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Banks face mounting pressure to commit to custody roles Banks say they will meet existing client obligations Some clients afraid exits will follow as costs soar LONDON/NEW YORK, March 23 (Reuters) – Global banks including Citigroup Inc (CN), JPMorgan Chase & Co (JPM.N) and Societe Generale (SOGN.PA) face pressure to commit to remaining as custodian […]
NEW YORK, March 22 (Reuters) – The top US securities regulator on Tuesday urged a federal judge not to let Elon Musk escape an agreement requiring that his Twitter use be monitored, which the Tesla Inc (TSLA.O) chief executive considers part of a campaign of harassment. In a filing in the federal court in Manhattan, […]
WASHINGTON, March 21 (Reuters) – The US securities regulator on Monday proposed requiring US-listed companies to disclose a range of climate-related risks and greenhouse gas emissions, part of President Joe Biden’s push to join global efforts to avert climate-related catastrophes . The US Securities and Exchange Commission (SEC) unveiled its long-anticipated draft rule under which […]
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