Tag Archives: Capital

Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements – Reuters

Bessent calls for deeper US bank regulatory reforms, scrapping dual capital requirements  Reuters Wall Street to trump Main Street with new bank rules  Financial Times The new proposal to adjust GSIB leverage ratios is progress — but it may not go far enough. In his latest BankThink, Allen Puwalski, CFA – Managing Partner & CIO at Cybiont Capital, LLC explains why excluding …

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Capital One, Walmart: A look at some of the consumer cases dropped by the CFPB under Trump

Capital One, Walmart: A look at some of the consumer cases dropped by the CFPB under Trump

NEW YORK (AP) — In the nearly six months since the Trump administration has had control of the Consumer Financial Protection Bureau, the bureau’s leadership has focused almost exclusively on rolling back any punishments, fines and penalties made against companies during the Biden administration. In some cases, companies that were supposed to refund their customers or pay a penalty for …

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Elon Musk Rejects Reports That xAI Is Looking To Raise Additional Funds At $200 Billion Valuation: ‘We Have Plenty Of Capital’ – Tesla (NASDAQ:TSLA)

Elon Musk Rejects Reports That xAI Is Looking To Raise Additional Funds At 0 Billion Valuation: ‘We Have Plenty Of Capital’ – Tesla (NASDAQ:TSLA)

Elon Musk has rejected reports that his artificial intelligence venture xAI is gearing up for a new fundraising round. A report had suggested that the company is looking at a funding round that could value the company between $170 billion and $200 billion. What Happened: Saudi Arabia’s Public Investment Fund (PIF) was reported to play a crucial role in this …

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