Climate change is perceived as less of a major risk by UK banks, according to the Bank of England’s latest systemic risk survey, with geopolitical and cyber concerns higher on lenders’ worry lists.

Tim Skeet, a career banker in the City, has previously worked at Dresdner and Merrill Lynch, where he was a colleague of Andrea Orcel As the English expression goes, the cat has just been thrown ...

Revolut has said Meta’s action on tackling fraud has fallen “woefully short” of requirements and has called on Facebook’s owner to contribute to the reimbursement of victims defrauded on its sites.

Sterling dropped to a two-week low in early Thursday trading, after Bank of England governor Andrew Bailey held out the prospect of becoming “a bit more aggressive” in cutting interest rates. The ...

The US has also increased the diversification of its development strategy in recent years in a bid to counter Chinese ...

Kotak Mahindra Bank holds on to the best-performing title, while HDFC pushes State Bank of India down one place to second in ...

UK banks will be given new powers to delay payments suspected to be fraudulent, as the government tackles the millions lost to scammers every year. New laws proposed by the government will extend the ...

As more fintechs enter the market and expand available services, the regulator is stepping up to ensure stability ...

A: The inclusion of new members helps broaden AIIB’s reach in regions where it can make a tangible difference to ...

Banks across the globe are facing significant challenges in the adoption of Swift’s ISO 20022 standard. The new transaction format requires an overhaul of many major banks’ legacy systems, functioning ...

The FCA’s new regulations will not be sufficient to prevent further bank branch closures, said Andrew Martin, chief executive ...