EU Launches First Comprehensive Stress Test for Non-Bank Financial Institutions

EU regulators to stress test non-bank financial institutions, aiming to assess systemic risks in hedge funds, private equity, insurers, and more.

#eu, #finance, #nbfi, #stress_test, #regulation

Intesa Sanpaolo CEO Pledges to Keep Italian National Savings Domestic Amid Banking Consolidation

Intesa CEO Carlo Messina commits to keeping Italy's national savings under domestic control, amid "golden power" regulatory scrutiny.

#intesa, #italybanking, #nationalsavings, #goldenpower, #finance

UK Government to Regulate 'Buy Now, Pay Later' Services for Consumer Protection

UK to regulate 'Buy Now, Pay Later' services, aligning them with credit products to enhance consumer protection and responsible lending.

#buynowpaylater, #regulation, #consumerprotection, #ukgovernment, #finance

UK Supreme Court to Hear Appeal on Car Finance Commission Legality

The UK Supreme Court will address the legality of undisclosed car finance commissions, a case with industry-wide implications.

#uk, #finance, #supremecourt, #consumerprotection

UK Supreme Court to Hear Appeal on Car Finance Commissions, Potentially Impacting Billions

A pivotal UK Supreme Court appeal on undisclosed car finance commissions could lead to £30 billion in compensation claims, affecting the motor finance industry.

#uk, #finance, #supreme court, #car industry, #legal case

Deutsche Bank Achieves Highest Quarterly Profit in 14 Years with Strong FIC Division Performance

Deutsche Bank reports a 39% profit increase, reaching €2.8 billion in Q1 2025, driven by strong FIC division performance and strategic restructuring.

#deutsche bank, #profits, #markets, #finance, #europe

UK Supreme Court Grants Appeal in Landmark Motor Finance Commission Case

The UK Supreme Court to hear appeal on car finance commissions, impacting £30 billion in compensation claims.

#uk, #finance, #legal, #commissions, #consumer rights

Tesla Faces Financial Setback as Musk Pledges to Reduce Government Role

Tesla reported a 39% income drop in Q1 2025, tied to CEO Musk's political ties. Musk vows to refocus on Tesla amidst declines.

#tesla, #elon musk, #electric vehicles, #finance

Treasury Explores Changes to 20-Year Bond Auctions and Role of Stablecoins

U.S. Treasury to consult on 20-year bond auction changes and stablecoin roles amid evolving regulations.

#treasury, #bonds, #stablecoins, #finance, #regulation

IMF Approves $400 Million Disbursement to Ukraine Amid Ongoing Conflict

The International Monetary Fund has disbursed $400 million to Ukraine under its Extended Fund Facility program, bringing the total support to $10.1 billion. Amid the ongoing war with Russia, this financial assistance is critical to bolster Ukraine's economy.

#imf, #ukraine, #economy, #conflict, #finance

Thames Water CFO Resigns Amid Financial Turmoil

The CFO of Thames Water, Alastair Cochran, resigns as the utility giant battles a severe financial crisis, grappling with a £20 billion debt and the need for £3 billion in new equity. Potential nationalization and government intervention loom as the company seeks financial stability.

#finance, #united kingdom, #utilities, #water crisis, #corporate leadership