Supervision Guidelines News Today

Despite writing-off in excess of half a billion dollars in bad or non-performing loans, compounded by an 18 percent increase in its overhead operating cost, up to $1.2B, Citizens Bank, has still managed to increase its after-tax profits by as much as 22 percent, to in excess of $1B.

Investegate announcements from China Yangtze Power, Collect opinions on profit distribution plan

<p><span>The European Banking Authority (EBA) published today the findings of its assessment of competent authorities’ responses to the 2020 Luanda leaks. The EBA found that competent authorities across the EU adopted significantly different approaches for identifying and tackling money laundering (ML) and terrorist financing (TF) risks highlighted by the leaks. These approaches varied beyond what the EBA would have expected under a risk-based approach.</span></p&g...