March, 2025

March, 2025

Report: Wells Fargo Sues JPMorgan Chase Over Commercial Real Estate Loan
Wells Fargo reportedly sued JPMorgan Chase on Monday (March 10), alleging that the bank knowingly made a loan based on faulty numbers, knowing that the loan would later be sold off in pieces to invest...

European Stability Mechanism Head Says Digital Euro ‘More Necessary Than Ever’
The Trump administration’s embrace of cryptocurrencies reportedly could accelerate the European Union’s (EU) adoption of a digital euro. European Stability Mechanism (ESM) Managing Director Pier...

SEC to Abandon Earlier Effort to Include Crypto Firms in Regulation
The Securities and Exchange Commission (SEC) may abandon a proposal that would expand regulation of alternative trading systems (ATSs) to include crypto firms. Speaking Monday (March 10) to a conferen...

Wayve Reportedly Ready to Roll Out Self-Driving Tech
Self-driving startup Wayve is reportedly preparing to make its commercial debut. The U.K. company will introduce its driver-assistance system in partnership with global car companies in the U.S. and...

FTC: Fraud Losses Climb 25% to Hit $12.5 Billion in 2024
New Federal Trade Commission (FTC) data shows consumers reporting more than $12.5 billion in fraud losses last year. That number marks a 25% increase over 2023, the FTC said Monday (March 10). However...

Blackstone Gains SEC Approval for New Private Credit Solution
Blackstone Credit and Insurance said it gained approval from the Securities and Exchange Commission for its private credit solution that will invest across private corporate credit, asset-based and re...

Outlier Realty Capital Charged by SEC with Misleading Investors, Settlement in the Works
The Securities and Exchange Commission (SEC) has charged real estate investment platform Outlier Realty Capital with misleading investors about the use of funds. The SEC reports that a settlement is i...

Alloy Adds AI to Fraud Detection Service
Anti-fraud platform Alloy says it has added artificial intelligence to its platform to improve fraud prevention while providing actionable information to financial services firms. Founded in 2015, All...

NASAA Tells Congress to Prohibit Interest Payments on “Payment Stablecoins”
NASAA (North American Securities Administrators Association) has sent a letter to Congress requesting the definition of a “payment stablecoin” does not incorporate the payment of interest, similar...

Ex-Google CEO Eric Schmidt is the newest Big Tech-to-space exec
Eric Schmidt, who was the CEO of Google from 2001 to 2011, is now the CEO of rocket startup Relativity Space, a company spokesperson confirmed to TechCrunch. Schmidt will be replacing Relativity S...

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B&T Television

March