Ensuring there are new entrants in the banking sector was among the first priorities listed by Travis Hill, the newly ...

Soumya Kanti Ghosh, group chief economic adviser at State Bank of India, says some banks are careful in monitoring cash flows ...

The initial honeymoon period filled with excitement over their jazzy apps and kooky branding has waned, and they have not ...

Lloyds Banking Group has set aside an additional £700mn to cover potential customer redress costs linked to a UK court ruling ...

On Monday the Supreme Court barred the Treasury from intervening in an appeal brought by car loan providers, ending its attempt to shield banks from big payouts, which some say could run into billions ...

The bank in April 2022 began raising its key interest rate from a low of 0.1 per cent to a peak of 4.75 per cent in May 2023.

While trade finance is generally perceived as a low-risk business — the default rate for import and export letters of credit ...

Andy Agathangelou, founder of campaign group the Transparency Task Force, which recently organised a rally outside the ...

HSBC reported a pre-tax profit of $32.3bn for 2024 which exceeded analyst forecasts, and announced a new $2bn share buyback. For the final three months of 2024, pre-tax profit came in at $2.3bn, up $1 ...

On January 20, the day of Trump’s inauguration, New York City Comptroller Brad Lander struck a defiant tone. In a statement ...

Progress on mBridge may become less transparent moving forward, however, compounded by the departure of the Bank for ...

In line with UK and Swiss markets — also confirmed in January — the European Commission said last week that the EU will transition to T+1 in October 2027, a move which now awaits approval from the ...