News

Italy is standing by the conditions it set for UniCredit’s €14bn takeover bid for Banco BPM, as the government prepares to ...
The IFC — the World Bank’s private-sector lending arm — said a report from coalition group Stop Financing Factory Farming is ...
The US has yet to subscribe to the European Bank for Reconstruction and Development’s €4bn capital increase for Ukraine’s reconstruction, despite other G7 countries already committing funds, the ...
The conviction of community banker Shan Hanes in August 2024 raised the issue of adequate internal controls. The former CEO of Heartland Tri-State Bank was convicted of embezzlement after collapsing ...
Donald Trump’s arrival in the Gulf today for the first foreign trip of his new term occurs against the backdrop of a significant — albeit temporary — de-escalation in his administration’s trade ...
The European Commission is under pressure to delay the implementation of new market risk capital rules in line with the US ...
The Federal Reserve, the New York Fed, the Office of the Comptroller of the Currency and the Federal Deposit Insurance ...
Last week, RBC, Canada’s largest lender, announced that it would abandon its C$500bn ($360bn) sustainable finance target, ...
UK banks want the government to publicly defend their financing of defence companies, saying they have faced a wave of ...
Armenia’s finance minister has ruled out any further debt raising until at least 2027, citing a significantly higher yield on ...
Now, a new wave of innovations underpinned by data — from alternative credit scoring to cash flow and transactional data-based lending — are starting to disrupt the industry and remove many of the ...
Markets reacted positively to the announcement. S&P 500 futures rose 2.8 per cent and the US dollar gained 0.7 per cent against a basket of major currencies, while China’s yuan strengthened to a ...