Barclays’ stock has surged to a ten-year high after the bank posted strong first-quarter results, prompting RBC analysts to upgrade the stock. The shares hit 318.50p, marking a 46% increase over the
In a significant development for the U.S. financial sector, the Office of the Comptroller of the Currency (OCC) has granted national banks the ability to engage in cryptocurrency-related activities, including custody, trading,
Japan’s major banks are experiencing a resurgence, buoyed by the Bank of Japan’s (BOJ) ongoing strategy to incrementally raise interest rates. This shift, marking a departure from the prolonged era of ultra-low
Citi has announced a strategic partnership with SDX, a Swiss post-trade group, to tokenize private market assets. This collaboration aims to enhance the efficiency and liquidity of private market transactions by utilizing
Fluency, a UK-based deep tech company, has been selected by the European Central Bank (ECB) to contribute to the development of the digital euro by focusing on key features like programmable and
HSBC has introduced a new financial product, TradePay for Import Duties, to assist U.S. businesses in managing the financial impact of tariffs imposed by the Trump administration. The tariffs, introduced in April,
Minutes from the Bank of Korea’s (BOK) April 17 meeting suggest that an interest rate cut is likely in May. Despite keeping the benchmark interest rate at 2.75% in April, the seven-member
In April 2025, the momentum of interest rate cuts by major central banks significantly decelerated, reflecting a cautious approach amid global economic uncertainties and escalating trade tensions. Of the five central banks
PayPal has expanded its payment offerings in Germany with the launch of a contactless mobile wallet, allowing users to make in-store payments by simply tapping their phones at any location that accepts
The European Central Bank (ECB) has made a significant move in its pursuit of a digital euro by launching an innovation platform that incorporates nearly 70 private sector firms. This platform aims
