Eurozone banks must do more to tackle climate change risks

European Central Bank urged banks to ‘urgently’ improve plans to protect their businesses from climate change risks after review found widespread gaps in lenders’ approach to environmental challenges . The ECB, which has directly supervised the euro area’s largest banks for seven years, has completed its first assessment of banks’ …

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Dysfunction is at the heart of the basic functioning of American society

Compared to most other advanced capitalist countries, the United States is a mess. Our archaic 18th century constitution guarantees legislative deadlock and allows small minorities to block democratic will. Our health care system leaves tens of thousands of people dying each year because they cannot afford treatment, while millions more …

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Rich countries’ plan to treat COVID vaccines as aid sparks backlash – EURACTIV.com

The question of how COVID vaccines donated by rich countries are classified and priced could artificially increase the European Union’s development aid figures by billions of euros, according to EURACTIV. Unequal access to COVID vaccines has been one of the most controversial topics in the last year of the pandemic, …

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Banks retooling for 4IR – The Zimbabwe Independent

THE Institute of Bankers of Zimbabwe (IOBZ) last week held its annual summer school in Victoria Falls where the issue of the opportunities and threats of the Fourth Industrial Revolution (4IR) came under focus. Deputy business editor Kudzai Kuwaza (KK) caught with the IOBZ chairperson and People’s Own Savings Bank …

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STL CFO Says US & UK Expansion High, Large-Scale M&A Not On The Cards, Telecom News, ET Telecom

By Alekh Shah and Mannu Arora STL’s digital network integrator Chief Financial Officer Mihir Modi has laid eyes on business expansion in the United States and Europe. The CFO estimates that around 60% of revenue is generated by these geographies over the long term. Currently, 43% of revenue comes from …

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Telenor and CP Group discuss $ 7.5 billion Thai telecom merger, Telecom News, ET Telecom

By Terje SolsvikOSLO: Norwegian Telenor and Thailand’s Charoen Pokphand Group (CP Group) are considering a merger of their telecommunications units in Thailand, which could become the Norwegian company’s second multibillion-dollar merger in Southeast Asia this year . A deal, if reached, would merge the telecommunications operations of Telenor’s Total Access …

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Regnology Wins “Supervisory Technology” Category Award in the Chartis RiskTech100®

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here. With its SupTech and RegTech solutions, Regnology climbs six places in the prestigious ranking FRANKFURT, Germany–(BUSINESS WIRE)– Regnology, a leading international provider of innovative regulatory, risk, and supervisory technology solutions (RegTech, RiskTech, and SupTech), has won the …

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All that is dubious about crypto currencies

It is quite timely that the government and regulators are looking closely at cryptocurrency. The interesting part is that it does not come under SCRA and hence SEBI is not involved. It does not involve financial institutions and hence RBI is out. It has not been declared illegal by the …

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