U.K.’s Banks Warned by Regulators Over Ongoing Weakness in Financial Crimes Control 07/20/2021 08:09 pm LONDON—Retail banks in the U.K. have been issued a warning by the Financial Conduct Authority (FCA) over continuing weaknesses and failings surrounding their financial crime controls.
Fintech Firm has Largest Debut Yet on Stock Exchange 07/20/2021 08:05 pm LONDON—International payments fintech Wise has debuted on the London Stock Exchange at a valuation of £8.75 billion, the largest listing in history for a U.K. tech company.
Full-Year Real GDP Growth of 7% Continues to be Forecast in Latest Fannie Mae Analysis 07/20/2021 09:10 pm WASHINGTON—Expectations for full-year 2021 real GDP growth of 7% were little changed from the previous outlook, but meaningful “compositional and temporal shifts” are now projected for the underlying sources of economic growth, according to the July 2021 commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.
Community Members Present Petition to One CU Expressing Concern Over Branch Sale Plans 07/20/2021 09:10 pm SANTA CRUZ, Calif.–More than 600 people have signed a petition asking the board of Santa Cruz Community Credit Union to rethink the sale of its downtown branch to developers who plan to use the site for a hotel.
World CU Conference Coverage: What the CU Community Must Do to Ensure More Women in Leadership 07/20/2021 09:10 pm MADISON, Wis.–A diverse panel of leaders have shared their thoughts on what the credit union community has to do to ensure women take their rightful place in the leadership ranks.