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Tag: Regulation

Exiting Bank of America After $1.2 Billion AML Embarrassment

Avatar photo Stephen Guilfoyle on October 14, 2026

Scott Bessent

The big bank disappointed with earnings, right after news of a major government penalty.

Looming Mandate Could Be Big Deal for New Bullpen Name

Avatar photo Chris Versace on June 10, 2026

If history holds, we are likely to see mandate pre-buying for the latest addition to our bullpen.

Crackdown Hits Hong Kong Financials on Anniversary of Tiananmen Square

Avatar photo Alex Frew McMillan on June 4, 2026

U.S. dollar Chinese yuan

Hong Kong has been a key route for mainland Chinese citizens to get their money out of the grasp of the Communist Party.

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