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REGULATORYSTORY 519· JULY 30, 2026

Intercontinental Exchange to buy MarketAxess for $6 billion in all-cash bond market deal

Electronic bond trading, where buyers and sellers of debt securities match orders through a digital platform rather than bilateral phone calls between broker desks, is consolidating at the top. Intercontinental Exchange (NYSE: ICE) has…

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Deutsche Bank settles €152 million lawsuit with former executive Dario Schiraldi

A settlement, meaning a negotiated payment that closes a dispute without a court deciding the underlying facts, has resolved Deutsche Bank's civil conflict with former executive Dario Schiraldi. The German lender agreed to pay €152 million.

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NBA bans Clippers owner Steve Ballmer for one year, fines franchise $30 million in Kawhi Leonard cap probe

The Los Angeles Clippers have lost their owner for a year, $30 million, and five first-round draft picks following an NBA salary cap investigation tied to player Kawhi Leonard. A salary cap is the leagu

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Steve Ballmer banned by NBA over improper payments to Kawhi Leonard

Paying a player millions outside the salary cap, the NBA's rule that sets an upper limit on what each franchise can spend on player contracts, has earned Los Angeles Clippers owner Steve Ballmer a ban from the league. A league…

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