German Regulator Steps Down, EY Changes Leadership Following Wirecard Scandal

The Wirecard scandal is leading to more high-profile exits in Germany. 


 
Fed Attributes Payment Systems Outage to 'Human Error'

The mistake caused key financial services to shut down for about four hours Wednesday. 


 
Cayman Islands, Morocco Placed on Terror-Financing Watch List

The global standard setter for anti-money-laundering laws added Burkina Faso, the Cayman Islands, Morocco and Senegal to its list of jurisdictions under increased monitoring. 


 
Top Pension Fund Head Beat Canada's Covid-19 Vaccine Queue by Getting a Shot in Middle East

Mark Machin arrived in the United Arab Emirates with his partner and received the first dose of a vaccine developed by Pfizer and BioNTech, people familiar with the matter said. 


 
Canada's Georgian Partners Eyes Big Fund for Follow-On Deals

Georgian Partners, a prominent Canadian venture firm, is raising up to 1 billion Canadian dollars, equivalent to about US$800 million, for a new fund that will be used to reinvest in a small number of its portfolio companies, according to people familiar with the situation. 


 
Coinbase Files for Public Offering

Coinbase Global filed to go public with the SEC, becoming the most prominent cryptocurrency-focused company yet to tap the public markets. 


 
Vanguard Charts a Narrow Path in China, Staking Its Future on a Fledgling Venture

The asset manager is betting that its main route into China will be to bypass its biggest banks and investment institutions, hoping that its partnership with Ant will give it some reach over the roughly one billion users of the payments service Alipay. 


 
GameStop's Stock Posts Big Swings, Retail ETF Follows

The return of volatility to GameStop shares has dragged investors in State Street's SPDR S&P Retail ETF along for the ride once again. 


 
Two Fed Officials Say Bond-Yield Rise Signals Upbeat Economic Outlook

The Kansas City Fed leader said the vaccination campaign is setting the stage for a strong recovery. 


 
Rich Countries Borrowed $18 Trillion in 2020. Few Seem Worried About Them Paying It Off.

Governments in advanced economies borrowed $18 trillion from bond markets-more than ever before-during the first year of the coronavirus pandemic, but their borrowing costs hit record lows.

(END) Dow Jones Newswires

02-26-21 0015ET