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Build or Buy: New Observations Regarding a Key Choice for How to Start a “New” Bank

JD Supra: Mergers

This is the third installment of our series evaluating the choice between starting a “new” bank through the de novo chartering process or purchasing an existing bank to implement the new business plan. By: Nelson Mullins Riley & Scarborough LLP

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Bank of England System-Wide Exploratory Scenario Exercise and 2024 Central Counterparty Supervisory Stress Test

JD Supra: Mergers

The Bank of England has published the final report on its system-wide exploratory scenario. The SWES was a 'system-wide' exercise, incorporating a wide range of financial firms and business models, focusing not on the resilience of individual participants, but the impact on important U.K. financial markets.

Bank 159
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The Rise of Hedge Funds: Exploring Their Impact on Financial Markets

OfficeHours

Hedge funds are significant players in financial markets given the size of their capital bases and the frequency of their trading. It’s important to note that hedge fund activity in financial markets can have a significant impact on stock prices and market volatility, even if hedge funds do not control the majority of the volume.

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Scott Bessent Helped ‘Break’ the Bank of England. Now He’ll Run the U.S. Treasury.

The New York Times: Banking

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.

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Dimon Warns of ‘Unsettling’ Pressures as JPMorgan Reports Earnings

The New York Times: Banking

Warnings from the chief executive of the nation’s largest bank have been consistently at odds with heady financial markets.

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4 Strategies Regulators Are Adopting in 2024 to Mitigate Risks & Restore Confidence in the Banking System

Global Banking & Finance

4 Strategies Regulators Are Adopting in 2024 to Mitigate Risks & Restore Confidence in the Banking System P.Venkatesh, Director – Thought Leadership Maveric Systems Limited 2020s has been a decade of quite a few technological and geopolitical shifts that have had a significant impact on global financial markets.

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Major investment banks and asset managers partake in landmark blockchain pilot

The TRADE

Digital Asset’s blockchain network Canton has completed a pilot involving a large group of major investment banks and asset managers demonstrating interoperability of independent distributed ledger applications (dApps) in the capital markets domain.