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
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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
