News

US banks First Interstate and Great Western are set to combine in an all-stock transaction to create a Midwest behemoth, as an investor rights firm attempts to gather shareholder support against the deal.

20 September 2021

The Bank of England has set out its approach to monitoring third-country systems designated under the UK’s Settlement Finality Regulations.

17 September 2021

Jones Day has hired an in-house fintech specialist at JPMorgan Chase for its New York financial markets practice, as Washington, DC partner Lisa Ledbetter departs for Reed Smith.

17 September 2021

Trade organisation ISDA has called for reform in the ESG-friendly investment sector, calling on market participants to adopt quantitative key performance indicators to verify that sustainability-linked derivatives meet their stated goals.

15 September 2021

The Biden administration has tapped the Commodity Futures Trading Commission’s acting chair Rostin Behnam to fill the role on a permanent basis, and nominated replacements for two of the Commission’s three vacancies.

15 September 2021

Zurich-based FMI operator Six, advised by Heuking Kühn Lüer Wojtek, has obtained the first-ever Swiss licence for a central securities depository to use distributed ledger technology to support digital currencies.

13 September 2021

Lauren Mogensen, Bank of America’s global compliance and operational risk executive, is set to succeed David Leitch as the bank’s general counsel later this year.

13 September 2021

Over two dozen of Europe’s national regulators and central banks have warned the European Commission against introducing any EU-specific deviations from the Basel III framework.

09 September 2021

The US Office of the Comptroller of the Currency has proposed abolishing last year’s contentious reforms to implementation of the Community Reinvestment Act, bringing a pending lawsuit against the rulemaking to a pause.

09 September 2021

Payments regulatory practitioner Oliver Irons is set to join Simmons & Simmons as a partner in its London office.

09 September 2021