U.S. dismissed evidence key U.K. financial institution was assisting fund sanctioned Iranian teams, whistleblower suggests

Key Points

London-based mostly Regular Chartered, which primarily serves clientele in rising marketplaces, was previously punished with extra than $1.7 billion in fines right after admitting in 2012 and 2019 to violating sanctions on Iran and other blacklisted nations around the world.
The lender denies that it ran transactions for any companies specified as terrorists.
Court docket filings delivered by former Typical Chartered Financial institution (SCB) staff turned whistleblower Julian Knight assert that U.S. officials lied by denying that Knight delivered them with evidence of far bigger wrongdoing by the lender.

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Finance

Fed votes to reappoint all of its regional bank presidents

December 11, 2025

Key Points The Federal Reserve on Thursday reappointed 11 of its 12 regional bank presidents, ending a mini-drama at the central bank in a move that came a bit earlier than usual. There had been some speculation about whether President Donald Trump, a fierce Fed critic, would seek to exert more control over the rate-setting […]

Finance

VanEck turns online slang into strategy with ‘Degen Economy’ ETF

December 11, 2025

Key Points VanEck is renaming its gaming ETF (BJK) the “VanEck Degen Economy ETF.” “Degen,” short for “degenerate,” originated in gambling circles and later migrated into crypto and retail-trading communities. The change takes effect after the market close on April 8, resetting a fund launched in 2008 that has just $23 million in assets. Source

Finance

Stocks making the biggest moves midday: Oracle, Vail Resorts, GE Vernova, Brinks, Ciena & more

December 11, 2025

Check out the companies making the biggest moves midday: Oracle — The database management software maker tumbled 14% after reporting fiscal second-quarter revenue that missed analyst expectations. Multiple analysts across Wall Street raced to lower their price targets in reaction. Vail Resorts — The ski resort owner jumped 9%. Fiscal first quarter “mountain” revenue of […]