A US federal banking regulator has launched a review of a contested licensing regime that enables nonfinancial companies to establish their own banks, a move that experts believe may lead to an uptick ...

Goldman Sachs, Morgan Stanley and Bank of America all beat analyst expectations on Wednesday, their second-quarter results boosted by strong trading revenues linked to heightened volatility created by ...

HSBC’s decision to exit the Net-Zero Banking Alliance is “hugely disappointing” say shareholders and sustainability experts, ...

It is time to take the boot off and regulate for growth, not risk. That was chancellor Rachel Reeves’ core message in her Mansion House speech last night, where she unveiled the biggest financial ...

The rising tide of stablecoins, underpinned by the pro-crypto leanings of the second Donald Trump administration, has in the past 12 months become too great for banks to ignore.

The World Bank’s Global Findex 2025 report found that the global account ownership rate stood at 79 per cent in 2024, compared with 51 per cent in 2011 and 74 per cent in 2021. In prepared remarks ...

The bulk of the fine relates to Barclays’ dealings with gold bullion firm Stunt & Co, a customer of Fowler Oldfield, which was at the centre of a major money laundering investigation following raids ...

Infrastructure dealmakers say UK regulations are more supportive of cross-border mergers and acquisitions than US rules, as ...

The UK’s Basel III framework needs to be “rethought” because it is holding banks back and moving lending to the shadow ...

More broadly, UAE banks have outperformed most of their GCC peers in the latest Top 1000 World Banks ranking. All five ...

London has struggled for several years to attract big-name IPOs amid a dearth of liquidity and a less favourable regulatory ...