‘Completely Unresponsive’: US Regulators Open Probe Into EVs That Suddenly Lose Acceleration Nick Pope on June 20, 2023 U.S. auto regulators have opened a preliminary safety investigation into a Hyundai …
Regulators
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LONDON (Reuters) – “Call of Duty” maker Activision Blizzard has been given permission to intervene in Microsoft’s legal battle with Britain’s anti-trust regulator over its decision to block the $69 …
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By Huw Jones LONDON (Reuters) -The European Union’s executive body said on Wednesday it has formally adopted a draft memorandum of understanding (MoU) to allow financial regulators from Britain and …
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By Andrea Shalal NIIGATA, Japan (Reuters) – The current banking environment and pressures on earnings of some U.S. regional banks may lead to some concentration in the sector, and regulators …
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By Pete Schroeder and David French (Reuters) -Two U.S. regulators have approved the sale of a majority stake in TIAA’s banking arm to a consortium of private equity firms, a …
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BRUSSELS (Reuters) – EU antitrust regulators extended on Friday their deadline for a decision on U.S. chipmaker Broadcom’s proposed $61 billion bid for cloud computing firm VMware by three days …
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SYDNEY (Reuters) -The privacy regulators for Australia and New Zealand said on Wednesday they had begun a joint investigation into the personal information handling practices at consumer finance firm Latitude …
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By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) -Banking sector problems in the United States and Europe were caused by liquidity and interest rates risks, but won’t impact on Japan’s …
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Federal Regulators Seize And Sell Major Bank To JPMorgan Chase Jason Cohen on May 1, 2023 Federal regulators took ownership of the First Republic Bank and sold it to JPMorgan …
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WASHINGTON (Reuters) – The International Monetary Fund (IMF) appreciates quick action by U.S. regulators to seize First Republic Bank and find a private buyer, an IMF spokesperson said on Monday. …
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(Reuters) – The Federal Reserve and Federal Deposit Insurance Corp issued detailed reports on Friday on what went wrong and where their supervisors came up short in the run-up to …
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By Huw Jones LONDON (Reuters) – European Union plans, due next week, will seek to speed up handling of failing banks to ensure they are not bailed out by taxpayers …
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BRUSSELS (Reuters) – EU antitrust regulators gave unconditional approval for Alphabet unit Google’s acquisition of Croatian maths app Photomath, the European Commission said in a statement on Tuesday. The EU …
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World’s Largest Crypto Exchange Sued By US Regulators Jason Cohen on March 27, 2023 The Commodity Futures Trading Commission (CFTC) sued Binance, the world’s largest cryptocurrency exchange, and its CEO …
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(Reuters) – The Swiss National Bank and Swiss regulator FINMA have told their international counterparts they regard a deal with UBS Group as the only way to prevent a collapse …
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WASHINGTON (Reuters) – Federal regulators and the Treasury Department on Thursday welcomed a decision by 11 larger banks to deposit $30 billion into regional bank First Republic Bank and said …
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By Xie Yu and Selena Li HONG KONG (Reuters) – Officials from the U.S. audit watchdog will start a new round of inspections in Hong Kong on Chinese companies’ auditors …
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By Josh Ye HONG KONG (Reuters) – Chinese ride-hailing company Didi Global plans to expand services and offer more subsidies to passengers and drivers, it said on Thursday, looking to …
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(Reuters) – Most Republican members want answers from regulators as to why they were “asleep at the switch” over the collapse of Silicon Valley Bank and it is premature to …
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By Ross Kerber (Reuters) – U.S. Senators Bob Menendez and Elizabeth Warren on Wednesday called on federal regulators to issue guidance to speed the adoption of a new merchant category …
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ABOARD AIR FORCE ONE (Reuters) – U.S. financial regulators have the tools they need to deal with disruptions and supervise banks, and President Joe Biden is confident in the steps …
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WASHINGTON (Reuters) – The White House on Friday said it had faith and confidence in U.S. financial regulators, when asked about the failure of SVB Financial Group, the largest bank …
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By Foo Yun Chee BRUSSELS (Reuters) – Casino and Intermarche on Thursday won the backing of Europe’s top court in their fight against EU antitrust regulators and their attempt to …
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By Allison Lampert (Reuters) – Aerospace companies are pushing U.S. regulators to simplify domestic rulemaking, after delays led the country’s aircraft engine makers to a European agency to meet a …
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By Hannah Lang and Elizabeth Howcroft (Reuters) – Crypto companies offering their customers eye-popping yields through so-called “staking” products are earning the ire of the U.S. securities regulator who says …