# Aussie banks ANZ and NAB won’t ‘endorse’ retail speculation on crypto

# Aussie banks ANZ and NAB won’t ‘endorse’ retail speculation on crypto

” Aussie banks ANZ and NAB won’t ‘endorse’ retail speculation on crypto “ Executives at two of Australia’s “big four” banks have ruled out allowing retail customers to trade cryptocurrency on their platforms, with one reasoning that customers don’t understand “basic financial well-being.” Speaking at the Australian Financial Review Banking Summit on Tuesday Maile Carnegie,…

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# Basel Committee presses on with restrictive requirements for banks’ crypto holdings

# Basel Committee presses on with restrictive requirements for banks’ crypto holdings

” Basel Committee presses on with restrictive requirements for banks’ crypto holdings “ The Basel Committee on Banking Supervision met Friday and discussed cryptocurrency, among other topics. The committee stated that it would soon publish its second consultative paper with the intention of finalizing guidelines on the prudential treatment of crypto exposure by banks by…

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#Deutsche Bank, DWS unit raided over ‘greenwashing’ claims

#Deutsche Bank, DWS unit raided over ‘greenwashing’ claims

“Deutsche Bank, DWS unit raided over ‘greenwashing’ claims” German prosecutors raided asset manager DWS and the headquarters of its majority owner Deutsche Bank on Tuesday over allegations of misleading investors about “green” investments, the prosecutors said. DWS and Deutsche Bank said the asset manager had cooperated with regulators and authorities in the past and would continue to do so. DWS has repeatedly denied allegations it misled investors. The…

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#Goldman Sachs’ unlimited vacation plan questioned by analysts

#Goldman Sachs’ unlimited vacation plan questioned by analysts

“Goldman Sachs’ unlimited vacation plan questioned by analysts” Goldman Sachs’ move to give its senior bankers unlimited vacation time is drawing a skeptical response from analysts – with some calling the move a cynical scheme to boost the bank’s bottom line that won’t actually result in stressed-out workers taking more time off. The Wall Street…

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#HSBC suspends exec Stuart Kirk over climate change remarks

#HSBC suspends exec Stuart Kirk over climate change remarks

“HSBC suspends exec Stuart Kirk over climate change remarks” British banking giant HSBC has suspended a top executive who argued during a recent public presentation that the financial risks of climate change were overblown and exaggerated by central bank officials and other policymakers. The suspended employee, Stuart Kirk, is global head of responsible investment at…

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