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 ...

Chenyue Mao, a US citizen and managing director at Wells Fargo in Atlanta, was placed under the exit ban after entering China ...

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 ...

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

In the globalised world we live in, cross-border payments are an everyday necessity, helping businesses diversify their revenue streams, ensuring families can send remittances home, and boosting ...

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 ...

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 ...