The World Bank has issued a strong call for radical transparency in national debt reporting, aimed at preventing future financial crises in developing countries. A report published on 20 June 2025 highlights
Rising tensions in the Middle East have prompted investors across the banking, financial services and insurance (BFSI) sector to reassess risk and asset positioning. Following recent attacks and threats of escalated conflict,
The UK government has launched the Smart Data Group following passage of the Data (Use and Access) Bill, signalling a major step in extending open banking principles beyond payments to energy, telecoms,
The Swiss National Bank’s 2025 Financial Stability Report, released on 19 June 2025, paints a picture of rising economic uncertainty fuelled by geopolitics and trade tensions. Global debt levels close to record
The Bank of England maintained its key interest rate at 4.25% on 19 June 2025, marking yet another measured pause in its monetary easing cycle. This decision, approved by a 6–3 majority,
Russia’s dominant lender, Sberbank, is unveiling an upgraded version of its GigaChat large language model (LLM) now equipped with advanced reasoning capabilities, marking a significant evolution in its AI ambitions. According to
The Inter‑American Development Bank (IADB) has unveiled a pioneering strategy to mobilise sustainable finance in developing nations, using public funds to trigger vast private investment. By repackaging low‑risk renewable energy loans with
Metro Bank’s shares have surged on speculation of a private‐equity takeover by Pollen Street Capital, part-owner of Shawbrook Bank. The bid, still in informal stages, peaked Metro’s stock at around 133 pence, an
In an exclusive interview, ECB Vice‑President Luis de Guindos conveyed a calm assurance about the euro’s recent rise and lingering inflation concerns, painting a picture of cautious confidence for the eurozone’s financial future. Despite
The recent collaboration between U.S. Bank’s Elan Financial Services and Fiserv marks a strategic evolution in the card‑management space, reshaping how financial institutions serve both consumers and SMEs. By integrating Elan’s credit card
