A wave of regulatory and institutional momentum around tokenization is reshaping the crypto narrative in the United States. Even long-time critics like JP Morgan CEO Jamie Dimon now champion blockchain rails. On TheStreet Roundtable, industry leaders argued that tokenization’s arrival marks a structural shift for U.S. markets, though not necessarily the explosive catalyst some expect. Related: What is tokenization? Explained Melker opened the discussion by noting how quickly attitudes have flipped at th ...

Treasury Secretary Scott Bessent wants to overhaul a regulatory body put in place to identify threats to the banking system following the 2008 financial crisis. CNBC reported that Bessent will issue a letter detailing changes to the Financial Stability Oversight Council. The panel is composed of 15 financial regulators led by the treasury secretary. “The Council will work with and support member agencies in considering whether aspects of the U.S. financial regulatory framework impose undue burdens and ne ...

David, good to see you. Thank you so much for being here. Your takeaway from the Fed moves yesterday.>> Hi, Maria. Good morning. I think the rate cuts were too small and too late.Uh they should have started in June and you can wonder why did they wait until now. If they're going to make the cuts now, the cost to the economy has been huge uh because they didn't start earlier. You know, all the interest on the national debt is paid at this rate that the that the Fed is setting.Uh so but but that's that's done ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Dallas-based MoneyGram International named Marc Winniford, a veteran Wells Fargo finance executive who has held multiple senior leadership roles over a 17-year span at the San Francisco-based bank, as its new finance chief, according to a Wednesday company press release. He will take the role in February. Winniford, who since 2022 has served as CFO of Wells F ...

Ant International, HSBC and Swift say they have tested a new cross-border payment solution.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The initiative involved the cross-border transfer of tokenized deposits usi ...

Chaay_Tee / iStock via Getty Images Quick Read As expected, the Federal Reserve cut the Funds rate 25 basis points on Wednesday. The rate cut lowered the Fed funds rate to 3.50%-3.75%, the lowest since the post-pandemic era in 2022. Rates could stay in place for some time unless we see some economic turmoil. With a new Fed Chairman coming next year that POV could change in 2026. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to real ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.Getty Images Good morning! Here is the latest in trending:Central banking: A pause may be coming, but the FOMC cut rates for third straight meeting amid growing dissent. The Dow reached the 48K level on the news, while yields fell as the Fed said it would start big monthly purchases of Treasury bills.Insider pick: Coca-Cola (KO) is hiring from within to replace longtime CEO James Quin ...

核心事件 - 伯克希尔·哈撒韦公司投资经理托德·库姆斯离职 将加入摩根大通 [1] - 库姆斯由沃伦·巴菲特和查理·芒格于2010年亲自挑选 旨在帮助并最终接替他们管理公司庞大的投资组合 [1] - 其离职公告发布之际 正值巴菲特准备在执掌公司六十年后卸任首席执行官 [1] 事件反响与评价 - 伯克希尔长期观察人士认为库姆斯的离职“令人震惊”且“对相关各方都不是一个容易的决定” [2] - 有观点认为 作为巴菲特“亲自挑选”的继承人并成功承担了振兴盖可保险的“巨大责任” 其离职令人意外 [7] - 巴菲特在官方新闻稿中的措辞较为正式 仅称“摩根大通做了一个好决定”并赞扬了其在盖可保险的招聘工作 未提及其个人特质或投资贡献 被解读为“相当冷淡的送别” 暗示巴菲特对此离职并不太高兴 [8][9] 库姆斯在伯克希尔的贡献 - 自大约15年前受聘以来 巴菲特对库姆斯及另一投资经理特德·韦施勒不吝赞美 称他们“聪明、正直、在投资组合管理之外的许多方面对伯克希尔有帮助、文化上完美契合” 并形容“我们中了头彩” [4] - 库姆斯最初管理约20亿美元资产 到2021年底 他与韦施勒共同管理的资产规模已达到340亿美元 [5] - 库姆斯在2015年将精密机件公司引荐给巴菲特 促成了伯克希尔以超过300亿美元收购该制造巨头 [5] - 2020年 库姆斯接任伯克希尔旗下盖可保险首席执行官并成功领导公司转型 巴菲特在今年的信中称赞他“以重大方式重塑了盖可”并“不知疲倦地工作” 使公司在去年实现了“惊人的改进” [6] 离职背景与潜在原因 - 在接管盖可保险之前 库姆斯曾在伯克希尔、摩根大通和亚马逊于2018年成立的医疗合资企业Haven中扮演关键角色 并代表伯克希尔担任其董事 同时他已在摩根大通董事会任职九年 [10] - 有分析指出 库姆斯在Haven、摩根大通和盖可保险的角色 意味着其在管理伯克希尔投资组合方面的作用“被削弱” [11] - 巴菲特在今年5月表示 格雷格·阿贝尔将负责伯克希尔的资本配置（包括股票投资） 阿贝尔对投资拥有“最终决定权”可能是促使库姆斯考虑其他职业选择的动因 [11][13] - 库姆斯可能渴望管理更多甚至全部投资组合 但这已不可能实现 同时考虑到其缺乏再保险经验 他似乎也不是接替阿吉特·贾恩成为伯克希尔保险业务负责人的“现实候选人” [12] 后续影响与展望 - 有观点认为 鉴于韦施勒“非常有能力管理股票投资组合” 对库姆斯的离职并不感到担忧 [13]

Overview1. This consultation paper (CP) sets out the Bank of England’s (the Bank’s) proposal to exempt transactions carried out as part of a post-trade risk reduction (PTRR) service from the derivatives clearing obligation as set out in Article 4 of UK EMIR.2. PTRR providers offer services to two or more counterparties to derivatives transactions for the purpose of reducing counterparty, operational and basis risk in derivatives portfolios. Market participants, such as large banks, submit trades from their ...

12月8日，沪金主力2602合约冲高回落，收涨0.15%，报958.70元／克。从技术面来看，沪金价格在10月 底以来的震荡区间内运行，寻求突破。本周美联储12月议息会议将是市场关注重点。 12月8日，据CME美联储观察预测，美联储12月降息25BP的概率为88.4%，保持利率不变的概率为 11.6%。市场对本月降息的预期比较充分，后市需要关注的是美联储决议声明和鲍威尔对明年货币政策 的定调。如果美联储释放"鹰派"信号，在宣布降息的同时抬高后续降息门槛，那么盘面仍将承压。各官 员对利率和经济表现的预测将为市场研判美国经济提供一定的指引。 从经济基本面来看，美国制造业景气度继续下滑，服务业景气度回升，就业市场表现疲弱，9月PCE核 心通胀意外降温。美国11月ISM制造业PMI指数录得48.2%，低于市场预期的49%和10月的48.7%。美国 11月ISM服务业PMI指数升至52.6%，创9个月来新高，服务业商业活动改善、库存加速增长。ADP就业 数据显示，美国11月私营企业减少3.2万个工作岗位，为2023年3月以来最大降幅。美国9月核心PCE同 比增长2.8%，略低于预期及前值，核心PCE通胀意外降温或为美联 ...