DWS Investment Management Americas is facing two separate enforcement actions from the Securities and Exchange Commission (SEC). The SEC said in a news release Monday (Sept. 25) that DWS, a registered investment advisor and Deutsche Bank subsidiary, failed to set up a mutual fund anti-money laundering (AML) program....
SAP and Google Cloud have announced an expanded partnership aimed at harnessing the power of data and generative artificial intelligence (AI) for enterprises. The collaboration will combine their open data cloud, using the SAP Datasphere solution with Google Cloud’s Vertex AI to introduce new generative AI-powered industry solutions, starting with...
House Financial Services Committee (HFSC) Chairman Patrick McHenry aims to reduce the influence of environmental, social and governance (ESG) initiatives in financial markets. In opening remarks for the committee’s markup of the “Protecting Americans’ Retirement Savings from Politics Act” (HR 4767) and other legislation on Thursday (July 27), McHenry said he aims...
The Commodity Futures Trading Commission (CFTC) will be taking a closer look at cybersecurity, emerging technology and environmental fraud. Those will be among the issues addressed by two new task forces comprised of attorneys and investigators, the CFTC said in a Thursday (June 29) press release. “We must...
January 19, 2023
For the world’s largest, most established banks, digitization is not a destination. Rather, it is an ongoing, dynamic process of change and innovation that must adapt to the latest technologies, customer needs and economic trends. And while the digital transformation of retail banking may be focused on enhancing the customer experience via apps and online […]
January 02, 2023
In this article, PYMNTS analyzes trends shaping the banking sector in the EMEA region. Zooming in on the different subregions shows that the EMEA banking sector remains at different stages...
March 11, 2024
Mastercard has named former ambassador Jon Huntsman, Jr. as its strategic growth president. “Jon’s unique experience spanning four decades in public and private sectors will be extremely valuable as we build the future of Mastercard,” company CEO Michael Miebach said in a news release Monday (March 11). “He will play a pivotal role in helping advance our approach to commercial […]
September 25, 2023
DWS Investment Management Americas is facing two separate enforcement actions from the Securities and Exchange Commission (SEC). The SEC said in a news release Monday (Sept. 25) that DWS, a registered...
August 29, 2023
SAP and Google Cloud have announced an expanded partnership aimed at harnessing the power of data and generative artificial intelligence (AI) for enterprises. The collaboration will combine their open data cloud, using the...
July 27, 2023
House Financial Services Committee (HFSC) Chairman Patrick McHenry aims to reduce the influence of environmental, social and governance (ESG) initiatives in financial markets. In opening remarks for the committee’s markup of the “Protecting Americans’ Retirement Savings from...
