Brussels is facing mounting concern from City figures over planned banking rules that could disrupt lenders, complicate the UK-EU relationship and weaken financing conditions at a sensitive point for Europe’s wider strategic
Inflation concerns are intensifying as energy prices rise following the U.S. and Israeli attacks on Iran, prompting speculation that Europe’s central banks will raise their key interest rates. However, some policymakers remain
The Indian rupee market is bracing for further turbulence after a major intervention by the Reserve Bank of India triggered an accelerated unwinding of arbitrage positions by banks. The central bank’s clampdown
Traditional banks face mounting pressure to adapt to the evolving financial services landscape, with digital challengers like Revolut successfully building revenue through fee-based models. As interest rate volatility squeezes traditional banks’ net
French authorities have widened their investigation into the attempted attack on Bank of America’s Paris offices, adding two more suspects to a case that is already drawing attention across financial and security
The Bank of London has agreed with the UK financial watchdog to stop taking on new customers, adding a fresh regulatory constraint to the lossmaking fintech. For the banking sector, the move
The Bank of England has outlined a new framework aimed at strengthening how banks manage liquidity during periods of financial stress, reflecting lessons drawn from recent global banking failures. The proposals, launched
The US Federal Reserve is preparing to loosen capital requirements for large banks, signalling a shift in regulatory policy that could alter how major lenders manage their balance sheets and deploy capital.
Customers of three major UK banks briefly gained access to other people’s financial information through mobile banking applications, raising concerns about data security in digital banking services. Users of Lloyds, Halifax and
Wider adoption of open banking could generate up to £43bn in annual economic benefits for the UK, according to new research published as regulators assess how the technology should be governed in
