Bloomberg Law

Latest Stories

BOJ Ends Era of Negative Rates With Few Clues on Further Hikes

The <-bsp-bb-link state="{"bbHref":"bbg://screens/BOJ","_id":"0000018e-563a-d509-adee-5ffba1e10000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Bank of Japan scrapped the world’s last negative interest rate, ending the most aggressive monetary stimulus program in modern history, while also indicating that financial conditions will stay accommodative for now.

World Bank Aid Pushes Global Egypt Bailout Over $50 Billion

The <-bsp-bb-link state="{"bbHref":"bbg://securities/8176888Z%20US%20Equity","_id":"0000018e-5611-d509-adee-5fd16c070000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">World Bank is set to provide Egypt with over $6 billion, boosting the global bailout for the North African nation’s struggling economy to more than $50 billion in the past few weeks.

Exchange Investigates Flash Crash That Sent Bitcoin to $8,900

Crypto exchange <-bsp-bb-link state="{"bbHref":"bbg://securities/1488640D%20SJ%20Equity","_id":"0000018e-5601-d509-adee-5fd150820000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">BitMEX is investigating unusual trading activity that led to a flash crash in Bitcoin on its platform yesterday.

SNB Says Review of UBS Capital Needed Due to Increased Scale

Swiss regulators should re-examine the capital requirements placed on UBS Group AG in the light of its increased size following the takeover of Credit Suisse, the <-rte-company state="{"_id":"0000018e-560a-d509-adee-5fdb36290002","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Swiss National Bank said.

Binance Tasks Prime Brokers With Checks to Root Out US Investors

<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"0000018e-560f-d509-adee-5fdf811a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance has asked prime brokers to run more stringent checks to keep US investors off the crypto exchange in the fallout from last year’s plea deal with the nation’s authorities, people with knowledge of the matter said.

EXPLORE BLOOMBERG LAW

Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: