The U.S. Supreme Court overturned a Delaware Chancery Court ruling and reinstated Elon Musk’s 2018 Tesla compensation plan, removing a major overhang for the EV maker’s corporate governance and executive incentives. The decision eliminates potential renegotiation risk around a package that was tied to ambitious operational and market-cap milestones and could influence how boards structure large performance-based awards.
Source: Seeking Alpha
Fed seeks feedback on ‘skinny’ master accounts for payment services
The Federal Reserve moved to gather public comment on a limited or “skinny” master account structure, a step that could open tightly controlled payment-system access to a broader set of institutions. A calibrated approach could expand competition and innovation in real-time payments while preserving risk management and supervisory guardrails for the central bank’s settlement infrastructure.
Source: American Banker
Travis Hill confirmed as FDIC chair, setting tone for bank oversight in 2026
The Senate confirmed Travis Hill as chairman of the Federal Deposit Insurance Corp., elevating the acting chief to lead the agency through a critical period for bank capital, resolution planning, and deposit insurance policy. Hill’s confirmation provides regulatory continuity as banks navigate credit-cycle risks and evolving rules on liquidity and long-term debt.
Source: American Banker
Visa and Mastercard to pay $167.5M to settle ATM fee suit
Visa and Mastercard agreed to a $167.5 million settlement to resolve claims tied to ATM fee practices, closing another chapter in long-running litigation against card-network pricing. The deal underscores intensifying scrutiny of payments economics as regulators and courts probe competitive dynamics across consumer banking and merchant acceptance.
Source: Seeking Alpha
TikTok to form U.S. joint venture led by Oracle as divestment deadline nears
TikTok and ByteDance signed binding agreements to create a U.S. majority–American joint venture backed by Oracle, Silver Lake and MGX, aiming to resolve national-security concerns and avoid a nationwide ban. The structure hands U.S. governance over data and moderation to the JV while ByteDance licenses the algorithm—setting a notable precedent for cross-border tech deals under heightened scrutiny.
Source: Finance Magnates
EU selects EuroCTP as first consolidated tape provider for equities and ETFs
ESMA picked EuroCTP to deliver the EU’s inaugural consolidated tape for shares and ETFs, targeting a July 2026 launch. The long-awaited market-structure upgrade should boost transparency and best-execution quality by aggregating near-real-time prices and volumes across fragmented trading venues, narrowing the data gap for investors.
Source: FinanceFeeds
SoFi launches bank-issued stablecoin for on-chain settlement
SoFi Bank, N.A. introduced SoFiUSD, a fully reserved, redeemable-at-par stablecoin issued by a nationally chartered U.S. bank and designed for payments and settlement on public blockchains. The move brings stablecoin issuance into the regulated banking perimeter, offering institutions a lower-counterparty-risk rail for on-chain clearing across card networks, merchants, and cross-border flows.
Source: FinanceFeeds
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