EU Commission Should ‘Be Bold,’ Take Legal Risks, Former General Court Head Says

Aquarian/Brighthouse: Filing Says Buyer Seeks to Wipe $2.7 Billion of Losses Off Brighthouse Life’s Books and Create Possible Asset-Management Role for Mubadala Capital; State Regulator Opened Examination of Insurer

Aquarian Capital, which is attempting a $4.1 billion takeover of Brighthouse Financial (BHF), is asking Delaware’s insurance commissioner to let the target’s flagship insurer reset $2.7 billion...

Union Pacific/Norfolk Southern: Deal Opponents, Supporters Target VP Vance in Lobbying Efforts

As a U.S. senator, JD Vance emerged as a vocal critic of the rail industry after a Norfolk Southern (NSC) freight train derailed in East Palestine, Ohio, in 2023, releasing hazardous chemicals that...

Financials Friday: Better Markets Calls for Investigation into CFTC Collaboration with Kalshi; Judge Refuses to Toss Consent Order Against Winklevoss Crypto Firm; Bank of America Hit with $1.2 Billion Anti-Money Laundering Fine; Banks Are Liable for What Their AI Chatbots Say; California Expands Regulation of Small Business Lending

Financials Friday is a weekly overview of financial news and analysis of the timing and priorities of key agencies including the Federal Reserve, OCC and FDIC. Key stories we’re following this week...