India’s markets regulator has accused Bank of America’s local investment bank unit of breaching insider trading rules and internal confidentiality protocols in connection with a 2024 stock sale, underscoring compliance risks for foreign banks operating in India’s capital markets. In a show-cause notice issued
The Bank of England’s custody of Venezuelan gold reserves has resurfaced as
Nigeria’s largest payments technology company, Flutterwave, has completed the acquisition of open
Global investors are warning that 2026 could bring a significant inflationary challenge
Russia’s central bank has filed a lawsuit seeking about $230 billion in
Spanish banking group BBVA and artificial intelligence developer OpenAI have formalised a strategic alliance aimed
UK banks are preparing to offer more personalised guidance on how customers might allocate their
The European Central Bank is preparing to propose a significant simplification of capital-buffer regulation for
Klarna has extended its partnership with Apple Pay into two of Europe’s largest consumer markets
Fintech development across Africa is accelerating as industry growth becomes increasingly anchored in interconnected ecosystems
The Bank of England has reduced the core capital requirement for major UK lenders from
Swiss voters are preparing to decide on a proposal that would significantly alter how large
Shortly after the UK budget, two major US banks unveiled plans to significantly increase their
The British pound strengthened modestly as markets positioned themselves ahead of the UK government’s much-anticipated budget. Financial markets appear cautiously optimistic that the forthcoming measures may avoid overly aggressive tax hikes while
Quantum computing is emerging as a transformative force in banking, with the potential to redefine financial performance across multiple dimensions. According to McKinsey & Company, leading banks are already exploring applications that go beyond traditional computing to optimise portfolios, assess
European lenders are increasingly deploying incentives to maintain investor interest as the sector’s rally shows signs of stalling. The move comes amid softer earnings
Major US banks including JPMorgan Chase, Bank of America and Citigroup have abandoned plans to provide a US$20 billion loan facility to Argentina, according
The European Union has reached a provisional agreement to harmonise core insolvency laws across its 27 member states, seeking to remove legal barriers to cross-border investment and integrate capital markets more deeply. Under the deal, national regimes will adopt uniform rules such as requiring
The Bank of England (BoE) on 18 November 2025 announced that the deposit protection limit under the Financial Services Compensation Scheme (FSCS) will be raised to £120,000 per person from the current £85,000, a roughly 40 % increase aimed at reinforcing savers’ confidence in the
In a move that crystallises the changing face of European finance, Openbank – the fully digital arm of Banco Santander – has entered the cryptocurrency arena. The platform now allows Spanish customers to buy, sell, and hold digital assets including Bitcoin, Ether, Litecoin, Polygon,
A modest Japanese fintech start-up has set a bold course: issuing a yen-pegged stablecoin that could reshape parts of the country’s bond market and the broader payments ecosystem. JPYC Inc., which launched its stablecoin on 27 October, aims to issue as much as ¥10
Under the Donald Trump administration, the U.S. has enjoyed the unusual combination of a booming stock market and a weakened dollar. But according to analysts, this “sweet spot” may be more fragile
In Frankfurt, Isabel Schnabel’s recent speech marked a quiet turning point in how the European Central Bank envisions its role in a post-crisis, post-QE era. Speaking at the ECB Conference on Money
The Bank of England’s latest policy meeting ended in a knife-edge decision that keeps the benchmark rate at 4% – but also signals the tightening cycle may be nearing its end. In
British banking shares surged after reports confirmed that Chancellor Rachel Reeves will likely spare the sector from new tax hikes in the upcoming budget – a decision that immediately lifted confidence across
The UK government’s new pilot scheme marks a decisive shift in the intersection of finance and social policy. For the first time, people without fixed addresses, including those experiencing homelessness, will be
Japan’s digital asset market is entering a defining phase. As the value of crypto holdings climbs past ¥5 trillion (US $33 billion), optimism among retail investors and fintech firms has surged, driven
Fintech innovation is reshaping how individuals prepare for retirement, expanding access to private markets that were once reserved for institutional investors. As digital wealth platforms evolve, the traditional model, built around public
Brazil’s central bank has introduced a sweeping set of regulatory reforms aimed at strengthening oversight of fintechs and tightening safeguards against financial crime. The move marks one of the most significant overhauls
The United States’ journey towards open banking has hit a critical pause after a federal injunction temporarily halted the Consumer Financial Protection Bureau’s (CFPB) long-awaited rule on consumer data access. Designed to
A landmark collaboration between global fintech platform Afriex and Visa is reshaping the future of cross-border payments, introducing a new era of real-time financial connectivity. By integrating Visa Direct through its banking partners, Afriex can now facilitate instant transfers to
Europe’s evolving stance on digital assets is taking a sharper turn as France proposes to classify cryptocurrencies as “unproductive wealth,” placing them under wealth
Africa’s fintech revolution has entered a new phase as Nigerian-born Moniepoint secured an additional $90 million in funding, extending its latest investment round to
The UK’s Financial Conduct Authority (FCA) has issued a sharp warning to banks and payment providers, demanding tighter safeguards to combat the rising tide