Lenders

A photo of Jared Kushner and Steve Witkoff at the Kremlin

U.S. and Iranian officials are describing progress in their ongoing nuclear negotiations even as both sides accelerate visible preparations for a conflict that officials and analysts now frame as a genuine near-term risk.

President Enrique Pena Nieto and Ricardo Salinas Pliego seen embracing while standing outside.

Ricardo Salinas Pliego, the Mexican billionaire behind Grupo Elektra, thought he’d done enough due diligence when he decided to invest $400 million in Bitcoin as the value of the cryptocurrency surged in the spring of 2021. 

A view of the headquarters of BIS and the Bank for International Settlements.

The Basel Committee on Banking Supervision is warning that a fast-growing market for banks to offload credit risk to private investment funds needs close monitoring because it is creating new vulnerabilities for the global financial system.

Vladimir Putin and President of the Republic of Belarus Alexander Lukashenko visited the Smolensk Skete of the Valaam Transfiguration of the Saviour stauropegial monastery.

Ukraine has imposed sanctions on Alexander Lukashenko, with President Volodymyr Zelenskyy accusing the Belarusian leader of playing an increasingly larger role in Russia’s war efforts, UNITED24 Media reported. 

A photo of a London train passing in front of Canary Wharf in London with the offices of Barclays and HSBC in the background

Senior UK banking figures are set to hold their first meeting this week to establish a British alternative to Visa and Mastercard, amid growing concerns that U.S. President Donald Trump could one day use his position to close off access to the payment rails.

A photo of former EU Commissioner for Justice Didier Reynders, smiling as he looks at something off camera

Belgian prosecutors have charged two people close to former European Commissioner Didier Reynders as part of a money-laundering investigation that until now had focused on Reynders alone.