As one of his last official acts, in December US President Joe Biden approved the transfer of $20bn to a new World Bank-administered fund for Ukraine. This transfer is part of a larger $50bn loan ...

Canada’s TD Bank is planning to sell around $9bn in US residential mortgage loans to adjust its balance sheet and comply with ...

Neo-incumbents, burdened by size, often miss emerging opportunities. The next wave of digital banking innovation lies in ...

Chancellor Rachel Reeves launched an intervention on Monday in a bid to shield car loan providers from potential multibillion-pound compensation payouts following a landmark mis-selling case.  In a ...

Newly inaugurated US President Donald Trump has also called on EU Nato member countries to significantly ramp up defence spending from an existing target of 2 per cent to 5 per cent of GDP.

State-based armed conflict has jumped to the number one risk for 2025 from eighth last year, followed by concerns about extreme weather and geoeconomic confrontation, according to the World Economic ...

Italy’s small and medium-sized enterprises banking market could be shaken up by Banca Ifis’s surprise €298mn bid for Illimity.

Concerns are mounting about a likely increase in banking and financing litigation in the US this year, according to survey data from law firm Norton Rose Fulbright, prompted by last year’s Loper ...

Santander has already begun trimming its UK workforce, announcing in October a reduction of 1,400 jobs as part of a cost-saving initiative called “Project Nike”. Should Santander exit UK retail and ...

This year started with a bang in the climate finance world: on January 7, JPMorgan Chase joined Morgan Stanley, Citi, Bank of America, Wells Fargo and Goldman Sachs in the wave of US banks announcing ...

Among the many questions that banks have ahead of Donald Trump’s second inauguration next week, the identity of Michael Barr’s replacement as the top bank supervisor at the Federal Reserve is surely ...

The delay also follows UK government pressure to ease regulatory burdens and stimulate economic growth. Prime Minister Sir ...