The central bank has not disclosed the funding source for its large-scale loans to SCB. However, according to Reuters’ ...

Two UK regulators fined Citigroup £62mn after a “fat finger” error at the bank's European trading arm, which caused a markets flash-crash in May 2022. A trader on Citi’s Delta 1 desk typed the value ...

Many Virgin Money customers are concentrated in the north of England and Scotland, the bank having been founded in Newcastle ...

South Africa’s banking giants continue to dominate the African continent in spite of the country’s recent economic woes.

Banks warn there is a limit to how far they can stretch their risk frameworks to make climate tech investments work ...

Europe’s implementation of Basel capital rules “could and should” be postponed if the US adjusts its own version of the ...

The Bank of England has postponed disclosing its critical policies on Basel 3.1 rules until after the UK’s general election ...

JPMorgan led hires in the AI space across the global banking sector during the first quarter of the year, in a sign of the ...

Profits for the US banking industry increased by 79.5 per cent to $64.2bn in the first quarter of 2024. This was mainly due ...

Traders and regulators look to see if different trade cycles will upset market participants after the introduction of new ...

Accelerator programmes have a place in the fintech ecosystem, but structure and transparency could be improved ...

The CMU and banking unions, if completed, have the potential to indirectly tackle European banks’ long-standing profitability issue, says the report. In particular, banks might be able to expand and ...