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Senator Warren warns potential BNY merger with Northern Trust may violate federal banking laws

GLOBAL BUSINESS AND FINANCE MAGAZINE
July 23, 2025
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Senator Elizabeth Warren has warned BNY that its reported interest in a merger with Northern Trust could violate federal banking laws, saying any potential deal between the two large custody banks raises antitrust concerns. Warren, the top Democrat on the Senate Banking Committee and a longtime big bank critic, told BNY CEO Robin Vince in a […]

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US set to cut capital requirements for banks, FT reports

GLOBAL BUSINESS AND FINANCE MAGAZINE
May 15, 2025
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U.S. authorities are preparing to announce one of the biggest cuts in banks’ capital requirements in over a decade, the Financial Times reported on Thursday. Regulators were in the next few months poised to reduce the supplementary leverage ratio (SLR), the newspaper reported, citing several people familiar with the matter. The supplementary leverage ratio is […]