate cut on Thursday, as tax hikes and wary consumers weigh down Britain’s economy and prompt firms to slow hiring.

By The Financial District
Aug 8, 20251 min read


Student Borrowers Risk Having Their Wages Garnished Over Loans
Millions of student borrowers could begin having their wages garnished as soon as this summer, according to estimates from credit bureau TransUnion.

By The Financial District
Aug 8, 20251 min read


UK’s Fintech Giant Revolut to Open Global Hub In PH
The United Kingdom’s leading financial technology (fintech) firm, Revolut—which currently serves over 60 million users and facilitates more than half a billion transactions every month worldwide—is set to establish its second Global Tech Hub in Asia, right in the Philippines.

By The Financial District
Aug 6, 20253 min read


UBS To Pay $300-M To Resolve U.S. Mortgage Securities Cases
UBS said it will pay $300 million to settle outstanding obligations related to the misselling of mortgage-linked investments by Credit Suisse in the U.S.

By The Financial District
Aug 5, 20251 min read


Even As Americans Swim In Debt, They Still Hold Up Fine, Says Bank
ericans are carrying more debt than ever, but so far, borrowers appear to be managing, according to financial results from Synchrony.

By The Financial District
Aug 4, 20251 min read


Ex-Citigroup Chairman Donates $100-M For Cancer Research Hubs
Sanford “Sandy” Weill, the former CEO and chairman of banking giant Citigroup, and his wife Joan, longtime donors to medical research on both coasts of the U.S., are stepping up their efforts.

By The Financial District
Aug 4, 20251 min read


HSBC Profit Tumbles As China Losses Mount
HSBC Holdings reported a sharper-than-expected drop in profit, weighed down by write-downs linked to its exposure to a Chinese bank and Hong Kong real estate.

By The Financial District
Aug 4, 20251 min read


BDO Raises ₱115 Billion In ASEAN Bonds
BDO Unibank, Inc. successfully raised PHP115 billion for its fourth peso-denominated ASEAN Sustainability Bond issuance—23 times oversubscribed from the original offer of PHP5 billion.

By The Financial District
Jul 30, 20251 min read


$550-B Package In Trade Deal Could Finance Taiwanese Chipmaker In U.S.
Japan’s $550 billion investment package, agreed to under this week’s U.S. tariff deal, could help finance a Taiwanese company building semiconductor plants in the U.S.

By The Financial District
Jul 30, 20252 min read
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