President Donald Trump announced his intention to pursue legal action against JPMorgan Chase, asserting that the bank “incorrectly and inappropriately DEBANKED” him following the January 6, 2021 Capitol riot, according to a post on his social media platform. Trump’s statement came as he sought
Britain’s digital bank Revolut has formally applied for a full banking licence
Central banks are increasingly experimenting with bitcoin and other digital assets as
Wall Street is on track for its strongest investment banking performance since
India’s markets regulator has accused Bank of America’s local investment bank unit
The Bank of England’s custody of Venezuelan gold reserves has resurfaced as a contentious financial
Nigeria’s largest payments technology company, Flutterwave, has completed the acquisition of open banking startup Mono
Global investors are warning that 2026 could bring a significant inflationary challenge driven largely by
Russia’s central bank has filed a lawsuit seeking about $230 billion in damages from Belgium-based
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 rather than isolated innovation. Collaborations involving startups, banks, mobile operators, investors and regulators are now central to
The Bank of England has reduced the core capital requirement for major UK lenders from fourteen per cent to thirteen per cent, marking the first easing of post crisis standards in more than a decade. The shift follows robust stress
Swiss voters are preparing to decide on a proposal that would significantly alter how large inheritances and gifts are taxed in one of the
Shortly after the UK budget, two major US banks unveiled plans to significantly increase their footprint in Britain, signalling renewed confidence in the country’s
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 still addressing public finance constraints, boosting sentiment around sterling. Underlying the uptick
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 risk and bolster cyber-security.
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 and rising concerns over economic growth, prompting banks to sweeten propositions. Several institutions have introduced share buy-back programmes, increased dividends
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 to people familiar with the matter cited by the Wall Street Journal. The loan had been tied to a US$20
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
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
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
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 by hopes that regulators will soon ease long-standing
Fintech innovation is reshaping how individuals prepare for retirement, expanding access to private markets that were once reserved for institutional investors. As digital wealth
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
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)