Earlier this year, the FCA asked more than 1,000 regulated financial services firms, including 181 banks, to report all ...

Barclays’ investment bank saw a 6 per cent income rise to £2.9bn, driven by equities trading and renewed M&A activity.

According to a 2023 survey by the Payment & Clearing Association of China, the penetration rate of QR code payments in China is 92.7 per cent. With many merchants refusing to take cash, overseas ...

TD Bank is expecting its pre-tax net interest income to fall by up to $225mn in the 2025 fiscal year, after it became the ...

UBS announced on Monday that it is selling its 50 per cent stake in credit card provider Swisscard, acquired through its ...

Despite these challenges, strategic investments in corporate culture at banks are still a low priority. Culture initiatives are largely sidelined to the HR function, with employee surveys targeting ...

JPMorgan plans to expand its presence in Africa by entering Kenya and Côte d’Ivoire this year, chief executive Jamie Dimon ...

Morgan Stanley reported a 32 per cent increase in third-quarter profits on Wednesday, beating analyst expectations. The US ...

The European Central Bank cut interest rates by 25 basis points for the third time this year on Thursday, reducing the ...

Authorities have every incentive to step up to the plate. The Fed pointed out in April that rising inequality can predict ...

Senior banking figures have urged regulators to resist increasing liquidity resilience requirements and additional controls related to uninsured deposits following last year’s US banking crisis, with ...

Publishing its recommendations today, the Transition Finance Market Review, the body in charge of the study, has said that ...