Mediobanca has received approval from the European Central Bank to acquire private bank Banca Generali – a regulatory milestone that strengthens its hand ahead of a crucial shareholder vote on the deal. The ECB’s decision also allows Mediobanca to raise its exposure beyond the
Banks are beginning to deploy agentic process automation – AI-powered systems that
Citigroup is exploring custody and payment services for stablecoins and crypto asset
Bitcoin has climbed to a record high of around $124,002, propelled by
The Bank of Japan is coming under intensifying pressure from policymakers, advisers,
Australia’s four largest banks have wasted no time in passing on the Reserve Bank’s latest
The U.S. banking sector is undergoing a significant regulatory pivot as the Trump administration directs
UBS made headlines by withdrawing from the Net-Zero Banking Alliance (NZBA), a group formed in
The British pound has shown signs of strength in the lead-up to the Bank of
Metro Bank, a key player in the UK banking landscape, has demonstrated impressive growth in
Nigeria’s banking sector faces an escalating threat from cyber fraud, which is severely undermining public
UBS has agreed to pay $300 million to resolve its involvement in the mis-selling of
Euronext has made an all-share offer to acquire Hellenic Exchanges – Athens Stock Exchange (ATHEX)
In its latest policy decision on July 30, 2025, the Bank of Canada (BoC) opted to keep its key policy interest rate at 2.75%, marking the third consecutive meeting in which it
The European Central Bank (ECB) has announced that, starting in the second half of 2026, it will factor climate-related risks into its lending practices. The new policy will introduce a “climate factor” that could reduce the value of assets used
Barclays has posted an impressive 23% increase in its first-half profit for 2025, bringing the total to £5.2 billion ($6.94 billion). This significant jump
The Bank of England (BoE) is re-evaluating its strategy for quantitative tightening (QT) as the rise in government bond yields threatens to undermine market
China’s banking sector is undergoing a strategic overhaul as regulators intensify efforts to stimulate domestic demand and fortify financial resilience. In response to persistent economic headwinds and slowing consumption, the People’s Bank of China (PBOC) and the National Financial Regulatory Administration have instructed lenders
The European Central Bank (ECB) has opted to hold its key interest rate steady at 2%, marking a pause after a year of monetary tightening. This cautious decision comes as the eurozone faces growing uncertainties around the potential for new tariffs in the wake
The Russian rouble has seen an unexpected 45% surge against the U.S. dollar in 2025, positioning it as one of the best-performing currencies globally. This rise is largely attributed to the Bank of Russia’s strict monetary policy, with interest rates consistently held above 20%,
UniCredit has posted a surprising jump in profits for the second quarter of 2025, leading the bank to raise its earnings forecast for the full year. The profit boost comes despite its decision to withdraw its bid for Banco BPM, a move that was
Bank of England Governor Andrew Bailey has strongly defended the current banking regulations in the UK, particularly the controversial ring-fencing rules that separate consumer lending from investment banking. This defense comes in
The global cryptocurrency sector has officially surpassed the $4 trillion mark, capping off a week that many industry observers believe marks the asset class’s transition from speculative frontier to financial mainstream. Fueled by
The Bank of England has begun pressing major lenders to detail how they would cope if U.S. dollar funding suddenly dried up, a scenario increasingly plausible amid concerns over a potential second
Japan’s core consumer inflation eased to 3.3 percent in June, down from May’s 3.7 percent, but remained well above the Bank of Japan’s 2 percent target for the 39th consecutive month, keeping rate hike expectations
Leading American banks are inching toward stablecoin adoption, signalling a cautious but strategic embrace of digital currency as regulatory clarity begins to take shape. Bank of America has confirmed early-stage development of
The British pound firmed slightly against the euro following new labour market data that painted a more balanced picture of the UK economy. Though wage growth continues to cool and employment figures
In June, UK consumer price inflation unexpectedly climbed to 3.6 per cent – the highest rate since January 2024, driven by rising food, fuel, and transport costs, and catching markets by surprise. This
The Bank of Japan is set to raise its inflation outlook for fiscal 2025, acknowledging persistent upward pressure from food costs such as rice, while keeping its 0.5% short-term policy rate unchanged
Bitcoin has soared past the $120,000 threshold, marking a new all-time high of $123,153 and reaffirming its emergence as a maturing financial asset within institutional portfolios. This record, reached on 14 July,
Since March, Beijing has urged banks to bolster low‑interest consumer lending to ignite household spending as a countermeasure to ongoing trade tensions, yet growth remains tepid and debt failures are mounting. Despite launching sub‑3 percent personal loans to spur demand, banks
Bitcoin has surged to an all-time high, climbing above $116,700 on Friday as institutional demand and favourable U.S. policy signals converged to drive new
The Bank of Japan’s latest regional survey reveals a nuanced picture: although U.S. tariffs have so far exerted limited pressure on Japanese exports and
From the outset, Australia’s central bank has signalled a meaningful shift in financial market infrastructure with the launch of Project Acacia, a trial involving