His first brush with politics came in 1993 when he became prime minister of a caretaker government under President Oscar ...

Banks have welcomed the UK government’s latest move to streamline regulation after it announced that the UK Payment Systems ...

The FCA is aware of the potential pitfalls of loosening regulation in an attempt to boost growth, and has highlighted this a number of times, alongside its growth plans. “To achieve the deep reforms ...

While the announcement is part of Trump’s plan to “rein in burdensome regulations”, as Treasury secretary Scott Bessent said, banks will still be required to perform customer due diligence and ...

The Financial Conduct Authority has ditched its controversial “name and shame” proposal after sustained industry criticism.

The Net-Zero Banking Alliance is set to ask its members, which include HSBC and Barclays, to vote on whether to abandon a commitment to align their $54tn in assets with the Paris agreement’s goal of ...

Gross lending to SMEs from non-big five banks rose 8 per cent year on year to £37.3bn in 2024, according to a report by the ...

Plans for a Hong Kong international settlement house would create an alternative to established European services at a time ...

Donald Trump’s drastic cuts to the US Agency for International Development have forced several African nations to look for alternative ways to cover funding shortfalls. As such, attention is shifting ...

Mark Carney, the two-time former central banker who managed Canada’s response to the global financial crisis and became the ...

Climate action doesn’t need to be a “net threat” to the global economy, says Berners-Lee. He suggests some parts of the ...

Citigroup mistakenly credited $81tn instead of $280 to a customer’s account last April and took several hours to reverse the ...