Record of the Financial Policy Committee meeting on 26 June 2026 Headline judgements and policy actions Overall summary Vulnerabilities in risky asset valuations, sovereign debt markets, and risky credit markets, including in private credit, previously highlighted by the Financial Policy Committee (FPC) remain, and some have become more pronounced since the December 2025 Financial Stability […]
Banking regulators are warning that frontier AI models could threaten the financial system. The European Systemic Risk Board (ESRB) and Bank of England (BOE) both issued reports Tuesday (July 7) on the risks of these artificial intelligence (AI) models to financial institutions’ cyber defenses. “Frontier AI models are a paradigm shift for cybersecurity,” the ESRB said […]
Capital One’s projected credit card losses jumped in its first Federal Reserve stress test since acquiring Discover, highlighting the enlarged lender’s heavier exposure to unsecured consumer credit. Projected credit card losses at the bank reached $55.7 billion under the severely adverse scenario in the 2026 Dodd-Frank Act stress test (DFAST), up $20.7 billion, or 59%, […]
Armed Forces Bank Ratings Overview Lenders are rated using a calculated overall score based on affordability, eligibility, customer service and other factors. The highest scoring lenders were identified in each category. Ratings are prepared by U.S. News staff. Ratings have not been reviewed or approved by advertisers. Armed Forces Bank Home Loans Are Best For: […]
Charles Schwab’s proprietary retail investor sentiment gauge hit its highest level in four years in June, as clients continued to buy market dips despite major indices closing the month with minor losses. The firm revealed on Monday that the Schwab Trading Activity Index (STAX) rose to 59.12 in June, up 7.33% from 55.08 in May, […]
Ben-Sasson also welcomed Buterin’s decision to make privacy and quantum-resistant cryptography top priorities. “Quantum safety—excellent,” he wrote on X. “Glad to see this as a high priority.” But he argued Ethereum shouldn’t wait three to four years to get there. “‘3-4 years’ as the timeline is way too long,” Ben-Sasson said. “Especially for quantum readiness.” […]
Statement from the Bank of England
Traders have become highly active in FIFA World Cup markets, increasing sensitivity to any misleading automated alerts. Coinbase CEO Brian Armstrong has said the exchange is investigating an AI-generated prediction market alert after the platform mistakenly sent users a “breaking news” notification of a supposed Norway 3-2 win against Brazil in the ongoing FIFA […]
Interestingly, after a series of buys and sales over the past few weeks, the company is left with a net increase of only 69 bitcoin despite deploying roughly $20 million in additional capital, a crypto trader, KALEO, said on X. Because the company sold coins below the prices it had recently paid, the implied average […]
Circle’s USDC stablecoin widened its lead over competitor Tether’s USDT by transaction volume during the first half of 2026, according to fresh data from Visa’s onchain dashboard. In June alone, stablecoin activity increased to a record $1.79 trillion in adjusted transaction volume, up 63% from May’s $1.1 trillion and 125% from about $795 billion in […]