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Stablecoins

Banking

Big Banks Mull Joint Stablecoin

As legislation to create a regulatory framework for stablecoins progresses in the US Congress, major banks are reportedly discussing issuing a joint stablecoin that could potentially provide commercial clients with various benefits.
Counterfeit goods accounted for an estimated $467 billion in global trade

Economics, Policy & Regulation

Fake Goods Trade Reaches $467 Billion

Counterfeit goods accounted for an estimated $467 billion in global trade in 2021, the latest year with available comprehensive data, says a joint study by the Organization for Economic Co-operation and Development (OECD) and the European Union Intellectual Property Office (EUIPO), an EU agency based in Alicante, Spain.
With M&A ramping up in Europe, Italy is leading the way with a dynamic financial sector, boasting seven active deals.

Banking

Italy Is Awash With M&As

With M&A ramping up in Europe, Italy is leading the way with a dynamic financial sector, boasting seven active deals.
ndia’s Yes Bank expects to sell a 20% stake to Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation (SMBC), a wholly owned subsidiary of Sumitomo Mitsui Financial Group, for $1.58 billion, pending regulatory approvals from the Reserve Bank of India (RBI) and the Competition Commission of India.

Banking

Japan’s SMBC Buying Stake In Yes Bank

India’s Yes Bank expects to sell a 20% stake to Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation (SMBC), a wholly owned subsidiary of Sumitomo Mitsui Financial Group, for $1.58 billion, pending regulatory approvals from the Reserve Bank of India (RBI) and the Competition Commission of India.
Spain, Madrid

Banking

Spain: Post-Pandemic Champion

Spain’s economy keeps outpacing Europe, thanks to tourism, immigration, and a budding pharma sector. But tariff threats and structural challenges loom.
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