A UK financial watchdog chief has warned that the increased involvement of overseas hedge funds in the UK bond market poses a major threat to the country’s financial system, with their increased ...

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

Chenyue Mao, a US citizen and managing director at Wells Fargo in Atlanta, was placed under the exit ban after entering China in recent weeks, the Wall Street Journal reported, citing anonymous ...

As the shift from image to intention continues to gather momentum, there are endless possibilities for banks and financial institutions to support cardholders to embrace what matters most: building ...

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

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 ...

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

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.

Monzo has become the latest UK challenger bank to be fined by the Financial Conduct Authority for “inadequate” financial ...

An Italian court has upheld the government’s demand that UniCredit exit its Russian operations as a condition for proceeding with its €45bn takeover of domestic rival Banco BPM, while striking down ...