Regulators

IBM’s $34B Bid For Red Hat Subject To EU Regulator’s Approval
IBM’s $34B Bid For Red Hat Subject To EU Regulator’s Approval
May 21, 2019  |  Partnerships / Acquisitions

IBM has bid $34 billion for the software company Red Hat, but the deal is subject to approval by EU antitrust regulators, according to a...

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Forced ‘Tech Transfers’ Gain Ground In China
Forced ‘Tech Transfers’ Gain Ground In China
May 20, 2019  |  Regulation

According to the European Union Chamber of Commerce in China, incidences of European companies being “forced” to transfer technology in China are on the rise....

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Chinese Firms Missing $6B In Cash
Chinese Firms Missing $6B In Cash
May 20, 2019  |  B2B Payments

Regulators are taking action after more than $6 billion in cash has disappeared from the books of two Chinese companies, according to Nasdaq reports on...

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EU Fines Banks Billions For Manipulating Currency Prices
EU Fines Banks Billions For Manipulating Currency Prices
May 16, 2019  |  Regulation

The European Union has slapped Barclays, RBS, Citigroup, JPMorgan and MUFG with a €1.07bn fine over allegations that they worked together to manipulate the foreign exchange...

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EU Antitrust Regulators Fine Banks For FX Manipulation
EU Antitrust Regulators Fine Banks For FX Manipulation
May 09, 2019  |  Regulation

European Union antitrust regulators are going to fine seven banks for manipulating the foreign exchange market, according to reports. The banks involved are Barclays, Citigroup,...

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Deutsche Pressured To Trim US Investment Bank
Deutsche Pressured To Trim US Investment Bank
April 16, 2019  |  B2B Payments

Deutsche Bank is reportedly being pressured by European regulators to trim its U.S. investment bank further after years of concerns that the unit is too...

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Zuckerberg Advocates Internet Regulation
Zuckerberg Advocates Internet Regulation
March 31, 2019  |  Facebook

Facebook CEO Mark Zuckerberg wrote an opinion piece in The Washington Post calling on regulators to take a “more active role” in making rules for...

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US Regulators Set Sights On Swedbank As Offices Are Raided
US Regulators Set Sights On Swedbank As Offices Are Raided
March 27, 2019  |  Security & Fraud

Swedbank is the subject of an inquiry by U.S. regulators in the wake of money laundering scandals, reported the Financial Times. In what is seen...

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China Aims To Curb SMBs’ Use Of Pawnshop Loans
China Aims To Curb SMBs’ Use Of Pawnshop Loans
March 12, 2019  |  B2B Payments

Chinese regulators continue to crack down on shadow and alternative lending: Their latest target is the pawnshop financing space, which is often used by small...

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