Rachel Reeves Urged to Impose Thatcher-Style Bank Tax, Raising Billions
Remember Margaret Thatcher’s bold moves? Rachel Reeves is now being urged to channel her inner Iron Lady with a new bank tax! This isn’t just about banks;…
Japan Unveils Sweeping Tax Reforms to Boost Digital Asset Investment
Big news from the Land of the Rising Sun! Japan is shaking up its tax laws for digital assets, making crypto investments potentially much more attractive. Think…
Visa Halts US Open-Banking Unit Amid Regulatory Hurdles, Shifts Focus
Ever wonder why a financial giant would step back from innovation? Visa just hit the brakes on its US open-banking unit, pointing fingers at regulatory roadblocks. It’s…
SBA Halts ‘Debanking’ Practices, Reversing Obama-Era Financial Policies
Ever wonder if your political beliefs could affect your bank account? The Small Business Administration just made a major move, ordering lenders to stop ‘debanking’ customers for…
Financial Regulatory Fines Skyrocket 417% Amidst Digital Asset Scrutiny
Ever wonder what happens when financial institutions don’t play by the rules? Regulators aren’t holding back, especially on digital asset firms! Fines have quadrupled to a staggering…
PNC’s New Risk Chief Navigates Deregulation, Reallocates Banking Resources
Ever wonder how banks navigate changing rules? PNC’s new risk chief, Amy Wierenga, is shaking things up, seeing opportunities to reallocate resources as regulations shift. It’s a…