ECB publishes consolidated banking data for end-June 2026

Sometimes the best way to lead is to get out of the way.

The dollar index (DXY00) fell by -0.04% on Wednesday.  The dollar posted modest losses on Wednesday amid a mild recovery in the euro and the yen.  The euro rose ahead of Thursday’s ECB meeting, and the yen recovered slightly from Tuesday’s 39-year low on the prospect of faster BOJ interest rate hikes.  Losses in the…

Banks repeatedly perform similar due diligence on technology providers, and an industry-standards effort involving the federal regulators would make portions of that work reusable across institutions. A July 21 draft term sheet outlines a possible framework for reducing some of that duplication. It calls for a voluntary public-private Banking Innovation Standards Development Organization, or BISDO,…

The Reserve Bank of India (RBI) on Tuesday clarified that the mark-to-market (MTM) value of an over-the-counter (OTC) derivative contract will have to be exchanged upfront between the transferor and transferee when the contract is novated, while any subsequent novation after a contract has been accepted for settlement by a central counterparty (CCP) will be…

Shares of UiPath (PATH -16.63%) fell on Friday after the automation specialist’s quarterly results failed to assuage investors’ fears regarding the threats posed by formidable new rivals. Image source: Getty Images. Orchestrating AI UiPath’s revenue rose 13% year over year to $410 million in its fiscal 2027 second quarter, which ended on July 31. Its…