In a statement, Revolut said it is “continuing to work closely with UK regulators” and aims to meet the requirements necessary to exit its restricted “mobilisation” phase and operate as a full-service ...

Liquidators for Malaysia’s scandal-hit sovereign wealth fund 1MDB have filed a lawsuit against Standard Chartered in ...

Jerry Serowik, senior managing director and head of capital markets at Cohen & Company Capital Markets, says that his ...

Under the new proposals it is envisaged that the amount of capital GSIB holding companies must hold will be reduced to a ...

A surge in Saudi corporate lending during the first three months of the year has fuelled the country’s fastest ...

Singapore has imposed a total of S$27.45mn ($21.5mn) in penalties on nine financial institutions, including UBS, Citi and Julius Baer, for breaches linked to a S$2bn money-laundering case that has ...

Manic and hypomanic episodes in bipolar disorder often trigger impulsive financial behaviour, yet many fail to recognise the ...

Ukrainian banks have urged the World Bank, IFC and other development banks to help de-risk investments in Ukraine’s defence ...

Europe was home to around half of the bank mergers and acquisitions involving Top 1000 lenders in 2024. The largest European banking merger of 2024 was Nationwide’s acquisition of Virgin Money in the ...

A 2024 study found that media bias alone costs African sovereigns $4.2bn annually in excess interest on Eurobond issuances.

Investec retains its crown as the best-performing bank in the UK, boosted by a high return on assets. The bank, which is dual listed in London and Johannesburg, South Africa, posted a 1.23 per cent ...

A UN report warns that banks, asset managers and insurers may be complicit in international human rights violations by channelling billions of dollars in treasury bonds and financing to companies ...