According to a Bloomberg New Energy Finance report, the VCM is anticipated to achieve a valuation of more than $1.1tn annually by 2050, unlocking financing to support climate change mitigation. Much ...

Beijing has strongly condemned an EU decision to sanction two Chinese banks, calling on Brussels to “immediately cease its wrong practice” while pledging a response aimed at defending the interests of ...

According to figures from the Financial Conduct Authority’s website, which have yet to be updated to include last week’s £42mn penalty against Barclays, UK banks have been fined £251.4mn since the ...

Chenyue Mao, a US citizen and managing director at Wells Fargo in Atlanta, was placed under the exit ban after entering China ...

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

The rising tide of stablecoins, underpinned by the pro-crypto leanings of the second Donald Trump administration, has in the ...

The head of JPMorgan’s British retail banking arm stopped short of confirming whether the bank would reach profitability this ...

Ukraine’s central bank governor Andriy Pyshnyi has urged international investors to not “be afraid to invest” in the war-torn ...

A US federal banking regulator has launched a review of a contested licensing regime that enables nonfinancial companies to ...

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

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 Bank of Thailand hopes its award of three “virtual” banking licences last month to established domestic players — which have partnered with established retailers and fintechs — will see the ...