Belgian Banks Join European Digital Wallet Effort Wero
A group of Belgian banks have signed onto Europe’s digital wallet project Wero. Argenta, Bank Van Breda, Beobank, Crelan, and vdk bank are…
London Loses ‘Goliath’ Status as IPO Funding Hits 30-Year Low
Initial public offerings (IPO) funding in the London market has reportedly reached a 30-year low. The five listings…
European Commission Won’t Delay Implementation of AI Act
The AI Act’s rules will be implemented according to the schedule included in the legislation, Reuters reported Friday,…
EU Reports ‘Very High Momentum and Interest’ in AI Infrastructure
Seventy-six companies have expressed interest in setting up artificial intelligence (AI) infrastructure in Europe, the European Commission said…
Banco Sabadell Considers Offers for UK Unit TSB
The bank is accepting offers for TSB through Friday (June 27) and is likely to then select one…
UK Competition Regulator Says Visa, Mastercard Fees Violate Law
The U.K.’s Competition Appeal Tribunal ruled unanimously Friday (June 27) that Visa and Mastercard’s multilateral interchange fees violate…
EU Lawmakers Reach Agreement on Bank Failure Rules
European lawmakers have reportedly reached an agreement on how to manage failing banks. As the Financial Times reports, the…
Google Could Face New Search Oversight From UK Watchdog
The potential changes comes as the country’s antitrust regulator, the Competition and Markets Authority (CMA), announced Tuesday (June…
Senate GOP Unveil Framework for Crypto Market Structure Bill
Republican senators on Tuesday (June 24) unveiled a set of principles to serve as a framework for the…
Apple Reportedly Negotiating to Stave Off EU App Store Fines
Apple is reportedly in eleventh-hour negotiations with European regulators about changes to its App Store. As the Financial…