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Five major banking industry groups have formally requested the Securities and Exchange Commission (SEC) to repeal its cybersecurity incident disclosure rule, arguing the regulation undermines national security efforts and creates more problems than it solves. The American Bankers Association led the

European Union antitrust regulators have expanded their investigation into Visa and Mastercard's fee structures, distributing questionnaires to terminal providers and payment companies as scrutiny intensifies over potential anti-competitive practices by the two dominant card processors. The probe, w

This week, global financial markets wrestled with a sharp divergence in signals, a tentative U.S.-China tariff truce sparked relief, but surging bond yields and fresh credit downgrade concerns forced investors into a defensive stance. The equity rally seen in earlier weeks unraveled, with Wall Stree

Germany's largest bank faces mounting pressure to deliver on ambitious financial targets as CEO Christian Sewing declared 2025 a "year of reckoning" during the bank's annual general meeting Thursday. Deutsche Bank reported solid financial performance in recent years, with profit before tax reaching

Bitcoin’s new all-time high has injected fresh energy into the market, with altcoins and even controversial memecoins following in its wake. While BTC’s rally to $111,000 has captured headlines, the real story lies in how different sectors are responding to shifting investor appetite. Ethereum is ga