Tag: Banking

South Korea has launched a major expansion of its banking sector, currently dominated by just five lenders. The country's Financial Services Commission (FSC) announced Wednesday (July 5) that it...

House lawmakers showed that their teeth can just bite as tough as their Senate counterparts during the second day of congressional hearings about how Silicon Valley Bank (SVB)...

I analyze several aspects of recent changes in the banking industry, some of which correspond to the financial crisis in 2008 and the government’s...

By: Jeremy C. Kress (CLS Blue Sky Blog) Antitrust is back. The Chicago School relegated antitrust policy to obscurity during the latter half of the...

The United Kingdom’s competition watchdog has issued a warning to UK challenger bank Monzo over a breach of retail banking regulations under the Retail Banking...

The limited expansion of Big Tech into retail banking activities in the EU (and the U.S.) is, at first sight, a puzzle.  Big Tech...

By Valentina Novoa1   The global financial architecture has changed. Indeed, the entry of new Fintech companies across the world has spurred the need for new...

Open banking allows users to securely transfer information between financial service providers. This eases consumer switching and incentivizes the development of a range of...

Brazil’s central bank is revving up its years-long effort to bust up the country’s clubby banking industry, reported The Wall Street Journal. The payment system,...

Google is planning to launch consumer checking accounts next year in partnership with Citigroup and Stanford University, The Financial Times reported on Wednesday (Nov. 13). Code-named Cache,...