Western Asset Management to Pay $100M SEC Penalty Over Trading Misconduct
Western Asset Management Company, LLC (Wamco), the fixed‑income asset management unit of Franklin Resources, has agreed to pay a $100 million civil penalty to t
Western Asset Management Company, LLC (Wamco), the fixed‑income asset management unit of Franklin Resources, has agreed to pay a $100 million civil penalty to t
India’s primary equity markets have experienced a dramatic increase in IPO activity over the past several years, drawing both domestic issuers and global multin
Revolut’s planned U.S. bank is expected to launch next year with a product set designed to bridge mainstream banking, cross-border finance and digital assets, g
The U.S. fund management industry has broadly supported a Labor Department proposal that could make it easier for 401(k) plans to include alternative assets, as
As the Federal Reserve continues to navigate its post‑crisis balance sheet normalization efforts, fresh analysis suggests that regulatory changes designed to re
Finance ministers from the European Union’s six largest economies have agreed to support more centralized supervision of capital markets, giving new political m
UniCredit is moving significant risk transfer, long treated by many banks as a balance-sheet optimization instrument, closer to the front line of corporate lend
Business with a Purpose, the new book by Jitong Yao and Xing Hu, arrives at a moment when companies are being forced to answer a harder question than how much…
Schroders has asked Chinese regulators to approve the transfer of three public mutual funds to Neuberger Berman, a move that would reshape the British asset man
The Office of the Comptroller of the Currency released its May 2026 enforcement actions on Thursday, with the central bank-facing action focused on Bank Secrecy