Bank of America appoints Jim Fitterling and Bill Thomas to its Board
Bank of America has appointed Jim Fitterling and Bill Thomas to its Board of Directors, according to a press release.
Rick Perry loses reelection to Fermi Board
Rick Perry, former Texas Governor and Co-Founder of Fermi, has failed to secure reelection to the company's Board of Directors, according to a shareholder meeting obtained by The Texas Tribune.
UK regulator secures court-backed restrictions on crypto exchange HTX
The UK's Financial Conduct Authority (FCA) has secured a court-backed agreement requiring cryptocurrency exchange HTX, formerly known as Huobi, to stop knowingly promoting its cryptoasset services unlawfully to UK customers.
Meta, TikTok and X lose legal challenge against UK online safety regulator
Meta, TikTok and X have lost a legal challenge against the UK's online safety regulator, Ofcom, over demands for detailed information about their content moderation practices.
US bank regulators examine controls over autonomous AI agents
Three US federal banking regulators are asking lenders how they monitor, audit and control decisions made by autonomous artificial intelligence (AI) agents, including how they would shut down these systems.
UBS faces legal dilemma over Swiss regulatory confidentiality and US court demands
UBS is facing conflicting legal obligations after Switzerland's financial regulator, FINMA, prohibited the bank from disclosing confidential supervisory documents to a US federal court in Manhattan.
