HSBC’s decision to exit the Net-Zero Banking Alliance is “hugely disappointing” say shareholders and sustainability experts, ...

An Italian court has upheld the government’s demand that UniCredit exit its Russian operations as a condition for proceeding with its €45bn takeover of domestic rival Banco BPM, while striking down ...

Standard Chartered Luxembourg is preparing to file for an EU Markets in Crypto-Assets Regulation licence as early as this week as it moves to scale its institutional digital asset custody services, ...

Kuwaiti lenders have, in almost all instances, performed commendably in the Top 1000 World Banks ranking, with most ...

More broadly, UAE banks have outperformed most of their GCC peers in the latest Top 1000 World Banks ranking. All five ...

Saudi and Emirati lenders have tightened their grip on the top 25 Middle East banks ranking this year, with institutions from ...

The UK’s Basel III framework needs to be “rethought” because it is holding banks back and moving lending to the shadow ...

London has struggled for several years to attract big-name IPOs amid a dearth of liquidity and a less favourable regulatory ...

Monzo has become the latest UK challenger bank to be fined by the Financial Conduct Authority for “inadequate” financial ...

UBS must face two investor lawsuits in the US over alleged misconduct by Credit Suisse prior to its collapse in March 2023, a ...

Monzo’s customer base has grown rapidly since it received full banking permissions in April 2017, increasing from 600,000 in 2018 to over 5.8mn in 2022. But the bank’s financial crime controls failed ...

The Bank of Thailand hopes its award of three “virtual” banking licences last month to established domestic players — which have partnered with established retailers and fintechs — will see the ...