Update On The SEC’s Work Toward Treasury Clearing Implementation [August 2026]

Week Ahead: U.S. CPI, China's Q2 GDP, And Bank Of Canada Meeting Featured

Criminals are increasingly aware of the signals banks use to identify “good customers”—and they are using that knowledge to evade detection. At the same time, legitimate customers are adopting behaviors that were once considered tried-and-true risk signals. Data breaches and privacy concerns, for example, have spurred many consumers to use VPNs, a behavior that was…

Neocloud provider CoreWeave’s revenue more than doubled in the second quarter, totaling $2.58 billion and topping analysts targets thanks to surging demand for its AI infrastructure services. “Our near-term capacity remains effectively sold out,” CEO Michael Intrator said on a call with analysts on Tuesday. Coreweave said its revenue backlog—deals that it has not billed…

Letter from the Governor

Bank of China used the breadth of its Greater Bay Area network to direct capital towards sustainable projects across Hong Kong, Guangdong, Shenzhen and Macau in 2025. Bank of China (Hong Kong)’s green and sustainability-related loan balance increased 33.5% year-on-year, while its ESG bond investments rose 21.9% to HKD124.3 billion ($15.8 billion). Its green deposit…