Basel III: Endgame
The most ambitious regulatory crossover event in banking history
Financial & markets regulation
Elon Musk’s X Corp threatens to sue anti-hate speech group over Twitter claims
Legal letter to Centre for Countering Digital Hate comes as social media network rapidly loses advertising income
Social Media
The real scandal of central bank digital currency
We are missing an opportunity to level the monetary playing field in the interests of all citizens
Central banks
UK competition watchdog reopens Microsoft-Activision deal to scrutiny
CMA invites responses to tech giant’s new arguments in rare move that could pave way for $75bn takeover to close
Mergers & Acquisitions
China widens controls on drone exports
Restrictions on unmanned aerial vehicles and components will have potential impact on both sides in Ukraine war
Drones
AI entering the dating pool is a bleak prospect
As matchmaking apps struggle, the temptation to lean on this technology could prove risky
Artificial intelligence
Buffett’s favoured advisory firm takes stake in Italian machinery maker IMA
BDT & MSD Partners’ investment values company at about €6.5bn and provides exit for private equity backer BC Partners
Mergers & Acquisitions
Lebanon central bank’s first deputy takes over as interim governor
Wassim Mansouri warns that country has ‘last chance’ to pass laws needed to pull it out of economic crisis
Central banks
UK accounting watchdog appoints Richard Moriarty as chief executive
Financial Reporting Council in the process of making significant reforms to improve auditing
Financial & markets regulation
Audit firms fight to block expansion of fraud detection role
New US rules are impractical and would send fees soaring, industry group says
Financial & markets regulation