The European Central Bank (ECB) has announced that, starting in the second half of 2026, it will factor climate-related risks into its lending practices. The new policy will introduce a “climate factor”
Barclays has posted an impressive 23% increase in its first-half profit for 2025, bringing the total to £5.2 billion ($6.94 billion). This significant jump has exceeded analysts’ expectations, underlining the bank’s solid
The Bank of England (BoE) is re-evaluating its strategy for quantitative tightening (QT) as the rise in government bond yields threatens to undermine market stability. This shift comes after a period of
China’s banking sector is undergoing a strategic overhaul as regulators intensify efforts to stimulate domestic demand and fortify financial resilience. In response to persistent economic headwinds and slowing consumption, the People’s Bank
The European Central Bank (ECB) has opted to hold its key interest rate steady at 2%, marking a pause after a year of monetary tightening. This cautious decision comes as the eurozone
The Russian rouble has seen an unexpected 45% surge against the U.S. dollar in 2025, positioning it as one of the best-performing currencies globally. This rise is largely attributed to the Bank
UniCredit has posted a surprising jump in profits for the second quarter of 2025, leading the bank to raise its earnings forecast for the full year. The profit boost comes despite its
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
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
