Category: banking giant

Deutsche Bank to Exit Russia, Says There Will Be No New Business There

Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine......

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals

As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to......