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Goldman urges do-over by Trump regulators in easing Volcker Rule

Bloomberg Goldman Sachs Group Inc. has been brawling with regulators over the Volcker Rule for years. And it’s still fighting even though officials appointed by President Donald Trump are now working to soften the landmark constraint on banks. Goldman said a revamp that regulators proposed earlier this year falls far short of what’s needed to ease undue burdens on Wall ...

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All banks must handle cash, says Riksbank

Bloomberg Sweden’s central bank said it wants all banks, and not just the biggest financial institutions, to be obliged to handle cash, as lawmakers seek ways to limit the nation’s rapid development into a cashless society. Commenting on a proposal by the parliament committee reviewing the central bank laws to force the biggest banks to handle cash, Riksbank Governor Stefan ...

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Boeing creates new unit to focus on futuristic tech

Bloomberg Boeing Co is creating a new unit to focus on technology that’s seemingly straight out of science fiction, including super-fast computing that mimics the synapses of the human brain and hack-proof communications links based on applied quantum physics. So-called neuromorphic processing and quantum communications, two of the futuristic technologies Boeing wants to explore, may seem an odd fit for ...

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