Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • Readout: US Deputy Secretary Of The Treasury Wally Adeyemo’s Meeting With Finance Minister Of Ghana Kenneth Ofori-Atta

    Date 19/05/2023

    Today, U.S. Deputy Secretary of the Treasury Wally Adeyemo met with Ghanaian Finance Minister Kenneth Ofori-Atta. Deputy Secretary Adeyemo congratulated Ghana on the IMF Executive Board’s approval of a $3 billion program which aims to restore Ghana’s macroeconomic stability and debt sustainability. This approval followed the encouraging actions led by China and France to form an official creditors committee under the G20 Common Framework. The Deputy Secretary discussed the importance of continued international cooperation to support Ghana’s economic reform program. Deputy Secretary Adeyemo welcomed Ghana’s debt restructuring efforts and called on all official bilateral creditors to deliver on their financing assurances to provide timely debt treatment in line with the IMF program. The Deputy Secretary also noted the potential for further opportunities for cooperation on economic development.

  • Readout: US Secretary Of The Treasury Janet L. Yellen's Meeting With Bank Policy Institute

    Date 18/05/2023

    Today, U.S. Secretary of the Treasury Janet L. Yellen met with more than two dozen CEOs and executives convened by the Bank Policy Institute (BPI) to discuss the current state of the economy and President Biden's economic agenda. Secretary Yellen reaffirmed the strength and soundness of the U.S. banking system, noting that it remains well-capitalized with strong liquidity. She noted that decisive federal action taken by regulators and the Administration in March to protect depositors helped to strengthen public confidence in the banking system and mitigate financial contagion. Secretary Yellen thanked many of the participants for their leadership and support in responding to these market developments. And she made clear that the Treasury Department continues to closely monitor conditions across the banking sector.

  • US Acting Comptroller Of The Currency Testifies On Bank Supervision

    Date 18/05/2023

    Acting Comptroller of the Currency Michael J. Hsu today testified on bank supervision before the Committee on Banking, Housing, and Urban Affairs of the U.S. Senate.

  • ISDA AGM Studio: Kevin Khokhar And Sophie Marnhier-Foy

    Date 18/05/2023

    Kevin Khokhar, head of investment funding solutions at T. Rowe Price Associates, and Sophie Marnhier-Foy, senior director, product strategy at Adenza, talk to ISDA’s head of collateral initiatives, Amy Caruso, about how greater standardization and automation of collateral management processes could help to address some of the challenges that arose during recent market shocks.

  • New York Attorney General James Secures $4.3 Million From Cryptocurrency Company For Defrauding Investors - Under Agreement With AG James, Coin Cafe Will Pay Full Restitution To New Yorkers And All U.S. Investors Who Were Deceived By Misleading Fees - Agreement Continues AG James’ Efforts To Bolster Oversight And Regulations Of Cryptocurrency Industry

    Date 18/05/2023

    New York Attorney General Letitia James today secured $4.3 million from a Brooklyn-based cryptocurrency company, Coin Cafe, for defrauding investors. Coin Cafe is a cryptocurrency trading platform that allowed investors to store their Bitcoin in a Coin Cafe account, known as wallet storage. An investigation by the Office of the Attorney General (OAG) found that the company was charging investors exorbitant and undisclosed fees to use its wallet storage, despite marketing its wallet storage as “free” on its website. These fees to store Bitcoin were so high that they wiped out investors’ accounts entirely. Coin Cafe charged one New Yorker over $10,000 in one month and another investor more than $51,000 in fees over the course of 13 months. Coin Cafe has agreed to OAG’s findings that it routinely charged and increased fees without properly informing investors. As a result of today’s settlement, Coin Cafe will pay restitution to all investors who were misled, including more than $508,000 to more than 340 New York investors who were charged fees without their knowledge.