Russia’s central bank has filed a lawsuit seeking about $230 billion in damages from Belgium-based financial services firm Euroclear, intensifying a high-stakes legal and financial confrontation rooted in the freezing of Russian assets following the invasion of Ukraine. The case, lodged in a Moscow
Spanish banking group BBVA and artificial intelligence developer OpenAI have formalised a
UK banks are preparing to offer more personalised guidance on how customers
The European Central Bank is preparing to propose a significant simplification of
Klarna has extended its partnership with Apple Pay into two of Europe’s
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
Quantum computing is emerging as a transformative force in banking, with the potential to redefine
European lenders are increasingly deploying incentives to maintain investor interest as the sector’s rally shows
Major US banks including JPMorgan Chase, Bank of America and Citigroup have abandoned plans to
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.
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
In a move that crystallises the changing face of European finance, Openbank – the fully digital arm of Banco Santander – has entered the
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
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 than it looks. The underlying mechanism: foreign investors keen on U.S. equities
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 Markets, she outlined a strategy of “quantitative normalisation” – not tightening –
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 a finely balanced 5-4 vote, Governor Andrew Bailey sided with the majority
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 financial markets. For institutions like Lloyds, Barclays, and NatWest, the prospect of
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
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 tax frameworks traditionally reserved for luxury assets. This
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 $200 million. Backed by Visa, Alphabet’s Google Africa
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 of romance fraud. Following a comprehensive review of
In the fast-evolving world of corporate finance, merchant banks are becoming increasingly crucial. Unlike traditional retail banks, which cater to the general public, merchant banks specialise in offering high-end financial services tailored for large corporations, wealthy individuals, and government entities.
HSBC’s proposed acquisition of the remaining 40 per cent stake in Hang Seng Bank marks one of its most significant strategic moves in Asia
UBS Group has doubled down on its commitment to shareholder payouts, even as Swiss regulators prepare to tighten capital requirements in the wake of
A new report from Standard Chartered has sent ripples through the financial world, warning that stablecoins could drain as much as $1 trillion from