finance

FCA closes Wellesley & Co Limited investigation
We have decided to take no further action against Wellesley & Co Limited (WCL) after our investigation found no evidence of serious misconduct. We announced the investigation into WCL in 2022 followin...

Open Finance Enables Brazilian Consumers by Reshaping How they Leverage Financial Data – BCB Insights
As the supporter of Latin America’s leading economic contributor, the Banco Central do Brasil (BCB) is charting a transformative course for the financial sector in the South American nation of Brazi...

Stablecoins No Longer Fringe Experiments but Mainstream Contenders Reshaping Digital Finance : Analysis
Stablecoins—cryptocurrencies pegged to fiat currencies like the U.S. dollar—are no longer fringe experiments but mainstream contenders reshaping global payments and finance. Citigroup‘s report, ...

The odds of U.S. government shutdown are at an all-time high as the markets hold their breath
The odds of a U.S. government shutdown have reached an all-time high on Polymarket, at 82% that lawmakers will fail to pass the necessary funding by the October deadline. As bipartisan talks stall and...