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 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 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 ...

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 ...

“Significant risks persist — including from tariffs and trade uncertainty, worsening geopolitical conditions, high fiscal deficits and elevated asset prices,” Jamie Dimon said in a statement on ...

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

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 ...

Standard Chartered Luxembourg is preparing to file for an EU Markets in Crypto-Assets Regulation licence as early as this week as it moves to scale its institutional digital asset custody services, ...

Other analysts surveyed by Bloomberg say Goldman Sachs is forecast to lead in equities with a $3.7bn revenue haul expected for the quarter, followed closely by Morgan Stanley. JPMorgan with Citigroup ...

The Federal Reserve has proposed changes to how it evaluates major US banks under its large financial institution rating framework, aiming to make it easier for them to qualify as “well managed” and ...

Ukraine’s central bank governor Andriy Pyshnyi has urged international investors to not “be afraid to invest” in the war-torn country on the opening day of the annual Ukraine Recovery Conference in ...

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