Author: Charlotte

The American Bankers Association (ABA) has urged the Federal Deposit Insurance Corporation (FDIC) to align its stablecoin rulemaking with that of the Office of the Comptroller of the Currency (OCC) and the other primary regulators implementing the GENIUS Act. It exposed a potential ambiguity around when the GENIUS Act comes into effect. The date is the earlier of 18 months after enactment (January 18, 2027) or 120 days after the primary Federal payment stablecoin regulators issue final regulations. Depending on the interpretation, that could mean the law becomes effective once a single regulator finalizes its rules. Turning to the rules…

Next week the focus will be on retail sales data as energy prices continue to weigh on consumers. A lackluster report could overshadow the June 17 FOMC meeting, in which we expect no changes to interest rates. However, the bigger event will be the change in leadership as Kevin Warsh takes the reigns at his first meeting as chairman. His first notable change will likely be new language to the Fed’s statement. The April meeting saw the highest number of dissents since 1992, with most reflective of a pivot language towards two-sided risk. And that’s what current data suggests following…

Private capital managers kept pulling talent from across finance and beyond this week. New hires arrived from places including a Canadian public pension, a U.S. state treasurer’s office, a sell-side research desk, a global bank, and an NFL front office. Notable hires among GPs came at Apollo, Beach Point, and Harrison Street. On the LP […] Source link

Semilux International Ltd. (SELXF) Cash Equivalents (Quarterly) Zacks Investment Research Source link

Retirement plan advisers, asset managers and legal experts said plan sponsors should at least consider adding alternative investments to their defined contribution plan menus as the Department of Labor nears final guidance providing favorable regulations.“This is not something that gets a free pass into a portfolio,” said Patrick Arey, custom solutions sales director at Empower, during a panel last week at the 2026 PLANSPONSOR National Conference, run by PLANADVISER’s sister publication, in Nashville, Tennessee. “It has to provide a net-of-fee benefit.”For more stories like this, sign up for the PLANADVISERdash daily newsletter.  Panelists said adding private markets exposure may…

Bitcoin (CRYPTO: $BTC) and other cryptocurrencies barely budged over the past trading week as investors and traders were preoccupied with the initial public offering (IPO) of SpaceX (NASDAQ: $SPCX). BTC was trading at $63,500 U.S. late on the afternoon of June 12, having risen only 0.43% for the week. Other digital assets, such as Ethereum (CRYTO: $ETH), also stalled over the past five trading days.  Crypto stagnated as all eyes were fixated on the market debut of SpaceX, the commercial space company run by Elon Musk. SPCX stock began trading on June 12, rising 19% in its first trading day…

AI gets most of the headlines, but the real money often flows to the companies that build and run the hardware backbone that keeps it all running. With energy costs in focus, central banks tightening, and inflation still a concern across regions, attention is shifting to businesses that can turn essential infrastructure into steady cash flow. Our AI Infrastructure Stocks screener is built to highlight these “picks and shovels,” filtering for revenue traction and operational efficiency. In this article, you will see three standouts from the screener that show how this theme can fit into a diversified portfolio. Wall Street’s…

Equity Long-Short Funds have received a total inflow of Rs 1,865 crore since October 2024 and contribute 14% to the total SIF flow. There are eight schemes under this strategy with 11,843 folios, and as of May 31, 2026, the total AUM is Rs 1,852 crore. Source link

A Chinese-owned bitcoin miner has applied to enforce a US$51 million JAMS award against a company owned by a Kentucky state senator over a failed venture in his home state. To read more Subscribe to Global Arbitration Review Register for limited access Register for free to receive GAR’s daily briefing and access to GAR 100. Register now Subscribe to unlock unlimited access Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts. Subscribe now Already have access? Login below Source link

ZAURIX (Zaurix Ltd.), a multi-asset trading firm with Swiss origins, has opened an office in London. The expansion extends the company’s MetaTrader 5 trading infrastructure and services for automated and algorithmic traders to clients worldwide. LONDON, UK / ACCESS Newswire / June 12, 2026 / ZAURIX (Zaurix Ltd.), a multi-asset trading firm with Swiss origins, today announced the opening of its London office. The expansion supports the company’s services for automated and algorithmic traders, as artificial intelligence plays an increasingly significant role in global markets. Automated and algorithmic systems now account for a substantial share of trading activity across asset…