The UK Financial Conduct Authority has said the next steps to progress open banking in the UK will include a new independent firm to “drive forward” variable recurring payments, following the lead of ...

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.

CaixaBank CEO Gonzalo Gortázar on European banking consolidation, Spain’s booming economy and why London is still the place for young financiers ...

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 ...

Fair access’ rulemaking intended to prevent politically motivated denial of services is expected to see a resurgence under new administration ...