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NCUA bars five former credit union employees from working at federally insured institutions

The National Credit Union Administration (NCUA) announced on September 30, 2025, that it has issued five prohibition orders against former credit union employees.

Federal Reserve lowers Morgan Stanley’s stress capital buffer after review

The Federal Reserve Board has announced a modification to Morgan Stanley's stress capital buffer requirement following the firm's request for reconsideration.

Reserve Bank of Australia keeps cash rate steady amid slow decline in inflation

The Reserve Bank of Australia (RBA) has decided to keep the cash rate unchanged at 3.60 per cent, following a meeting of its Monetary Policy Board.

NCUA announces over $3.4 million in grants for low-income-designated credit unions

The National Credit Union Administration (NCUA) has announced that more than $3.4 million in funding will be available to low-income-designated (LID) credit unions through the Community Development Revolving Loan Fund (CDRLF) for 2025.

Carlyle partners with BECON for alternative investment distribution in Latin America

Global investment firm Carlyle and BECON Investment Management have announced a new strategic distribution partnership aimed at Latin America and the US offshore wealth market.

Michael Friedman named chief of staff at U.S. Department of the Treasury

Secretary of the Treasury Scott Bessent has announced the appointment of Michael Friedman as Chief of Staff at the U.S. Department of the Treasury.

United States and Switzerland reaffirm commitments on currency transparency

The United States Department of the Treasury, the Swiss Federal Department of Finance, and the Swiss National Bank have announced their intention to continue close consultations on macroeconomic and foreign exchange issues.

ECB hosts inflation dynamics conference with Fed Reserve

The European Central Bank (ECB) and the Center for Inflation Research at the Federal Reserve Bank of Cleveland are set to host the Inflation: Drivers and Dynamics 2025 Conference.

Reserve Bank of Australia updates access regime for ATM system

On September 17, 2025, the Reserve Bank of Australia (RBA) announced a decision to make changes to the Access Regime for the ATM System.

How generative AI is changing lending practices for APAC banks

Generative artificial intelligence (GenAI) is increasingly shaping the future of lending in the Asia-Pacific (APAC) banking sector, according to insights from Yi Chen, Managing Director for the APAC-Middle East region at Moody's Banking.

Treasury sanctions Indian nationals and online pharmacy over counterfeit fentanyl pill distribution

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on two Indian nationals, Sadiq Abbas Habib Sayyed and Khizar Mohammad Iqbal Shaikh, for their involvement in supplying large quantities of...

Treasury Secretary Bessent honors Argentina's President Milei at Atlantic Council event

At the Atlantic Council Global Citizen Awards, U.S. Secretary of the Treasury Scott Bessent delivered remarks highlighting Argentina’s recent economic transformation under President Javier Milei.

IBM and SCREEN partner on advanced EUV lithography cleaning process development

SCREEN Semiconductor Solutions and IBM have announced a new agreement to jointly develop cleaning processes for next-generation Extreme Ultraviolet (EUV) lithography.

UC Berkeley ranks first among public universities in latest US News report

UC Berkeley has been recognized as the top public university in the United States by U.S. News & World Report, according to rankings released on September 22, 2025.

UC Berkeley psychologist Dacher Keltner receives lifetime achievement award from APS

Dacher Keltner, a distinguished professor of psychology at the University of California, Berkeley, has received the William James Fellow Award from the Association for Psychological Science (APS).

U.S. Treasury sanctions Brazilian legal entity supporting Supreme Court Justice Alexandre de Moraes

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced sanctions against Lex Instituto de Estudos Juridicos LTDA (Lex Institute), a Brazilian legal entity, for its support to Alexandre de Moraes, a justice on...

CFO Survey shows rising optimism but continued tariff concerns

The latest CFO Survey, conducted by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta, indicates that financial decision-makers in the United States have a more optimistic outlook for the economy in...

Treasury Department to discuss payments fraud at upcoming FLEC public meeting

The U.S. Department of the Treasury will hold a public meeting of the Financial Literacy and Education Commission (FLEC) on September 24, 2025, at 10:00 AM Eastern Time.

U.S. Treasury reports advances in IRS IT modernization through new tech partnerships

The U.S. Department of the Treasury has reported progress in its efforts to modernize information technology systems within the Internal Revenue Service (IRS).

UK and US establish transatlantic taskforce focused on future financial market innovation

The Chancellor of the Exchequer, Rachel Reeves, and U.S. Treasury Secretary Scott Bessent met in London last week to discuss ways to strengthen cooperation between the United Kingdom and United States financial sectors.