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Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...- Husband hides real age on matrimony site, claims to be 37 instead of 44, leading to incorrect horoscope match; HC grants wife divorce for this reasonThe Telangana High Court gave relief to a wife by granting her divorce after it was found that her husband had misrepresented his age which...
- Jeep recalls over 1 million Wranglers and Gladiators that could catch fire even when parked with the ignition offNHTSA has issued an urgent alert for owners of nearly 1.1 million Jeep Wrangler and Gladiator vehicles (2021-2025) due to a potential fire ...
- Global Markets: UK financial regulator softens proposed change to UK money market fund rulesIn May the government said it would impose tougher rules on money market funds, which were hit by heavy redemptions during a COVID-19-ind...
- UK urged to end contract with US AI-firm PalantirBritish lawmakers called Wednesday for the government to end a contract between the country's National Health Service and AI giant Palantir...
- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
- RBI steps up play in us treasuries, other securitiesIn a strategic pivot, the Reserve Bank of India has cut down its deposits with other central banks and is now channeling more resources int...
- UK targets illegal crypto trading in London crackdownWorking with tax officials and police under money laundering and terrorist financing regulations, the FCA said it had issued cease and de...
- Lloyds pilots AI investment guidance tool as UK regulator studies impactLloyds Banking Group is the first UK lender to pilot an AI tool for investment guidance. This initiative aims to help customers navigate in...
- UK financial watchdog to consult on proposed crypto regulationsBritain's financial watchdog is seeking public input on new crypto regulations. These rules will cover crypto trading platforms, dealing, s...
- Britain's FCA defends Palantir contract award before lawmakersBritain's Financial Conduct Authority awarded a contract to US firm Palantir to analyze internal data for financial crime. However, an FCA ...
- Crispin Odey banned by FCA, fined £1.8 million for obstructing misconduct investigation in hedge fund scandalCrispin Odey, the hedge fund manager, has been banned from the UK financial sector and fined £1.8 million by the Financial Conduct Authorit...
- UK watchdog fines Coinbase's CB Payments for poor controlsThe FCA said on Thursday that CBPL, a gateway for customers to trade cryptoassets within the global Coinbase Group, voluntarily agreed in O...
- UK watchdog fines consumer credit rater Equifax $13.4 million for role in cyber breachThe Financial Conduct Authority (FCA) said that in 2017 Equifax's parent company, Equifax Inc in the United States, was subject to one of t...
- Wipro wins contract from Fiat Chrysler to set up 1,000-seater global digital hubWipro said it would build a skilled talent pool for the digital hub called FCA ICT India to be located in Hyderabad.
- FCA may bring back Fiat cars to IndiaThe Fiat brand was an “active” part of FCA India’s portfolio and the company has not closed the door on a Fiat car for India, according to ...
- FCA to develop core digital technologies in-house, invest $150 million in Hyderabad tech hubCalled FCA ICT, the global digital hub will focus on robotic process automation, artificial intelligence, data analytics, machine learning,...
- FCA to invest $150 million to set up Global Digital Hub in HyderabadFCA ICT India will create nearly 1,000 new cutting-edge technology jobs by the end of 2021 and has plans to increase hiring over the next t...
- FCA India aims to expand used car businessThe automaker had introduced a pilot operation of SELECTEDforYOU in Delhi, Mumbai and Hyderabad in 2019 and will now plan to scale it up ac...
- Fiat Chrysler India asks employees to work from home amid coronavirus outbreakFCA, which operates from three locations in India – Corporate Office in Mumbai, an Engineering office in Pune and the main Engineering Cent...
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